Mukesh Ambani, Chairman and Managing Director of Reliance Industries, has made history as the only Indian to feature on Fortune’s first-ever list of the 100 Most Powerful People in Business. Ranked 12th, this recognition celebrates his global influence as a visionary leader.
Under Ambani’s leadership, Reliance Industries has flourished across diverse sectors, from petrochemicals and retail to telecommunications and entertainment. With a net worth of $98 billion and a market capitalization of $203.52 billion USD as of November 2024, Reliance has significantly transformed the Indian business landscape. Notably, the launch of Jio revolutionized India’s telecom sector, enhancing internet accessibility nationwide.
The Fortune list honors leaders like Elon Musk, Jensen Huang, and Satya Nadella, emphasizing a wide array of achievements across industries. Ambani’s inclusion also highlights the increasing global recognition of Indian talent, alongside six other Indian-origin leaders, such as Sundar Pichai (Google) and Shantanu Narayen (Adobe).
Ambani’s strategic vision extends to succession planning, with his children spearheading key Reliance businesses. Akash leads Reliance Jio, Isha oversees the retail division, and Anant manages the energy sector, ensuring the company’s sustained growth.
Ambani’s journey exemplifies how innovative leadership can drive transformative changes in multiple industries, solidifying India’s presence on the global business stage. His inclusion in this prestigious list serves as an inspiration for entrepreneurs worldwide, showcasing the impact of Indian leadership and vision in shaping the future of business.
