The 100 Year Rise of the Ambani Family

[@maxwellmueller9384]

Indians are as proud of their country as they are of living outside of it.

[@smallbutdeadly931]

From the little I know about their problems there with overpopulation and pollution, I can't blame them.

[@alejandrooceguera4656]

So they are just like us Mexicans

[@maxwellmueller9384]

​@@alejandrooceguera4656 You obviously don't live in Canada.

[@alejandrooceguera4656]

@@maxwellmueller9384 Nope, I live in Mexico

[@phaestus9295]

I Got first had experience in it

[@User540a]

You need to cover Essar group, which was Reliance's biggest competitor for the longest time. Their story is so so much more interesting. Essar and the Ambanis' rivalry used to be LEGENDARY back in the day, and Essars fall can partly be attributed to the Ambanis.

[@AveragepoliticsEnjoyer]

Seriously never heard about Eassar as Gen Z TATA Bajaj hinduja Ambani have such a dominance

[@User540a]

@@AveragepoliticsEnjoyer Essar group was much bigger than Reliance up until the early 2010s. They owned Essar Steel, India's 3rd largest steel company after Tata steel and SAIL, and among the top 20 globally. Essar Oil which was among the biggest refineries in India back then, and only about 30% smaller than Reliance's refinery. They also owned a significant stake in Vodafone back in its heyday. and they had like 4-5 more pretty big companies too. Unlike Reliance, Essar had 3 core and flagship level business, and RIL was a latecomer.

[@AveragepoliticsEnjoyer]

@@User540a I looked up for their story unable to find it can you tell me where to find?It seems interesting

[@User540a]

@@AveragepoliticsEnjoyer since they have dwindled since 2010 and internet penetration wasnt that much back then, its hard to find much about them. Start with their website, and try to dig deep. this is their corporate film- kzbin.info/www/bejne/i2LYeKxsj5KBmrM&pp=ygUUZXNzYXIgY29ycG9yYXRlIGZpbG0%3D

[@vedantmungre1702]

Bro Dhirubhai started the company in 1977, how is it a 100 year old company?

[@akashsharma4234]

1957

[@ecoideazventures6417]

Correct, but maybe this video maker is counting Dhirubhai's birth date as starting point. But even then it is not a century! :)

[@ecoideazventures6417]

Vedant, please edit your comment to add a question mark

[@quantum7046]

*_oh god the army of indians are about to descend on this_* and i should know cause i am one, sup

[@HowHistoryWorks]

Not much, sup with you?

[@quantum7046]

​@@HowHistoryWorks binge watching history videos apparently 😂

[@vedantmungre1702]

Yes, we will descend on this and fact check every detail including the *map*

[@ecoideazventures6417]

Please edit your comment as Indian trolls because i being an indian is not one of them!

[@vetiarvind]

what's up comrade who are we fighting today

[@riteshgupta4002]

you didn't research well on the split. after 2002 division, it became 2 separate business groups with rivalries with both brothers with only name common. Anil Ambani Group went bankrupt and Mukesh's group alone is worth this much.

[@axem.8338]

Slums are pretty far away from his home.

[@primemario]

Yeah, 7 miles from Asia's largest slum is pretty far. Might require a rocket to reach. 😒

[@jaigagandeep.s5100]

@@primemariowhat he meant is you can’t look at it in eyesight also don’t worry the mafia there is about to get end of free real estate , there will be redevelopment and you people won’t have any chance from now to mock us .

[@dhaval1489]

​@@primemarioThat slum is being planned for redevelopment

[@axem.8338]

@@primemario How do you know? You live there?

[@smallcube-zn2mm]

@@dhaval1489 and unsurprisingly that redevelopment project is now halted , LMAO

[@elvolvasky69]

That is what we call monopoly

[@ashishpatel350]

not really.

