History of Dhirubhai Ambani | Struggles | Business strategies

Mukesh Ambani is one of the world's richest man who is basically from India. But his source of capital investment was earned from his father Dhirubhai Ambani. So in this article it covers the motivational history of the Dhirubhai Ambani.

Dhirubhai Ambani's First Business :

At first Dhirubhai Ambani started to work in a coins making company in Yeman. He used to collect the coins in Yeman and melted. After that he send that to one Indian friend to sell in Indian market. Also the Yeman Government warned Dhirubhai Ambani as it is an offense. So he gave up this business.

After that he came back to India and got married at the age of 22 years old. He is very loyal to his wife and always used to say his wife is also a part of his success.

After that he started sugar export business from Gujarat to Yeman. But unfortunately, the ship met with an accident and that business also got closed. He faced huge loss in his career.

Emergence of Reliance Commercial Corporation:

Later Dhirubhai Ambani's friend arranged money and helped him starting a big company called "Reliance Commercial Corporation" in Mumbai. The company was very small and had only one room. The total investment for the company was 500 rupees.

Struggles faced by Dhirubhai Ambani:

He enters into the textile manufacturing business and made huge revolutionary in India. In order to get good name in Indian market, he stopped all the advertisement those who write bad about Ambani's company. So all the newspaper companies was not ready to lose big advertisement amount. Then all the newspaper writing good only about Dhirubhai Ambani and his company.

But the newspaper company "The Indian Express" refused to wrote good only about Ambani and appointed Auditor "Guru moorthy" to check the Reality about Ambani and his company. Then "Indian Express" writes truth about Ambani and his business.

Petroleum Products Business:

Dhirubhai Ambani who is the father of Mukesh Ambani approached Prime Minister "Rajiv Gandhi" through the influence of Bollywood actor "Amitab Bachan". He got the Petroleum refinery projects from the Indian Government and got huge profit.

At last he died on 6 th July 2002 and had a net worth of 6 Billion American Dollar. 

Mukesh Ambani:

Now Mukesh Ambani handled his share and doing high profitable business. Also ranked as one of the top richest man in the world as well as India. His net worth is 6,990 crores USD (2020).His one of the popular product is "JIO Telecommunication Industry".