As he grew up, he became even more vigorous,
Possessed immense gusto and enormous energy.
Always determined to do what he wanted
to do, in exactly the way he wanted it
done, come hell or high water, as the
After he completed his primary education, at
the village school, he was sent to the
Junagarh Dist. for further studies
Quite popular in his school
and well- known for his brilliance
Elected general secretary of the Junagarh
After his annual matriculation examination, on the
request of his father he had to move to Aden,Yemen to
support his family.
Aged 16 yrs.
Started worked with A. Besse & Co. as a dispatch clerk
for a salary of Rs.300, immediately on reaching Aden.
A. Besse & Co.-- largest transcontinental trading firm
east of Suez, engaged in almost every branch of
trading business-cargo booking, handling, shipping,
forwarding, and wholesale merchandising.
Dhirubhai -first sent to the commodities trading
section & later, transferred to the section that handled
petroleum products for the oil giant Shell.
quick on the uptake; learnt the ways of commodity
Majin Commercial Corporation
Ten years later, Dhirubhai Ambani returned to India and started
"Majin" in partnership with Champaklal Damani, his second
cousin, who used to be with him in Aden, Yemen.
The first office of the Reliance Commercial Corporation
was set up at the Narsinatha Street in Masjid Bunder. It was
350 sq ft (33 m2). room with a telephone, one table and three
chairs. Initially, they had two assistants to help them with their
During this period, Dhirubhai and his family used to stay in a
one bedroom apartment. In 1965, Champaklal Damani and
Dhirubhai Ambani ended their partnership .
Dhirubhai started on his own. It is believed that both
had different take on how to conduct business. Ambani's net
worth was estimated at about Rs.10 lakh by late 1970s.
Sensing a good opportunity in the textile business,
Dhirubhai and Aryan Mehra started the first textile mill
at Naroda, in Ahmedabad in the year 1966.
Dhirubhai started the brand "Vimal"Extensive
marketing of the brand "Vimal" in the interiors of India
made it a household name. Franchise retail outlets were
started and they used to sell "only Vimal" brand of
Dhirubhai Ambani is awarded with starting the equity
cult in India. More than 58,000 investors from various
parts of India subscribed to Reliance's IPO in 1977.
•9 Great management lessons
from Dhirubhai Ambani
1: Roll up your sleeves and help.
2: Be a safety net for your team.
3:The silent benefactor.
4: Dream big, but dream with your
5: Leave the professional alone!
6: Change your orbit, constantly!
8.The Dhirubhai theory of Supply
9. Money is not a product by itself,
it is a by-product, so don't chase it
Entrepreneurship’s true sense lies in the fact that he always looks upon opportunity.
“He gave courage which we never new we had”
Turnover was Rs
up to RS 75,000
Turnover is Rs
In 1998, a book published by Hamish McDonald titled "The Polyester
Prince" is also an unauthorised biography of Dhirubhai Ambani,
outlining all his political and business conquests.
AWARDS AND RECOGNITIONS
Dhirubhai has been one among the select Forbes
Reliance is in the Fortune 500
The Economic Times - Lifetime Achievement Award
TNS-Mode Survey - India's Most Admired CEO
Asia Week - Dhirubhai among Asia's 50 most powerful
The Times of India - Dhirubhai Ambani voted "Creator
of Wealth" of the Century
Business India - Dhirubhai Ambani, Businessman of
the Year 1993
Conferred 'The Economic Times Award for Corporate Excellence for Lifetime
Achievement', August 2001.
Voted as 'Indian Businessman of the Century' in Business Barons Global
Multimedia Poll, December 1999.
Amongst 'The Power 50 - India's 50 most powerful decision-makers in
Politics, Business & Finance', Business Barons, August 1999.
Declared 'Most Admired Indian Business Leader' by The Times of
India, Indiatimes.com poll, July 1999.
The only Indian industrialist in 'Business Hall of Fame'
in Asiaweek, October 1998.