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RELIANCE: Owner & Founder

Dhirajlal Hirachand Ambani was an Indian business tycoon who founded Reliance Industries in Bombay with his cousin. He appeared in The Sunday Times top 50 businessmen in Asia. Ambani took Reliance Industries public in 1977 and by 2002, the combined fortune of the family was $6 billion. Ambani died on 6 July 2002. In 2016, He was honored posthumously with the Padma Vibhushan, India's second highest civilian honor for his contributions in trade and industry.

Reliance Industries Limited (RIL) is an Indian conglomerate holding company headquartered in Mumbai, Maharashtra, India. Reliance owns businesses across India engaged in energy, petrochemicals, textiles, natural resources, retail, and telecommunications. Reliance is the most profitable company in India, the largest publicly traded company in India by market capitalization, and the second largest company in India as measured by revenue after the government-controlled Indian Oil Corporation. The company is ranked 203th on the Fortune Global 500 list of the world's biggest corporations as of 2017. It is ranked 8th among the Top 250 Global Energy Companies by Platts as of 2016. Reliance continues to be India’s largest exporter accounting for 8% of India’s total merchandise exports with a value of Rs 147,755 crore and access to markets in 108 countries. Reliance is responsible for almost 5% of The Government of India’s total revenues from customs and excise duty and is also the highest Income tax payer in the private sector in India.

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