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Reliance Infrastructure, an Indian private sector power utility company and the Reliance ADA Group promote Reliance Power. The present CEO of Reliance Power is K. Raja Gopal since 2 May 2018. [3] The company was the sole distributor of electricity to consumers in the suburbs of Mumbai but in 2017 they sold Mumbai operation to Adani Power.
Mukesh Dhirubhai Ambani (born 19 April 1957) is an Indian billionaire and businessman who is the chairman and managing director of Reliance Industries. [4] He is the richest person in Asia and 9th richest in the world.
The Reliance Group was created in July 2006 following a demerger from Reliance Industries Limited. He led several listed corporations, including Reliance Capital, [2] Reliance Infrastructure, [3] Reliance Power, and Reliance Communications. [4] Anil's net worth is currently estimated at around $2.5 billion. [5]
In October 2010, Reliance power placed the world's largest order worth $8.29 billion to Shanghai Electric Group to supply power equipment based on Supercritical steam generator technology. [5] On 28 October 2017, the group launched construction of a defense production unit in Mihan-SEZ region. [ 6 ]
After the death of Dhirubhai Ambani, the group was split into Reliance Industries Limited headed by Mukesh, and Reliance Anil Dhirubhai Ambani Group headed by Anil. So finally Mukesh Ambani was elected as the CEO and Anil Ambani was elected as the chairperson. As of 2017, the company had more than 250,000 employees.
Nixon, who died in 1994, had a net worth of $988,522 in 1973, according to a Dec. 9 issue from that year by The San Francisco Examiner. That amounts to about $6.03 million in today’s dollars .
The CAG in its draft report alleged rigging of the auction mechanism, whereby an unknown ISP, Infotech Broadband Services Pvt Ltd, acquired the spectrum by bidding 5000 times its net worth, after which the company was sold to Reliance Industries. [115]
In the Oval Office for just three years, Gerald Ford grew his net worth by 400% from the time he entered the White House in 1974 until his death in 2006, according to the American University study.