Dhirubhai Ambani Wiki & Photos

Dhirajlal Hirachand Ambani also known as Dhirubhai. He was born December 28, 1932 and died 6 In July 2002. He was an Indian business magnate and entrepreneur who founded Reliance Industries, a petrochemicals, communications, power and textiles conglomerate and one of three privately-owned Indian companies on the Fortune 500 Ambani took the company public in 1977. Dhirubhai has been one among the select Forbes billionaires and has also figured in the Sunday Times list of top 50 businessmen in Asia. His life has often been described as a true "rags to riches" story.

Dhirubhai started as a small time worker with Arab merchants in 1950 and moved to Mumbai in 1958 to start his own business in spices. After a modest profit, he moved into textiles and opened his mill near Ahmedabad. Dhirubhai founded Reliance Industries in 1958 and today the company, with over 85,000 employees provides almost 5% of total state tax revenues. Ambani was credited with introducing the stock market for the average investor, and thousands of investors participated in the Reliance annual general meetings, which were sometimes held at a football stadium, with millions more watching on television.

In 1986 after a heart attack, surrendered his Reliance Group to his sons Mukesh and Anil. After his death, the group was split in Reliance Industries, Mukesh Ambani led Anil Dhirubhai and of Reliance Ambani Group (Reliance adage), led by Anil Ambani Ambani.