Family wealth means nothing to me, says Mukesh Ambani

Family wealth means nothing to me, says Mukesh Ambani

FP Staff August 29, 2024, 17:15:39 IST

“I firmly believe that my family and I, and also other senior members of the management team, are simply trustees of this great institution. Personal or family wealth holds no importance for me,” said Reliance Industries Limited (RIL) Chairman Mukesh Ambani

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Family wealth means nothing to me, says Mukesh Ambani
RIL Chairman Mukesh Ambani

Reliance Industries Limited (RIL) Chairman Mukesh Ambani on Thursday said that personal or family wealth holds no importance for him and that his family and the other senior members of the management, are simply trustees of the great institution.

Addressing the 47th Annual General Meeting (AGM) of the RIL on Thursday, Ambani said, “I firmly believe that my family and I, and also other senior members of the management team, are simply trustees of this great institution. Personal or family wealth holds no importance for me.”

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He said what truly matters for him is “our responsibility to pass on this precious institution to the next generation on a solid foundation.”

“This will enable them to elevate Reliance to even greater heights of success,” added Ambani.

He said the institution is executing its plans to enrich institutional culture and perpetuate value system with utmost dedication.

“In my previous addresses, I have discussed our philosophy and plans to enrich our institutional culture and perpetuate our value system, especially as Reliance navigates this period of generational transition. We are executing these plans with utmost dedication,” said the RIL chairman.

He said as Reliance takes on new and greater challenges, it will need an ever-expanding pool of capable leaders – leaders who are fully committed to the purpose, philosophy, passion, and pioneering spirit of our Founding Chairman.

“I am personally devoting the largest part of my time to this task, along with our esteemed board members and senior colleagues. I am pleased to report that we have made tremendous progress in these efforts,” added Ambani.

Firstpost is part of the Network18 group. Network18 is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary

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