Dhirubai Ambani is one of the well-known names of the Indian economy and he is known by everyone. The journey of Dhirubai Ambani is remarkable and a must-read for everyone.
Dhirubai Ambani Biography
He was born on 28th December 1932 in Chorwad in Junagadh state under British rule, present-day known as Gujarat. His father was a school teacher and his family lived a modest life during those times. He had 2 brothers and one sister. He completed his primary education at Bahadur Khanji school and later on went to Yemen to work alongside his brother as a clerk.
From his childhood days, he showed exemplary leadership skills and a hunger to learn new things. He worked hard during his early professional life and upskilled himself whenever he got the chance to do so. At the age of 23, he got married to Kokilaben in the year of 1955. In the year of 1957, Kokilaben gave birth to Mukesh Ambani and in the following years Anil Ambani, Nina Ambani, and Dipti Ambani were born.
How did Dhirubhai Ambani start his business?
In the first few years of his marriage, he started a business with his relatives for exporting spices to eastern and Asian countries. He named his business “Reliance Commercial Corporation”. Dhirubai put his heart and soul into the business and built it from scratch.
After the year of 1965, he started working in the industry of Textiles and soon renamed his company “Reliance Industries”. Very soon, he made a name for himself in the Indian economy and textile industry. In 1977, he started facing some financial issues and due to the refusal of the investors, he made the company public, thus getting finance in the form of shares. Since then, his investors made a huge profit from the stock exchange which even shook the international investors and stock market officials at that time. He was known as a business tycoon since the value of his shares and dividends only grew over time. In 2012, Reliance Industries was listed in the Fortune 500 companies for the first time.
What is the first business of Dhirubai Ambani?
His first business was the export of spices to Eastern and Asian countries of the world.
Was Dhirubai Ambani born rich?
No, Dhirubai Ambani was born into a middle-class family. He started his business from scratch and worked hard going up the ladder.
Old Age of Dhirubai Ambani
He suffered from a stroke in the year of 1986 and shortly after, he handed his business to his sons Mukesh Ambani and Anil Ambani.
Dhirubai Ambani Death News
In the year of 1986, Dhirubai Ambani suffered from a stroke and soon after some time, he transferred his business to his sons Mukesh and Anil. Dhirubai Ambani died on 6th July 2002 after he suffered from a major stroke which resulted in paralysis.
The young generation now should take some inspiration from these business tycoons and how much hard work they put into their businesses to flourish them.