"Inspiring story of Dhirubhai Ambani "

in #mgsc6 years ago (edited)

Hi guys,
Today I am talking about India's top richest man Dhirubhai Ambani who's life was very difficult and struggling. images.jpeg
Dhirubhai Ambani born in 28 Dec 1932 in a small village in gujarat, He was the third of five siblings, three brothers and two sisters. Ever since childhood, Dhirubhai was more keen on work than studies and repeatedly bunked classes and roamed in streets, watching people work and making money. He’d once said his mother to stop lamenting about the hardships and that he would make “heaps of money one day.” His entrepreneurial career began in his early school years by selling “bhajias” to pilgrims in Mount Girnar over the weekends.
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Dhirubai moved toYemen at the age of 16, He joined the largest transcontinental trading firm named A.Besse & Co

After working in Dubai for sometime he later returned to India where he founded the Reliance Commercial Corporation with a meager capital of Rs. 15000. He set up the business in partnership with Champaklal Damani from whom he split in 1965.

Dhirubhai started his first textile mill at Naroda, near Ahmedabad and launched the brand "Vimal". He later diversified into petrochemicals and sectors like Telecommunications, Information Technology, Energy, Power, Retail, Textiles, Capital Markets and Logistics.

He rose from humble beginnings to create India's largest industrial empire, and in the process, became one of the world's richest men. He rewrote India's corporate history for which he was featured among the select Forbes billionaires list. He also figured in the Sunday Times list of top 50 businessmen in Asia.

Credited for starting the equity cult in India, Dhirubhai was praised for his key role in shaping India's stock market culture by attracting hordes of retail investors to a market monopolized by state-run financial institutions.

He never followed the traditional way and was often targeted for his business strategies due to which he courted controversy all throughout his life. The 'Dhirubhai school of management' firmly believed that the only thing which mattered were the end results and the benefits which infiltrated directly to the shareholders.

Dhirubhai Ambani crossed the all hardals of his life are you guys ready to cross all hardals of your life ?

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