Chairman of Reliance Industries Limited, Mukesh Ambani doesn't own the maximum stakes in his company. Here's what we know!
Indian billionaire, Mukesh Ambani is the chairman of Reliance Industries. He is Asia’s richest man and has an estimated net worth of USD 91.7 billion, according to Forbes. The businessman has given his heart and soul to his company, taking it to new heights every day. After his wife, Nita Ambani decided to step down from the Board in 2023, Mukesh appointed his children to the board of Reliance Industries.
Mukesh Ambani is the richest person in India and is ranked among the top 10 in the world. As of June 30, 2019, Mukesh and his private firms had a 47.29% stake in RIL, but it increased to 48.87% in September 2019. If a report in Business Times is to be believed, Mukesh and his wife, Nita, own 0.12% of shares each in RIL. Their three children, Akash, Isha and Anant, are also involved in their family business and hold a 0.12% stake each.
Don’t Miss: Dolly Sohi Passes Away Due To Cervical Cancer At The Age Of 47, Hours After Sister, Amardeep's Death
Akash Ambani and Isha Ambani are directors of Reliance Jio Infocomm, while Anant Ambani is the director of Reliance Retail Ventures. However, not many know that the Ambani family member who has the most shares in RIL is Mukesh Ambani's mother, Kokilaben Ambani. The matriarch of the Ambani family owns a 0.24% stake in RIL or 1.57 crore shares, which makes her the largest individual shareholder in the company.
The first lady of the Ambani clan, Kokilaben Ambani, has set the perfect example for her kids and grandkids by becoming the glue of the family. Late Dhirubhai Ambani's wife, Kokilaben Ambani, is a superwoman who has been perfectly balancing her professional commitments while enjoying her life to the fullest, even in her late 80s. There is no denying that she is the guiding light for her kids, Mukesh Ambani, Anil Ambani, Nina Kothari and Dipti Salgaocar.
Don’t Miss: Salman Khan Gives A Death Stare To A Fan Who Tries To Take A Selfie Video With Him, Netizens React
Dhirubhai Ambani and Kokilaben's love story is every bit inspirational. The duo walked together, faced all the highs and lows of life and built an empire of their own. The simple lady from Jamnagar, Kokilaben Ambani, has not only stood by the dreams of her late husband, Dhirubhai Ambani but, as the matriarch, made a settlement between her sons, Mukesh Ambani and Anil Ambani after the demise of Dhirubhai Ambani.
What are your thoughts on the shareholder policy of Reliance Industries Limited? Let us know.
Don’t Miss: Aishwarya Rai Bachchan Exudes Boss Lady Vibes In A Red Hot Pantsuit, Impresses Fans With Latest Look