The Momentous Passing Of Industrial Titan Dhirubhai Ambani: When Destiny Called (2024)

When did Dhirubhai Ambani, the legendary Indian business tycoon, pass away? Dhirubhai Ambani died on July 6, 2002, at the age of 69.

Dhirubhai Ambani was the founder and chairman of Reliance Industries, India's largest private sector company. He was a visionary entrepreneur who revolutionized the Indian business landscape. Ambani's death was a major loss to the Indian business community and the country as a whole.

Ambani was born on December 28, 1932, in Chorwad, Gujarat. He started his career as a yarn trader in Mumbai. In 1966, he founded Reliance Industries, which initially focused on textiles. Under Ambani's leadership, Reliance Industries grew into a diversified conglomerate with interests in petrochemicals, refining, telecommunications, and retail.

Ambani was a pioneer in many ways. He was the first Indian entrepreneur to raise capital from international markets. He was also the first to introduce modern management techniques and technologies in India. Ambani's business acumen and risk-taking ability made him one of the most successful entrepreneurs in the world.

Ambani was a philanthropist who supported various social and educational causes. He established the Dhirubhai Ambani Institute of Information and Communication Technology (DA-IICT) in Gandhinagar, Gujarat. He also supported the Indian Institute of Technology, Bombay (IIT-B) and the Indian School of Business (ISB).

Dhirubhai Ambani's Legacy

Dhirubhai Ambani's legacy is immense. He is considered one of the greatest entrepreneurs in Indian history. His vision and leadership transformed the Indian business landscape and made Reliance Industries a global giant. Ambani's death was a major loss to the Indian business community and the country as a whole. However, his legacy continues to inspire young entrepreneurs and business leaders in India and around the world.

Key Aspects of Dhirubhai Ambani's Legacy

  • He was a visionary entrepreneur who revolutionized the Indian business landscape.
  • He was a pioneer in many ways, including raising capital from international markets and introducing modern management techniques and technologies in India.
  • He was a philanthropist who supported various social and educational causes.

Personal Details and Bio Data of Dhirubhai Ambani

Birth Name Dhirubhai Hirachand Ambani
Date of Birth December 28, 1932
Place of Birth Chorwad, Gujarat, India
Date of Death July 6, 2002
Place of Death Mumbai, Maharashtra, India
Spouse Kokilaben Ambani
Children Mukesh Ambani, Anil Ambani, Dipti Salgaocar, Nina Kothari
Occupation Businessman, Entrepreneur
Company Reliance Industries
Net Worth at Death $2.9 billion

FAQs about "when did Dhirubhai Ambani die?"

This section provides answers to some of the most frequently asked questions about the death of Dhirubhai Ambani, the legendary Indian business tycoon.

Question 1: When exactly did Dhirubhai Ambani die?

Answer: Dhirubhai Ambani died on July 6, 2002, at the age of 69.

Question 2: What was the cause of Dhirubhai Ambani's death?

Answer: Dhirubhai Ambani died of a massive stroke at the Breach Candy Hospital in Mumbai.

Question 3: Where was Dhirubhai Ambani cremated?

Answer: Dhirubhai Ambani was cremated at the Chandanwadi crematorium in Mumbai.

Question 4: Who inherited Dhirubhai Ambani's business empire?

Answer: Dhirubhai Ambani's business empire was inherited by his two sons, Mukesh Ambani and Anil Ambani.

Question 5: What is Dhirubhai Ambani's legacy?

Answer: Dhirubhai Ambani is considered one of the greatest entrepreneurs in Indian history. He was a visionary leader who transformed the Indian business landscape and made Reliance Industries a global giant. His legacy continues to inspire young entrepreneurs and business leaders in India and around the world.

Summary: Dhirubhai Ambani's death was a major loss to the Indian business community and the country as a whole. However, his legacy continues to live on through his business empire and the many people he inspired.

Conclusion

Dhirubhai Ambani's death was a major loss to the Indian business community and the country as a whole. However, his legacy continues to live on through his business empire and the many people he inspired.

Ambani was a visionary entrepreneur who revolutionized the Indian business landscape. He was a pioneer in many ways, including raising capital from international markets and introducing modern management techniques and technologies in India. He was also a philanthropist who supported various social and educational causes.

Ambani's legacy is one of entrepreneurship, innovation, and social responsibility. He is an inspiration to young entrepreneurs and business leaders in India and around the world.

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FAQs

What is the controversial book about Ambani? ›

The Polyester Prince” is a fascinating biography of Indian textile tycoon Dhirubhai Ambani written by 'Hamish McDonald'. The book illustrates Ambani's journey from a school teacher's son in Gujarat to a business tycoon. It documents Ambani's influence on politics and some of the allegations made against him.

