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Mukesh Ambani is an Indian billionaire businessman and the chairman, managing director and largest shareholder of Reliance Industries Limited (RIL), a Fortune Global 500 company and India’s most valuable company by market value As of October 2018, Ambani is the eighth richest person in the world, with a net worth of $509 billion. His success has made him a symbol of India’s new business achievements, but he is also admired for his philanthropy and the commitment to India’s development. Born in Aden, Yemen to a Gujarati family, Mukesh Ambani enrolled in the Indian Institute of Management Ahmedabad after completing his Master's degree in Chemical Engineering from the University of Mumbai. After a brief stint at the family business, Reliance Industries Limited, he officially joined Reliance in 1981. He played a major role in the company’s rapid expansion, and spearheaded the establishment of the world’s largest oil refining complex in Jamnagar, India. By the mid-1990s, Reliance had become the largest Indian company and Ambani had been personally named one of India's 'Business Icons of the Century' by Fortune magazine. The following five examples demonstrate Mukesh Ambani’s extraordinary business acumen and success: 1. Telecommunications Expansion: After recognizing that the Indian telecommunications market was growing exponentially, Ambani made the decision to enter into the industry in 2002. Reliance Infocomm, a subsidiary of RIL, became one of India’s leading telecommunication companies. His success in this industry earned him the title of “telecom czar” by the media. 2. Reliance Petroleum: In 1999, Ambani founded Reliance Petroleum and opened the world’s largest oil-refining plant in Jamnagar, a historic event that made India the world's fourth-largest oil refining company. 3. Innovation and Technology: Ambani has always been an advocate of technological innovation and has made significant strides in that direction. Reliance Industries Limited was the first Indian company to introduce Jio, a 4G LTE mobile network. 4. Philanthropy: In addition to his business success, Ambani has committed to giving back to society. Through Reliance Foundation, he has invested heavily in healthcare and education. He has also committed to helping the poor and underprivileged. 5. Expansion: Mukesh Ambani has been instrumental in the expansion of the Reliance empire, which now encompasses a wide range of sectors including Oil & Gas, Petrochemicals, Textiles, Retail, Telecommunications, Media, and Entertainment. He continues to develop the business and expand its operations into various other sectors. Mukesh Ambani is a living legend in the world of business, and is a role model for entrepreneurs worldwide. Through his example, he has demonstrated that hard work, dedication, and innovation can lead to success. He has made an indelible mark on the Indian business and entrepreneurial environment, and is sure to continue to shape the future of India and the world.