Mukesh Ambani develops his wealth through petroleum, oil, gas and refining as well as telecommunication, textiles and retail, as well as advancing Special Economic Zone. He is the chairman and the chief executive officer of the company titled Reliance Industries Limited, which is one of the largest companies in India.
Mukesh Ambani has been placed 18 in the richest people in the world by Bloomberg Billionaires Index, with $23.5 billion to his name. Ambani has not been surpassed as the richest man in India for 5 years in a row. He has also been given the Forbes title of the richest sports owner in the world, as Reliance Industries Limited owns the Mumbai Indians cricket club.
Mukesh Ambani's spending has also lead to the building of the world's first billion-dollar home. The structure, situated in Mumbai, has 27 stories with spectacular views beyond the city skyline to the Arabian Sea. The building has been named after the mythical island of Antilia and is filled with extravagances such as a cinema, gym, pool, dance studio, four helicopter pads, 160 car spaces, a Picasso painting, to name a few. MukeshAmbani resides in this property with his wife and three children.
The luxurious residence of Mukesh Ambani defies the requests of Prime Minister Manmohan Singh's plea for business leaders to set an example of moderation, although Ambani does appear to see the importance of giving to charity. As statements have shown in an interview at the NDTV Profit Business awards in 2010, MukeshAmbani has the view that company shares are not to be sold so that the business will continue for generations, however on an individual level giving is of great importance.
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