From Rest of World, November 15:
From food to gadgets to sports, explore how the business empire of one of the world’s richest men touches the everyday lives of millions in India.
Imagine if everything in your home came from just one company. Or, to be more precise, from companies that are ultimately led by one individual: a single person whose brands sell you the food you eat, the clothes you wear, the fuel you fill your car with, and even the internet you’re reading this with.
That’s the reality for many Indians, who rely on products, food, and services from the vast array of companies controlled by or partnered with Mukesh Ambani. He’s not just among India’s richest men, according to Forbes; with a net worth of $90.7 billion, he’s also been in the top 10 of its Billionaires List for the past three years.
Ambani’s wealth comes from the enormous Reliance Industries conglomerate. Since taking over from his father, Ambani has turned Reliance — once known for textiles and petrochemicals — into a digital powerhouse. He’s grown the company’s reach through acquisitions and partnerships to reach retail, telecommunications, media, and so much more, creating an empire with unimaginable reach.
Don’t believe us? We’ll show you. Scroll down and join us for an illustrated journey through the lives of ordinary Indians — and the many, many ways in which Ambani touches their world....
....MUCH, MUCH MORE, this is quite amazing. I know this stuff but I didn't know this stuff.
It's hard to name any other billionaire, anywhere in the world, who has so many "touches", as the marketers call it, on the regular people. In the U.S. Warren Buffet has a a remarkable reach through the operating subsidiaries but nothing close to Mr. Ambani.
BERKSHIRE HATHAWAY INC.
Does not include the portfolio investments, Apple, Coca-Cola etc.
A look at Warren Buffett's holdings pic.twitter.com/5SdVaDKB9Z
— Markets & Mayhem (@Mayhem4Markets) October 15, 2022
