Anil Ambani
Age: 49 years
Remuneration for 2008: Rs 48.01 crore (Rs million) (includes Rs 34.65-crore (Rs million) proposed commission for FY08 by Reliance Comm)
Worth: $42 billion
Designation: Chairman
Group: Reliance - Anil Dhirubhai Ambani Group
Other companies: Reliance Natural Resources Ltd, Reliance Capital Ltd, Reliance Energy Ltd, Reliance Communications Ltd, Reliance Infrastructure, Reliance Entertainment, Reliance Power, Reliance Health, Mudra Communications, Reliance BPO Private Ltd, Dhirubhai Ambani Institute of Information and Communications Technology
Background: Anil Ambani, the flamboyant younger son of the late Dhirubhai Ambani (who founded one of India's largest businesses, Reliance Industries) is an MBA from the Wharton School of Business, University of Pennsylvania. He earlier completed his BSc from the University of Mumbai.
After Dhirubhai's death, the two brothers found they could not work together. To solve the problem, the Reliance companies were divided into two groups – one went to elder brother Mukesh, while the other went to younger brother Anil who formed Reliance ADAG.
Under his chairmanship, the constituent companies of Reliance ADAG have raised nearly $3 billion from global financial markets in a period of less than 15 months.
Reliance ADAG has a market capitalisation of Rs 325,000 crore ($81 billion), net assets in excess of Rs 115,000 crore ($29 billion), and net worth to the tune of Rs 55,000 crore ($14 billion).
Image: Anil Ambani. | Photograph: Pal Pillai/AFP/Getty Images
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