Dhirubhai Ambani was an Indian business magnate who founded Reliance Industries. He was born in 1932 in Gujarat and showed early entrepreneurial spirit as a teenager working in Yemen. In the 1960s he started a textiles business in India and later diversified into petrochemicals and telecommunications. Under his leadership, Reliance Industries grew into a multi-billion dollar conglomerate. Ambani passed away in 2002 at the age of 70 while still serving as chairman of Reliance. He is credited with starting the equity culture in India and inspiring thousands of small investors.

1. Dhirubhai AmbaniPresented By :Isha SharmaDeeptiBhardwajRachitaKanoungoVivekKatoch

2. BIRTH D.O.B.-28.12.1932

3. He born at Chorwad, of Gujurat

4. Father - HirachandGovardhandasAmbani-a school teacher

5. Mother- Jamanaben

6. Two brothers and two sisters.CHILDHOODExtremely demandingchild.

7. As he grew up, he became even more vigorous, and irrepressible.

8. Possessed immense gusto and enormous energy.

9. Always determined to do what he wanted to do, in exactly the way he wanted it done, come hell or high water, as the phrase goes.EducationAfter 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 and hard-work. Elected general secretary of the Junagarh Students Union.

10. Socialist daysDhirubhai campaigned for the Socialists.

11. His elder brother and father were strongly opposed to this decision, especially as he had failed in his matriculation examination in the previous year.

12. The candidates for whom he had campaigned won.

13. Dhirubhai was pleased and was invited to join the Socialist Party but he had other things in mind.

14. "Though I found the life of politics immensely attractive, I felt deep in my heart that I belonged to somewhere else…business, perhaps, though things were not yet so clear to me," he said in his later years.Life in AdenAfter 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 trading.

15. During 1950sIn the 1950s, the Yemini administration realized that their main unit of currency, the Rial, was disappearing fast. It was found that a young man in his twenties was placing unlimited buy orders for Yemini Rials.Rials, pure silver coins and was in much demand at the London Bullion Exchange. Young Dhirubhai bought the Rials, melted them into pure silver and sold it to the bullion traders in London. Entrepreneurship’s true sense lies in the fact that he always looks upon opportunity.

16. Roamed the bazaars of Aden where traders from different backgrounds, bought and sold goods worth millions of pound sterling during the lunch break an after office hours.Temptation towards speculation- started trading in small things- Learnt the basics.Read newspapers, magazines, book, etc. – relating to business, history, and psychology.1954-Ambani’s marriage and 1st oil refinery and harbor came up in Aden. Promotion to Ambani.

17. 1954- Marriage with Kokilaben

18. EARLY YEARS IN BOMBAY Enters into partnership with cousin ChampaklalDamani in 1962 for yarn and spices business with a capital of Rs.15,000.Ends partnership in 1965 due to conflicts of decisions.Starts sole proprietorship concern.Asia Times quotes: "His people skills were legendary. “A former secretary reveals: "He was very helpful. He followed an 'open-door' policy. Employees could walk into his cabin and discuss their problems with him."

19. First Step Backward decided to start a textile unit of his own

20. decided to buy a old mill and renovate it

21. But just when the deal was to be initiated, one of the partners back stepped from the agreement

22. From then on he decided to build on his own using the best technology irrespective of the cost

23. First factory was built in Naroda, Gujarat which was still a developing area.Motivator and Person of his WordsMost of his team members were uneducated except for an engineer and 2 matriculates

24. He was an all-in-one package and fixed the troublesome nitty-gritty's.

25. Nylon was decided to be manufactured.

26. Devaluation by the government steeply raised the project cost.

27. Problem of locating trained and experienced textile mill workers

28. In spite of all difficulties, production started on the morning of the target date of 1 September 1966 DhirubhaiAmbani is credited with starting equity investing in India. More than 58,000 investors from various parts of India subscribed to Reliance's IPO in 1977. Dhirubhaiwas able to convince people of rural Gujarat that being shareholders of his company will only bring returns to their investment.Reliance Industries holds the distinction that it is the only Pvt. Co. whose several annual general meetings were held in stadiums.

29. DiversificationIn 1982 Ambani began the process of backward integration, setting up a plant to manufacture polyester filament yarn. He subsequently diversified into chemicals, petrochemicals, plastics, power. The company as a whole was described by the BBC as "a business empire with an estimated annual turnover of $12bn, and an 85,000-strong workforce". The final phase of Reliance’s diversification occurred in the 1990s when the company turned aggressively towards petrochemicals and telecommunications.

30. DEATHAdmitted to the Breach Candy Hospital in Mumbai on June 24, 2002 after he suffered a second major "brain stroke”.