Data : The New Oil behind Mukesh Ambani's successful journey as a wealthiest businessman in the world

Exactly 102 days back, Mr. Ambani, who was a Asia's richest man lost his place to Jack Ma after #oilprices collapsed along with global #stocks. In March 2020, #Ambani was ranked 21st on Forbes’s annual #billionaire list, with a net worth of $36.8 billions. But with in next 100 days, Mr. Ambani became the world's 9th #wealthiest, with RIL’s #market capitalisation crossing the Rs 11-trillion mark. This development has happened due to his business strategy, the #datastrategy. This is the power of #data, the new oil of the economy and the wealthy people around the world. Thanks to Ambani's #leadership and now the #RIL emerging as a #tech company. I am very sure that, with the raining of investments and soaring of the market capitalization, now the Reliance company has positioned itself as a technology major and I hope Jio will become not only a biggest wealth creator, but also a big job creator. Also the #Jio's efforts in making the country as digital country has been applauded by every one. Through its affordable pricing and reachability, now most of the people in the rural areas in the country are able to access the data and telecom services due to jio entry. Hats off to Mr. Mukesh Ambani for his leadership skills that has made Reliance, the country's one of the most profitable company even during this crisis. His leadership is a best example of crisis leadership. Just 102 days back, Mukesh was not there in the world's billionaire list, now he is among the top 10, this just shows his greatness in leading the big company like Infosys. I am very sure, one day, Mr. Ambani will make into the top 5 of the world's richest billionaires. He has not only success as a business man, he has got success as a rewriting the business empire of the #Reliance with his change management. The last few years have brought the Innovation in Mukesh Ambani. Below chart shows how the Jio Platform has received so much funding from top investors and probably this is great turning point and a game changing moment of the Reliance Company. Also June 19, 2020 is a Red Letter Day in the History of Reliance as it has entered the club of 60 super companies (Source : Financial Express, June 20, 2020). There are only 60 companies in the world as on today with a minimum market capitalisation of $150 billion

Record investor participation in Jio Platforms takes RIL to striking distance of net zero debt, Jio Platforms has raised Rs 1,15,693.95 crore from global investors so far

https://www.moneycontrol.com/news/business/moneycontrol-research/pif-jio-deal-record-investor-participation-in-jio-platforms-takes-ril-to-striking-distance-from-net-zero-debt-5425331.html

Time That Matters : Mukesh Ambani's 100 days journey as a Wealth Creator.

(MARCH 10, 2020)

Indian energy tycoon #MukeshAmbani is no longer Asia’s #richestman, relinquishing the title to Jack Ma after oil prices collapsed along with global stocks. The rout, exacerbated by mounting fears that the spread of the novel coronavirus will thrust the world into a #recession, erased $5.8 billion from Ambani’s net worth on Monday and pushed him to No. 2 on the list of Asia’s richest people, according to the #BloombergBillionairesIndex. Ma, the Alibaba Group Holding Ltd. founder who ceded the No. 1 ranking in mid-2018, is back on top with a $44.5 billion fortune, about $2.6 billion more than Ambani. https://theprint.in/india/mukesh-ambani-loses-5-8-billion-is-no-longer-asias-richest-man-after-mondays-oil-rout/378490/

(JUNE 20, 2020)

Mukesh Ambani is now 9th #richestman in the world

With the #marketcapitalisation of Reliance Industries (RIL) crossing the Rs 11-trillion mark on Friday, its Chairman and Managing Director Mukesh Ambani has become the ninth richest billionaire globally on the #Forbes Real-time #BillionairesList with a net worth of $64.6 billion. 

https://www.rediff.com/business/report/mukesh-ambani-is-now-9th-richest-man-in-the-world/20200620.htm

Lessons from Ambani's Leadership Success: Even though I mentioned here very few qualities Ambani have, there are more and more qualities that have put Ambani is not only a leading business tycoon, an Innovative business tycoon.

1. #Resilience
2. #Innovation
3. #Techinvestment
4. #Strategy
5. #Time
6. #Teammanagement
7. #Adaptability
8. #ChangeManagement
9. #Passion and #Dedication
10. Self Belief & many more leadership qualities that have helped Ambani to be very successful in the personal and professional life.

#ceo #leadership #leader #strategy #jio #reliance #business #richest #wealth #India #data #investment #jioplatforms #jiotelecom #telecom #affordability #reachability #Asia #Ambani #Reliance #RelianceIndustriesLimited #CMD #innovation #technology #techbusiness #multidiversification #familybusiness #diversfification #businessexpansion #opportunities #newopportunities #newbusiness #inspiration #inspirationaljourney #DhirubaiAmbani