Dhirubhai Ambani

Date of Birth: December 28, 1932

Zodiac Sign: Capricorn

Date of Death: July 6, 2002

Biography

Dhirajlal Hirachand Ambani, popularly known as Dhirubhai Ambani, was a pioneering Indian industrialist who founded Reliance Industries, one of the largest conglomerates in India. Born in a modest family in Chorwad, Gujarat, Dhirubhai exhibited entrepreneurial skills from a young age. He began his career as a small trader, eventually moving to Yemen to work as a clerk. His return to India marked the beginning of an extraordinary journey in the business world. In 1957, he founded Reliance Commercial Corporation, which later evolved into Reliance Industries Limited. Under his leadership, Reliance became a global entity with interests in petrochemicals, refining, oil, telecommunications, and retail. Dhirubhai’s visionary approach, risk-taking ability, and innovative mindset transformed the Indian business landscape, earning him numerous accolades and a lasting legacy.

5 Interesting Facts about Dhirubhai Ambani

1. Dhirubhai Ambani started his first business by selling “Bhajias” to pilgrims in Mount Girnar during weekends.

2. He was awarded the prestigious Padma Vibhushan, India’s second-highest civilian award, posthumously in 2016.

3. Reliance Industries became the first Indian company to enter the Fortune 500 list.

4. Dhirubhai Ambani was known for his innovative financing strategies, including raising capital through equity offerings.

5. He is credited with bringing the equity cult to India, making stock market investments accessible to the common man.

5 Most Interesting Quotes from Dhirubhai Ambani

1. “If you don’t build your dream, someone else will hire you to help them build theirs.”

2. “Think big, think fast, think ahead. Ideas are no one’s monopoly.”

3. “Pursue your goals even in the face of difficulties, and convert adversities into opportunities.”

4. “You do not require an invitation to make profits.”

5. “Our dreams have to be bigger. Our ambitions higher. Our commitment deeper. And our efforts greater. This is my dream for Reliance and for India.”

Highest Net Worth Achieved

At the time of his death in 2002, Dhirubhai Ambani had a net worth of approximately $2.9 billion.

Children

Dhirubhai Ambani had four children: 1. Mukesh Ambani – The eldest son, he is the Chairman and Managing Director of Reliance Industries Limited. 2. Anil Ambani – The younger son, he is the Chairman of Reliance Group (also known as Reliance ADA Group). 3. Nina Kothari – His daughter, she manages the Kothari Sugars and Chemicals Limited. 4. Dipti Salgaocar – His daughter, she is married to Dattaraj Salgaocar, an industrialist from Goa.