Fiji Sun

ABOUT THE TWO AMBANI HEIRS:

- Source:

The tale of the two brothers’ Mukesh and Anil Ambani diverging fortunes began 16 years ago, when their ragsto-riches father Dhirubhai Ambani, whose life inspired a Bollywood film, died of a stroke without leaving a will.

The industrial­ist, who started out as a gas-station attendant in Yemen, had built a vast business empire, financing massive factories by selling so many shares to small investors that stockholde­r meetings had to be held in a football stadium.

A feud between his two sons following their father’s death dogged the group until their mother, Kokilaben, stepped in during 2005 and brokered a truce.

Mukesh got control of the flagship oil refining and petrochemi­cals, while Anil got the newer businesses such as power generation and financial services.

He also took over the telecoms unit, which under Mukesh had expanded aggressive­ly by bundling phones with mobile connection­s at throwaway prices. Forbes

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