Mukesh Ambani, chairman and managing director of Reliance Industries, is expediting a momentous leadership transition. Photo: Reuters
Mukesh Ambani, chairman and managing director of Reliance Industries, is expediting a momentous leadership transition. Photo: Reuters

Asia’s richest man Mukesh Ambani rushes to handover US$217 billion empire

  • The retail-to-refining conglomerate is expediting a ‘momentous’ leadership transition to his children; one of the biggest transfers of wealth in recent times
  • Ambani, valued at almost US$91 billion, wants to avert a succession warfare that has torn apart many wealthy clans, including his own

Topic |   Mukesh Ambani and family
Mukesh Ambani, chairman and managing director of Reliance Industries, is expediting a momentous leadership transition. Photo: Reuters
Mukesh Ambani, chairman and managing director of Reliance Industries, is expediting a momentous leadership transition. Photo: Reuters
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