Dhirajlal Hirachand Dhirubhai Ambani better known as Dhirubhai Ambani, was born in a Modh family on December 28, 1932 at Chorwad in Gujarat where his father was a teacher in a school. Dhirubhai began his entrepreneurial career by selling "bhajias" to pilgrims in Mount Girnar over the weekends. In the 1950s, he worked in Yemen with a firm. Later he moved to Mumbai to start business in spices. In 1966, he founded the Reliance Industries which went on to become one of the biggest companies of the world.
Career of Dhirubhai Ambani:
At the age of 16, after his matriculation, Dhirubhai moved to Yemen and worked there as a gas-station attendant and clerk in an oil company. In 1958 he returned to India with Rs 50,000 and set up a textile trading company. Reliance Commercial Corporation’s first office was built at the Narsinatha Street in Masjid Bunder. He started the business in partnership with his cousin Champaklal Damani which he left in 1965 and began with his own venture.
He was later assisted by his two sons Mukesh and Anil Dhirubhai Ambani to make India's largest private sector company, the Reliance India Limited. Over the years his business has diversified into a core specialization in petrochemicals with additional interests in telecommunications, energy, information technology, power, textiles, infrastructure services, retail, logistics and capital markets. Reliance became the first Indian company to raise money in global markets. Its high credit-taking in international markets was limited only by India's sovereign rating in the year 1992. Following the death of Dhirubhai Ambani, the group was split into Reliance Industries Limited and Reliance Anil Dhirubhai Ambani Group.
Awards and Recognition:
Dhirubhai Ambani received many awards for his contribution to Indian business. Dhirubhai Ambani has the rare distinction of being the first Indian to get Wharton School Dean's Medal in June 1998. He was conferred the Man Of The Century award by Chemtech Foundation and Chemical Engineering World in recognition of his outstanding contribution to the growth and development of the chemical industry in India in November 2000.
He was awarded the Economic Times Awards for Corporate Excellence for Lifetime Achievement in August 2001. FICCI named him the "Man of 20th Century. He was awarded the ABLF Global Asian Award posthumously at the Asian Business Leadership Forum Awards In October 2011. In 2000, 1998 and 1996 he was featured among Power 50-the most powerful people in Asia by Asiaweek magazine.
Dhirubhai Ambani breathed his last in the Breach Candy Hospital on 24 June 2002 due to a stroke. Post death the company was split in two among the two brothers Mukesh and Anil. The movie "Guru" was implicitly based on the life of Dhirubhai Ambani. The book - The Polyester Prince and its updated version 'Ambani and Sons', was based on Dhirubhai's conquests.
Words and Wishes:
Many condolences poured in at the sad demise of the greatest entrepreneur of the millennium. Some of them are:
Atal Bihari Vajpayee
"The country has lost iconic proof of what an ordinary Indian fired by the spirit of enterprise and driven by determination can achieve in his own lifetime."
Mr. Chhagan Bhujbal
"We have lost a very big visionary and its a great loss to India. Dhirubhai had given direction to many upcoming industrialists by making an empire out of a mere zero"
Mr. Krishan Kant
"Dhirubhaiji's contribution to modern India will be long remembered."
"He had a far-sighted vision and thought global in size. If you have a thousand Dhirubhais in India, we will become an economic power."
Spouse: Kokilaben Ambani
Children: Mukesh Ambani, Anil Ambani, Deepti Salgaonkar, Nina Kothari
Daughters-in-Law: Nita Ambani, Tina Ambani
Son in Law: Raj Salgaonkar (often spelled Raj Salgaocar)
Grandchildren: Isha Ambani, Akash Ambani, Anant Ambani, Jai Anshul Ambani, Jai Anmol Ambani, Nayantara, Arjun, Vikram, Ishita
(FAN OF Mr. DHIRAJLAL HIRACHAND DHIRUBHAI AMBANI)
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