Inside The Lavish Life Of Asia’s Richest Family, Who Own A Skyscraper And Party With Royals

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In spite of its very humble beginnings, though, Reliance Commercial Corporation actually expanded wildly. This seemingly caused Dhirubhai’s cousin to leave because, it’s said, he was less of a risk-taker than Dhirubhai. Nevertheless, the company would go on to incorporate energy, petrochemicals, natural resources and telecommunications into the business’ offerings.

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Then, in 1985, the company’s name changed to Reliance Industries Limited, and over time it grew to become one of India’s top money-making businesses. As of 2017, in fact, Fortune claimed that it was the 203rd-largest corporation by size in the world. Obviously, this made the Ambani family very wealthy too.

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At that time, Mukesh Ambani had already taken over Reliance Industries Limited following the 2002 death of Dhirubhai. He’d had the chops to handle such a role, of course. He had, for example, worked with his father since 1981 after earning a degree in chemical engineering. And as of 2016, he had been named the wealthiest man in India for ten years running.

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