Mukesh Ambani India's 1st trillionaire

Reliance Industries Chairman Mukesh Ambani has won the rare distinction of being the only trillionaire in the country with over Rs 1,00,000 crore of wealth in his companies’ shareholdings.Younger brother Anil is also trailing behind closely with close to Rs 90,000 crore of wealth in the stock market through his holdings in various group companies.Early this year, Mukesh Ambani was ranked 14th by the Forbes 2007 list of world's billionaires. Being a shrewd businessman, Mukesh is seen in the corporate circles as someone who has that rare mix of passion and clever insight. Unlike Anil, Mukesh is level headed, does not runs into quotes easily and balances his words articulately even while discussing the most simple matters.Since splitting with younger brother Anil in 2005 and taking control of $20 billion (revenues) Reliance Industries, founded by his father Dhirubhai Ambani, Mukesh's fortune has soared by $11 billion. He has ventured $5.5 billion on retail ventures including Reliance Fresh, a chain of food stores out of which 60 are now open. His megaplans include $10 billion investment to develop special economic zones across India.The total investors' wealth in the four Anil Ambani Group firms—Reliance Communications (RCOM), Reliance Capital (RCL), Reliance Energy (REL) and Reliance Natural Resources Ltd (RNRL) has reached 1,42,384 crore, while total promoter holding is estimated at about Rs 87,000 crore.The combined market capitalisation of the four Mukesh Ambani Group companies—RIL, Reliance Petroleum (RPL), IPCL and Reliance Industrial Infrastructure Ltd (RIIL) has crossed the Rs 2,50,000 crore mark. The total promoter holding in these companies is worth over half at about Rs 1,30,000 crore.While Anil Ambani holds control of most of these shareholdings, his stakes in some other listed companies such as Adlabs Films takes his total wealth in capital market to around Rs 90,000 crore.Mukesh Ambani, based on his direct and indirect holdings in various group companies, is estimated to have control of about Rs 1,11,000 crore worth shares.While RIL has witnessed a jump of about Rs 1,08,000 crore in its market value in the past one year, that of RCOM has gained by about Rs 70,500 crore in the same period.Reliance Capital has also gained about Rs 14,000 crore in one year, while the gain for RPL is around Rs 12,250 crore. RNRL and REL have gained close to Rs 1,500 crore each, while IPCL has added close to Rs 4,500 crore to its market cap in the past 12 months, although that of RIIL has dropped by about Rs 300 crore.