[@Tunepa]

Ding ding ding

[@riddhijitbasu2169]

no. its called conglomeration

[@elvolvasky69]

@@riddhijitbasu2169 no he has all the power in India like Rockefeller in his time

[@elvolvasky69]

@@ashishpatel350 the government protect him from competition and avoid the public conversation that they are too big

[@siddhrathsbijoor7327]

You got confused between Mukesh Ambani and anil ambani

[@DiabloNemes]

0:07 that is Anil Ambani brother of Mukesh Ambani….and the one who fought against Musk is Mukesh Ambani

[@droppedcoffeebean3766]

This man is everywhere in India, the comapnies you dont even know or the ones that may be a good part of your daily lofe, the ambnis have a stake on that company

[@moneekdilawari4508]

lol Anil and Mukesh Ambani have different companies and separated a long time ago after their father’s death. If you wanna make a hit piece on someone, at least get your research right.

[@gtbkts]

Thanks for all the amazing content and great videos!

[@HowHistoryWorks]

My pleasure!

[@Reapunzil]

I love how this history channel still keeps the financial side of the original channel 😊

[@hyperionsama]

“He kicked the bucket” 😂 I was not thinking I’d hear that saying today. Totally caught me off guard

[@Rishabh-Dev]

Before Ambani India was the richest nation right? 😅

[@partyboat123]

Audio editing is super off. Gets super quiet during the video only to explode in volume later. Please fix your audio editing!!!!!

[@jimmyyu2184]

450M subscribers!!!! U.S. population (estimate) for 2024 is 340M & European Union to be around 449.2M, to put that in perspective.

[@hinnahinna-j9y]

Are you sure he suggested to the Yemen cousin to "stockpile polyester?" Stockpiling is never wise for any business. It's why we have just-in-time delivery. Storage costs can eat up profits. Besides, polyester was invented in the 50s. It wasn't high-tech by the 70s. The hurdle was crude oil. We had a global oil shortage in the 70s. India is an oil importer. Perhaps Reliance had a way to get their raw materials that their competitors couldn't.

[@ecoideazventures6417]

Boss, where does the phrase "buy low, sell high" come from? Traditional way of doing business is buying low of an essential commodity that you are sure of rising value later

[@lasgio_]

4 mins ago is crazy. Early comments vibes

[@kristiankho]

Getting into petrochemicals in the 70s is like getting into AI now. Reliance is an OG tech conpany

[@vedantmungre1702]

Fax, they were ahead of their time.

[@EmmaKing30]

Difference is AI is a bubble & about to burst soon

[@animekhpandey1342]

Hey you missed that Jio basically gave Sim cards for free for around an year and destroyed the telecom market in India 😊😊

[@HowHistoryWorks]

Genuine question. Was this seen as a good thing or a bad thing by average people?

[@animekhpandey1342]

Well for a lot of people especially lower middle class who had access to smartphones it was great. But what Jio did effectively was to create a habit in the Indian public to use unlimited mobile data/internet and unlimited calling. This worked as an addictive drug and slowly when the competition was killed and the Indian consumer was left at its whim Jio disbanded the free policy and started charging it. Now Jio dictates the prices. For your question in the short term there were benefits but long term I see Jio developing a complete monopoly in the Indian market.

[@sumeettanwar1608]

​@@HowHistoryWorksit's has became a duopoly now with price increase but at the time and even now it's seen as good because it brought the digital revolution. Otherwise 1gb data was still cost like it do in Africa nowdays. So many industries become possible because data became cheap.

[@perorenchino2036]

@@HowHistoryWorks It was a good thing.Currently i am on a jio 5g network getting 300 mbps unlimited vfor 4 dollars a month.

[@jaigagandeep.s5100]

@@HowHistoryWorks it is seen as a good thing , but low and free can’t run permanently so there are rises in prices and people see even a small increase in prices as bad thing . There is competition in India with Jio , Aritel and VI (vodaphoneIdea ) and BSNL that is a government company . (You should know it’s performance won’t be best .There were two more companies that were there before this , which got bankrupt due to 2g spectrum scam even before jio entering .

[@MrStealthy007]

God there are so many factual inaccuracies with this.

[@SbusisoKwanele-ip9lz]

I wonder why when u successful entrepreneur people always think u stole something

[@rishabh241297]

Bro, you didn't explain how the rich ate India as mentioned in the thumbnail.

[@Varun2799]

Poorly researched video So many mistakes

[@rohanjaiswal18]

11 seconds into the video, the very first sentence you said is absolutely incorrect, maybe you lied, maybe you dont care enough to do thorough research or you want only Indian audience

[@funnyproductionz3718]

Can I know the software you use for creating this video?

