![]() ![]() He handed over the control of Reliance to his sons Mukesh and Anil Ambani in the same year. In 1986, he suffered a stroke, which had paralyzed his right hand.In 1985, he renamed the company from Reliance Textiles Industries Pvt.He issued his company’s 1st Initial Public Offering in 1977 which was over-subscribed by 7 times.In 1968, Dhirubhai expanded the company’s business to textiles with a brand name- Vimal.Limited and established a synthetic fabric mill at Naroda in Gujarat in the same year. In 1966, he renamed the company as Reliance Textiles Industries Pvt.In 1965, the partnership of Dhirubhai and Champaklal Damani was ended and Dhirubhai decided to continue the polyester business of the firm.It was a 350 square feet room with a telephone, 2 tables and 3 chairs. He set up his 1st office at the Narsinathan Street in Masjid Bunder, Mumbai.The main business of Reliance Commercial Corporation was to export spices and to import polyester yarn. In 1960, he co-founded a company- Reliance Commercial Corporation with his brother- Champaklal Damani.When he came back to Mumbai from Aden in the year 1957, he had only 500 INRs in his pocket.Besse & Co ( Antonin Besse) for a salary of 300 INRs. His 1st job in Aden was that of a gas-station-attendant. ![]() At the age of 16 in the year 1955, he moved to Aden, Yemen to join his elder brother- Ramniklal who was working there at that time.He left his studies after the 10th standard.He started his entrepreneurial career by selling chaat-pakoda to pilgrims in Mount Girnar.He was born in a Modh Family to Jamnaben and Hirachand Gordhanbhai at Chorwad in Junagadh city and was the 2nd son of his parents.Did Dhirubhai Ambani drink alcohol?: No.Some Lesser Known Facts About Dhirubhai Ambani He was often criticized for manipulating bureaucrats, media houses and politicians. In 2016, Government of India awarded him Padma Vibhushan (posthumously).įather- Hirachand Gordhanbhai Ambani (school teacher).In 2000, FICCI named him the "Man of 20th Century.".In 1998, The Wharton School, University of Pennsylvania awarded him "Dean's Medal.".Bahadur Kanji High School, Junagadh, Gujarat
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