Indian businessman Mukesh Ambani owns an estimated net worth of $86 billion. Mukesh Ambani's wealth is due to his work with Reliance Industries. This Fortune 500 company is where he serves as the chairman of the board, managing director and the most significant shareholder. He is the older brother of a younger sister, and father of two children. The family moved back to India in the year 1958, where his father founded an trading company for textiles and spices in Mumbai. In the year 1980, the Indian government began production of polyester filament yarn (PFY). The father of Ambani was the first to apply for an PFY manufacturing plant. He beat over 40 other applicants for the permit. Ambani was the oldest child of the family. His father, who valued the practical knowledge over formal education and pushed him out of Stanford's MBA program to assist in the construction of the facility for PFY. Following the death of Rasikbhai Meswani the director of the executive office, and his stroke in 1986, his father Ambani and Anil assumed responsibility for the business.
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