Dhirubhai Hirachand Ambani (Gujarati: ધીરુભાઈ અંબાણી) also known as Dhirubhai, (28 December – 6 July ) was an Indian. Dhirubhai Ambani is not an unheard name to an Indian entrepreneur. As the founder of If you’re born poor it’s not your fault but if you die poor it’s your fault. Read Biography: Dhirubhai Ambani book reviews & author details and more at Accounts; ›; Biographies & Autobiographies; ›; Biography: Dhirubhai Ambani.

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In the case of non-settlement, the Bulls demanded an “Unbadla” a penalty sum of Rs. I read every bit of paper I could lay my hands on about what was happening around the world, I listened carefully to every word uttered in the market, picked every bit dhirubhxi gossip in the shipping circles atobiography pondered long through the night in the bed about the pros and cons of every deal I wanted to make.

Soon, those around him found that he had an uncanny knack for such speculative trading. He learnt the ways of commodity trading, high seas purchase and sales, autlbiography and distribution, currency trading, and money management. Franchise retail outlets were started and they used to sell “only Vimal” brand of textiles.

So he borrowed as much as he could from friends and small Aden shopkeepers on terms nobody had ever offered them.

Kumar Mangalam Birla Indian. The Sunday Times figured him as one of the top 50 businessmen in Asia.

13 inspiring quotes by Dhirubhai Ambani teaching you how to dream big

Ambani’s net worth was estimated at about Rs. Sensing an opportunity, a bear cartel which was a group of stock brokers from Autobiogralhy started to autobiobraphy sell the shares of Reliance.

Notify me of follow-up comments by email. He soon started trading spices, sugar, jaggery, betel nuts and such to Gulf Emirates. Reliance was the first Indian company to feature in Forbes list. It was there that he learnt accounting, book keeping and preparing shipping papers and documents.

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He shaped the ‘equity culture’ in India and generated billions of rupees in dhirughai for those who put their trust in his companies.

To complete the transaction, the much money was provided to the stock brokers who had bought shares of Reliance, by Dhirubhai Ambani. Majin was to import polyester yarn and export spices to Yemen. I need you to earn for the family.

Dhirubhai Ambani

Gurumurthy and another journalist, Mulgaokar consorted with President Giani Zail Singh and ghost-wrote a hostile letter to the Prime Minister on his behalf.

During lunch break and after office hours he was always in the local bazaar, trading in one thing or the other. If you don’t build your dream, someone else will hire you to help them build theirs.

And our efforts greater. Internet URLs are the best. He started his career as a clerk at A. Newsletter Subscriptions You have successfully subscribed to dhirubhao newsletters. It was his second stroke, the first had occurred in February and had paralyzed his right hand.

In after a heart attack he handed over Reliance Group to his sons Mukesh and Anil.

Dhirubhai Ambani Biography- About family, children, education, age at which he died and more

Originally published in the Britannica Book of the Year. Albert Einstein, German-born physicist who developed the special and general theories of relativity and….

Sensing an opportunity, The Bear Cartel, a group of stock brokers from Calcuttastarted to short sell the shares of Reliance. This incident acted as a catalyst between the two parties and the competition took an ugly turn. Before the letter of intent was converted into a licence, many hurdles came in the way. Dhirubhai was first sent to the commodities trading section of the firm. Founder of Reliance Industries.


Over the period of time, the Reliance industries diversified into other sector, such as, telecommunications, information technology, energy, power, retail, textiles, infrastructure services, capital markets, and logistics.

Shantaram Shivkumar Sharma Umayalpuram K. He was then promoted to the oil filling station at the newly built harbour. With this, the demand increased and the shares of Reliance shot above rupees in minutes.

I believe that ambition and initiative will ultimately triumph. Copyright YourStory Media Pvt. Damani was a cautious trader and did not believe in building yarn inventories, Dhirubhai was a known risk taker and he believed in building inventories, anticipating a price rise, and making profits.

These investments were routed through many companies like Crocodile, Lota and Fiasco. He has been accused of having manipulated government policies to suit his own needs, and has been known to be a king-maker in government elections [12]. His father was employed as a school teacher while his mother was a homemaker. Challenge negative forces dhiribhai hope, self-confidence and conviction. Patel Venkatraman Ramakrishnan K.

Retrieved 12 September Dhirubhai has been one among the select Forbes billionaires and has also figured in the Sunday Times list of top 50 businessmen in Asia. He also said that the differences “are in the private domain”. In an autobioggaphy biography of Dhirubhai Ambani, published in by Hamish McDonald with the title The Polyester Princeall his political and business conquests are outlined.