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This man is a genius. He continuously disrupts his business empire every 10 years. From clothing & petrochemicals, which his father built, to refining in 90s
by piyushpr134 5y ago
This man is a genius. He continuously disrupts his business empire every 10 years.
From clothing & petrochemicals, which his father built,
to refining in 90s (he built the world's largest refinery and made India net petroleum product exporter...a petroleum deficit nation),
to phones in 2000s (ushered in phone era in India by bundling handset and plans),
to data (jio) in 2010s (made India the largest Internet data user in matter of a few years).
Now he is doing renewal energy.
- hourislate 5y agoMaybe he's just a savvy business man but Genius? Money makes money, when you have billions you can make 10 of billions. Nothing he does is out of the kindness of his heart, it's to grow his empire.
- sremani 5y agoYou must then read about his brother Anil Ambani.
- hourislate 5y agoAre they sending rockets to Mars? Did they invent some new Fusion reactor? No, they take existing technologies and leverage the billions they have to expand their Empire. Understandable that the Indian community wants to celebrate their own but lets put everything in perspective. No different than calling Warren Buffet a Genius.....
- baybal2 5y agoHe is a genius at dealing with Indian bureaucracy
- hourislate 5y agoHahaha, yes that I will agree with.
- truth_ 5y agoExactly this. He is again and again accused of rent-seeking behaviours and cutting corners now and then. They are in very good terms with the fascist Hindu Nationalist BJP party and they regularly donate huge amount of money to their electoral bond. Now, in India, if you want to donate to a party, it can be done completely anonymously. Mukesh Ambani is that kind of rich man who is rich because his father was rich. In India, they are known as "please do something" company. If a competitor starts making progress, the government issues regulations that will put them in disadvantage. Elon Musk's Starlink started taking preorders. This man, ganged up with other "please do something" companies lobbied to the government and regulatory body TRAI banned the preorder of Starlink. They have repeatedly tried to curb Amazon and Flipkart by lobbying to the government. Read- https://www.bbc.com/news/business-56037104 https://www.bbc.com/news/business-56037104 The Indian government has repeatedly tried to bring regulations that disadvantage Amazon. They alway mention "small businesses", but everyone knows on whose lobbying they do those. This man is absolutely NOT a genius, and a rent-seeking shady businessman.
- unmole 5y agoI don't think calling Warren Buffett a genius is controversial.
- seltzered_ 5y agoI think it gets controversial when thinking about the investments and their effects, here's an example piece: https://mattstoller.substack.com/p/warren-buffett-americas-folksiest https://mattstoller.substack.com/p/warren-buffett-americas-f...
- rowanG077 5y agoWait isn't Warren Buffet considered a Genius?!
- hiyer 5y agoGenius isn't limited to only science and technology. It would not be wrong to call Warren Buffett a financial or investing genius; and similarly Mukesh Ambani a genius industrialist.
- dartharva 5y agoSo only tech inventors qualify as geniuses to you?
- hourislate 5y ago> So only tech inventors qualify as geniuses to you? I just gave two obvious examples that would change humanity for ever. Do I consider someone like Tesla a Genius? yes. Do I consider someone like Elon a Genius? No. But I definitely don't equate Genius with Business success based on well established Industry.