India's Billionaire Heirs Who Follow Their Fathers' Footsteps


BANGALORE: They saw their parents made a mark in the History of Indian Industries globally and now it’s their turn.  Sons of some of the billionaires in India are now ready to carry forward the legacy and maintain the success story. They are foraying into their family business with their youthful aura and young energetic thinking. They are learning the business through their parents making their presence felt, awaiting a grand future.

Akash Ambani: Mukesh Ambani, India’s richest man and among the top 50 richest in the world welcomed his elder son Akash Ambani back to India as well as in his empire. Akash completed his graduation from Brown University and returned to India as an intern in the family business. Recently, he joined Reliance Industries’ telecom unit and is a part of the decision-making team at Reliance Jio.

Aditya Mittal: Foraying into the Steel business of his father, Lakshmi Mittal; Aditya Mittal carved a niche for himself since he joined the industry in 1997. With his own skills, Aditya managed to get the largest ever IPO in the steel industry, and raised over $775 million for the Mittal industry. He was promoted to head of Mergers and Acquisitions in 1999. Since then, he steered Mittal steel towards more success with 50 M&A. He served as a Chief Financial Officer from 2004-2006 and currently he holds the position of CEO of ArcelorMittal Europe, holding responsibility for Flat Carbon Europe, Long Carbon Europe and distribution solutions.

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