After the Reliance Empire was split between the two Ambani bothers -- Mukesh and Anil -- their businesses have grown manifold. Both the brothers' wealth has risen substantially.
"The easiest way to look at it is that it's a win-win for both the groups (Reliance Industries and Reliance Anil Dhirubhai Ambani Group)," Mukesh said about the Reliance empire spilt to The Economic Times.
In the past one year, Mukesh's wealth has zoomed from $8.5 billion to $20.1 billion, making him the world's 14th richest man in the Forbes' global rankings.
Reliance Industries is now all set to turn itself into a bigger conglomerate. The company has announced investment plans of over $20 billion (Rs 88,000 crore) to be deployed over the next five years in oil and gas exploration, refining, fuel retailing and organised retail.
The company also announced an investment of $3 billion (Rs 13,200 crore) to build one of the world's largest integrated cracker and petrochemicals complex.
"A billion people used to mean lots of problems. Today I see a billion people as a billion potential consumers, an opportunity to generate value for them," Mukesh told International Business Times.
Image :Image : In this file picture dated June 24, 2004, Reliance Industries Chairman and Managing Director Mukesh Ambani (right) along with Vice Chairman Anil Ambani listen to shareholders' opinions at the company's annual general meeting.
Photograph: STR/AFP/Getty Images
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