What was the struggle of Dhirubhai Ambani? ›

One of the most significant challenges Ambani faced in his entrepreneurial journey was the scarcity of capital. With ambitious dreams of building a business conglomerate, he encountered reluctance from traditional financial institutions to extend credit due to his lack of collateral and proven track record.

What is the orbit theory of Dhirubhai Ambani? ›

G Krisnamurti explains the orbit theory of Dhirubhai “He (Dhirubhai) would often explain that we are all born into an orbit. It is up to us to progress to the next. We could choose to live and die in the orbit that we are born in.

What is the slogan of Dhirubhai Ambani? ›

Top 10 Quotes by Dhirubhai Ambani

"Think big, think fast, think ahead. Ideas are no one's monopoly." "If you work with determination and with perfection, success will follow.” "Meeting the deadlines is not good enough, beating the deadlines is my expectation."

What is the true story of Dhirubhai Ambani book? ›

The Polyester Prince chronicles Dhirubhai Ambani's life from childhood to founder of RIL following India's independence in 1947, and highlights how India's post-independence industry development was achieved by both fair and foul means.

Which God does Ambani believe? ›

The Ambanis are great devotees of Shri Nath ji, who is believed to be an avatar of Shri Krishna.

What did Nita Ambani do before marriage? ›

Personal life. She met Mukesh Ambani when she was a school teacher and married him in 1985. After marriage, she worked as a teacher for a few years. Nita lives in the skyscraper private building, Antilia, which is also the second-most luxurious and expensive house in the world.

What was the net worth of Dhirubhai Ambani when he died? ›

Dhirubhai Ambani passed away on July 6th 2002 of a sudden heart attack at the age of 69. At the time of his passing he was the 138th richest man in the world with a net worth of $2.9 billion. Mukesh, the older brother assumed role of chairman and Anil took the office of Vice President.

What was the main aim of Dhirubhai Ambani? ›

Dhirubhai Ambani had a customer-centric approach to business, and he believed that customer satisfaction was key to success. He had a deep understanding of the Indian consumer and was always focused on meeting their needs.

Who is Dhirubhai Ambani's sister? ›

Why are the ambanis so rich? ›

The empire that Ambani and his siblings took over from their father, Dhirubhai Ambani, has operations in energy, petrochemicals, retail, telecommunications and textiles, among other industries. Ambani has already begun passing the torch to his children.

Is Guru based on Dhirubhai Ambani? ›

A Bollywood movie Guru, directed by filmmaker Mani Ratnam, is said to be set on the life of Dhirubhai Ambani due to similarities between the plot and Ambani's life. However, Ratnam has denied that is a biography but has said it draws the "essence of the character" from real life.

What made Dhirubhai Ambani successful? ›

Dhirubhai Ambani's entrepreneurial journey was characterized by audacity, foresight, and a relentless pursuit of growth. He famously said, "If you don't build your dream, someone else will hire you to help them build theirs." This legacy of vision and ambition deeply influenced Mukesh Ambani from a young age.

What is the dream of Dhirubhai Ambani? ›

Dhirubhai Ambani Quote: I dream of India becoming a great economic superpower. Dhirubhai Ambani Quote: Challenge negative forces with hope, self-confidence and conviction. I believe that ambition and initiative will ultimately triumph.

What is the milestone of Dhirubhai Ambani? ›

In 2010 he was elected to serve as a member of the WEF Foundation Board. Ambani was ranked number one among Indian CEOs and number two globally in the Brand Guardianship Index by Brand Finance for two consecutive years, 2023 and 2024. He also topped India Today's “The High & Mighty 2023: 50 Power People” list.

What is the controversy of Reliance? ›

The company has attracted controversy for reports of political corruption, cronyism, fraud, financial manipulation, and exploitation of its customers, Indian citizens, and natural resources. The chairman of Reliance Industries, Mukesh Ambani, has been described as a plutocrat.

How accurate is the Guru movie? ›

It was a silly claim as everyone was aware of the fact that Guru was loosely based on the life of Dhirubhai Ambani. While Abhishek Bachchan's character, 'Gurukant Desai' was inspired by Dhirubhai Ambani, his on-screen wife, 'Sujata Desai', played by Aishwarya Rai was influenced by Kokilaben Ambani.

What religion is Mukesh in the reading list? ›

Mukesh immigrated to London from Kenya and is part of a Hindu community in Wembley, North West London, where the book is set.

What is the love story of Akash Ambani? ›

Akash and Shloka met at Mumbai's Dhirubhai Ambani International School when they were four years old. Their long-standing friendship blossomed into a deep relationship, culminating in a wedding that united two of India's most prominent families.

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