Mukesh Ambani is an Indian business magnate who is the Chairman, Managing Director and largest shareholder of Reliance Industries Limited, a Fortune Global 500 company and India's second most valuable company by market value. He holds a 44.7% stake in the company. He is the elder son of the late Dhirubhai Ambani and the brother of Anil Ambani.
In 2013, he ranked "37 in the list of "The World's Most Powerful People List - Forbes and in "2010, he was included in Forbes's list of "68 people who matter most". As of 2013, he is India's richest man and second richest man in Asia. Ambani is listed as the 19th richest person in the world with a personal wealth of $19.6 billion. He has retained his position as the India's richest person for the sixth year in a row. Through Reliance, he also owns the Indian Premier League franchise Mumbai Indians. In 2012, Forbes named him as one of the richest sports owners in the world.
Reliance Industries Limited (RIL) is an Indian conglomerate holding company headquartered in Mumbai, Maharashtra, India. The company operates in five major segments: exploration and production, refining and marketing, petrochemicals, retail and telecommunications.
RIL is the second-largest publicly traded company in India by market capitalisation and is the second largest company in India by revenue after the state-run Indian Oil Corporation. The company is ranked No. 107 on the Fortune Global 500 list of the world's biggest corporations, as of 2013. RIL contributes approximately 14% of India's total exports.