Will Reliance’s succession be distributed among your children? Or will Mukesh Ambani drink ‘milk burnt’ after blowing buttermilk?
Who will be the successor of Reliance Industries? (File photo of Mukesh and Nita Ambani)
New Delhi:
Asia’s richest man and Indian billionaire businessman Mukesh Ambani He had a fight with his younger brother Anil Ambani for years over the inherited business. After the sudden demise of father Dhirubhai Ambani in 2002, Mukesh Ambani and Anil Ambani had not been able to play for a long time and due to lack of agreement between the decisions of the company, both of them separated after a few years. Actually, Dhirubhai Ambani had not prepared any will till his death, due to which Reliance had to go ahead and split it into two parts.
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Where, Mukesh Ambani became the richest person in Asia in the coming decade and started his conglomerate company. Reliance Industries While the chairman of Reliance Group Anil Ambani also managed to expand his company, it is another thing that he was also caught in many controversies and legal problems.
Now slowly the time is coming that Mukesh Ambani and Anil Ambani should also hand over their legacy to their children. Mukesh Ambani’s children Isha Ambani, Akash and Anant Ambani have also been kept on the forefront for the last few years. Since last year, Isha and Akash addressed the company in the company’s annual general meeting. It was indirectly made clear by the company that Isha and Akash can play an important role in the leadership of Reliance Jio.
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Since Mukesh Ambani is the richest person in Asia and his company Reliance is the company with the highest valuation, his success is being watched by many countries and companies. Mukesh Ambani has fought the battle of succession, so it is interesting that how will he use his authority now and what will be the plan on succession. It is known that Mukesh Ambani is preparing the blueprint for the next phase for his $208 billion empire.
A Bloomberg report It has been said that Mukesh Ambani wants to take lessons from the success of billionaire families around the world over the years and wants to take a decision that moves in a positive direction. In this report, quoting some people with knowledge of the matter, it has been said that Ambani is considering to keep his family’s holdings in a trust-like system and control of Reliance Industries will be kept from this trust.
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The report said that Mukesh Ambani’s wife Nita Ambani and their three children will have a stake in this trust-like institution and all four will remain on its board, but outside partners and professionals will have significant responsibility. He will see the daily operation of this biggest company of India.
If Mukesh Ambani does this, then such success of such a big company will be rare in our time. It has to be seen whether Mukesh Ambani sets an example in the future or not.
Video: Security beefed up around Mukesh Ambani’s house Antilia in City Center -Mumbai