Anil Ambani was the world`s fastest-growing multi-billion-dollar fortune in percentage terms as his wealth tripled in 1 year. During 2006, he was also in the limelight due to his increasing disputes with his brother Mukesh Ambani. Ambani joined Reliance, the company founded by his late father Dhirubhai Ambani, in 1983 as Co-Chief Executive Officer and is credited with having pioneered many financial innovations in the Indian capital markets. He directed Reliance in its efforts to raise, since 1991, around US$2 billion from overseas financial markets; with a 100-year Yankee bond issue in January 1997 being the high point, after which people regarded him as a financial wizard. He along with his brother, Mukesh Ambani, has steered the Reliance Group to its current status as India`s leading textiles, petroleum, petrochemicals, power, and telecom
Which is a better Manufacturing stock to invest in?