[@aritrabhattacharyya3379]

Please just cover the Tata family; the rest aren’t worth watching a 21-minute video for.

[@vedantmungre1702]

Don't watch the video if you're not interested, the rest are worth watching

[@rohitwayase6009]

Legacy of innovation risk taking and Business development 😂😂😂😂😂😂😂😂😂😂

[@Nitish.Singhal]

16:12 same old bbc story.... This land has been under encroachment for a long time Multi billion dollar redevelopment projects has been stopped due to politics... Also these guys are not under poverty...most of them easily earn 600-1000 dollars...a month which is a good sum of money... They intentionally live there to freeload And avoid high rents as this location is a prime spot in mumbai.... You don't have to show pity for them...coz they don't deserve it.... Now Finally a new deal has been finalized in 2022 and it is on progress for redevelopment completely.... This encroachment will be all cleared of in next 5 yrs

[@apgandhi12]

Wait for the comeback of Anil sir.

[@vedantmungre1702]

Firhaal SEBI ne तो 5 saal ke liye ban kardiya hai 😂

[@EngineerDJ_Julius]

fix your audio, it's too low

[@vetiarvind]

It's Dhirubai - baai, not bay. And calling his surroundings a "slum" is just ridiculous british tabloid propaganda.

[@brajeshwarthakur9001]

Dhirubhai was quite the visionary and willing to do whatever necessary even legally grey things.

[@kb24shortoreo21]

Look and smell better? The India? He’s very important for the world

[@UnprofessionalProfessor]

Kinda like being the valedictorian of the special education classroom 😅

[@TheUrbanhat]

Indian names are hard to pronounce, but perhaps make a cursory attempt to get it right?

[@UnprofessionalProfessor]

11:19 And that was the worst mistake in history 😂

[@sivtech]

Dhirubhai is real deal.

[@PauMB-gw5yn]

this video is hella boring

[@a-niche1286]

Very well researched ! Well done.

[@Carstoast]

Does this video use ai voice?

[@LiamNI]

Their wealth is paper money. They floated a tiny proportion of their company (while pretending it was fully floated), and their own subsidiaries bought shares to increase to stock price. The real value of their companies is less than 10% of the market value at best. They learned well from the Brits....

[@HowHistoryWorks]

I think you might be thinking of the Adanis’ another super wealthy Indian family that were caught up in a controversy to this effect. As far as I am aware the Ambanis’ haven’t had such allegations made against them and their companies are well floated.

[@Global-yt]

@@HowHistoryWorks Jeez I was about to mix them up. The tone here is so different from the Adani video on HMW

[@Nitish.Singhal]

​@@HowHistoryWorks Adani companies are also doing well ... The allegations were found true by the short seller hidenburg..... Some of his company shares have touched new all time high prices in last 6 months.... Adani has used debt strategy to quickly scale up and has bought insanely good assets.... Pretty solid financials as well...

[@LiamNI]

@@HowHistoryWorks oops, yeah, that's the one! Doh! 🤦

[@DiabloNemes]

⁠@@LiamNInah …those are stupid controversies…when Hindenburg published those reports , institutions like Goldman sachs started buying Adani shares at low prices

[@leanderbarreto980]

100 years?

[@VijayPotdar-l2v]

Ahhhhhhhhhhh

[@HowHistoryWorks]

WHY ARE WE SHOUTING!?

[@VijayPotdar-l2v]

@@HowHistoryWorks I live in India and for me thats not a good news

[@samholland7650]

But But the Ambani represent oure contrly on wrold stage. He is goord guy. I am good to poor if a ambarni is rich

[@ashishpatel350]

aww cry about it commie

[@Nitish.Singhal]

😂😂 so your communist logic is If a person has success and money the. It means rest all become poor... Nice job 👍🏼😅

[@galaxy1234]

​@@Nitish.SinghalThe most hardcore capitalists countries in the world have anti monopoly laws. This is not about any 'ism'.

[@Nitish.Singhal]

@@galaxy1234 how is ambani having a monopoly??? His business is constantly diversifying in all sectors.... He is a service provider...in both his major refinery and telecom business... He doesn't manufacture the prices...it is free market at play....

[@billlhooo6485]

yeah it seems that he involve in the government that why he has a monopoly.