How Mukesh Ambani Got So Rich?

Introduction

You can estimate Mukesh Ambani’s income in such a way that by the time you watch this video, Mukesh Ambani will have earned one crore 92 lakh rupees, yes, nearly two crore rupees in just 10 minutes. There are rumors of marriage in which various celebrities from all over the world participated, the world’s top performance cricketers and movie stars participated and made the wedding four moons. If we talk about Justin Bieber alone, then he has taken 80 crore Indian rupees or 280 crore Pakistani rupees for a few minutes of performance. But how did they earn so much money?
What is the real source of his income of 10370 billion rupees, which makes him the richest person in Asia and above all, when one brother is bathing with golden water, why is the other brother bankrupt?
Here is Some highlights of Mukesh Ambani’s success story۔

History

viewers if you live in India, even if they want to, they cannot spend a single day in which they do not give some profit to Mukesh Ambani, be it telecom sector, petroleum, cricket or radial sector. I keep in touch with one or the other business of Mukesh Ambani but all this was started not by Mukesh Ambani but by his father Dhirubhai Ambani. In 1950 Dhirubhai Ambani moved from Gujarat to Yemen for a good job. For eight years he worked as a clerk in an import-export business and tried to understand the business closely. After eight years, he returned to India in 1958 and this time he had a business idea. He started a trading business.

As Reliance Commercial Corporation was initially named, this RCC company was only involved in the trading of spices from India. In the beginning, this RCC company was involved only in the trading of spices. They used to buy spices from India and export them to Middle East and Africa. He had enough experience, that’s why the ladder of success became easy for him. But Dhirubhai wanted to do something else. He thought that import and export were going on. Now why not enter into the manufacturing business. In 1966, he launched a new company called Reliance Textiles. There was a lot of strictness from the side due to which a crisis was created in the entire Indian textile industry. At the same time, Dhirubhai Ammani started using synthetic textiles instead of cotton, i.e. a cloth was made through a chemical process, which not only saved him from government policies, but also became more famous in the market due to the cheapness of the cloth. Gradually, Reliance Industries grew, big investors and the general public also started investing in it. Reliance Industries had achieved so much success that in 1987, the title sponsor of the Cricket World Cup was also with Reliance. Now, a challenge here was that Dhirubhai Ambani had to buy petrochemicals from other industries to run the textile industry. That is why he decided to start his petrochemical business. In this way, he also established a foothold in the Reliance Petroleum industry. In 1986, when Dhirubhai Ambani fell ill, his two sons Anil and Mukesh Ambani started helping him in the business. And as long as Dhirubhai Ambani was alive, the two sons worked together under him. But when Dhirubhai died in 2002, a new dispute emerged. Before his death, Dhirubhai Ambani had not told anything about the division of his property. Nothing was said about the division, so now after his departure, who will take control of Reliance Industries, in this regard, a meeting of the Board of Governors of Reliance was called and it was decided that more control will be given to Mukesh Ambani and From here, a rift broke out between the two brothers, the two brothers started fighting and ended communication with each other, but this was not seen by their mother and they decided that the two brothers should divide the business in half and Do your own thing.

Thus, in 2005, Reliance Industries was split into two brothers, Reliance Oil Gas Petrochemical and Manufacturing in Mukesh Ambani’s share, I Orleans Energy Telecom and Reliance Capital in Anil Ambani’s share. In this way, the problem was solved, but the differences between the two brothers continued and these matters even reached Kot. Mukesh Ambani began working hard to expand his part of the business, which was the Jamnagar Petroleum Refinery. Not only that, he made a big petroleum refinery, but also increased the profit of Reliance Petroleum by adding another new refinery in this industry. After that, Mukesh Ambani also stepped into the retail industry, which led to a revolution in India. And discounted stores and supermarkets were opened all over India in the name of Smart Bazaar, where consumers could get all the items at one place at discounted rates. Jumped into it too. Bought the most expensive team of IPL, Mumbai Indians. And this team remained the most valuable team of IPL for the next several years even when matches were played in empty stadiums during the days of Corona, Mumbai Indians generated record profits.In 2016, Mukesh Ampani entered the telecom industry. And this step was so heavy that it was going to crush other competitors in the telecom industry. They launched a mobile network called Jio in which calls data and messages were made free to the public. Peoples started buying Jio sims because everything was going free here. As we see, Jio users have reached 450 million and when Jio launched FG network, the number of users increased further. The success was so high that other telecom companies filed a case against Jio. They said that Jio is giving everything free to its consumers, which is ending the competition in the market. To what extent did the work hit the companies, they later ended the free services and started providing calls and data at very low charges, which forced other companies to reduce their rates and that’s why internet bundles in India. Meet at the world’s cheapest rates In 2024, Mukesh Ambani also announced the creation of India’s largest media company,

Conclusion

Mukesh Ambani’s journey to becoming one of the richest individuals in the world is a testament to his strategic vision, relentless drive, and ability to adapt to changing market dynamics. From taking over his father’s textile business to expanding into petrochemicals, telecommunications, retail, and renewable energy, Mukesh has transformed Reliance Industries into a global powerhouse. His emphasis on technological innovation, strategic partnerships, and diversification has not only grown his wealth but also significantly impacted India’s economy. As Reliance Industries continues to evolve, Mukesh Ambani’s influence will undoubtedly shape the future of business and industry, both in India and globally.