Mukesh Ambani attributes his wealth to Shareholders

PRLog (Press Release) – Oct 13, 2007 – New Delhi, Mukesh Ambani, Chairman and Managing Director of Reliance Industries Limited (RIL), in the Thirty-third Annual General Meeting ended the speech with a personal note , “Recently, there have been several reports in the media on my personal wealth. Frankly, I am amused by these reports.
Because I have never thought of myself in these terms.Nor have I worked in any way for these epithets.

“The money you accumulate merely gives you an opportunity to make a difference.
But only if we make use of it to create wealth for the nation and to look for a social return.
I measure my success by the value that I create for my shareholders and the assets that we, as a company, create for the nation as a whole. My wealth and your wealth are inevitably linked to our growth. If Reliance grows and India prospers, it matters little to me whether my personal fortunes are measured in billions or millions. True wealth lies in what you give to society and to the country, the real assets that you build, the institutions you nurture and the contribution you make to all-round prosperity.
And how you empower young people.I am proud of the human capital I have helped build.
Those thousands of young people who have made Reliance what it is today.And who are raring to take India and Reliance to greater heights. Finally, I believe true wealth consists of what we create for you, Dear Shareowners. This is what I would continue to strive for, through Reliance. This is what I have learnt from Dhirubhai Ambani. He was my father, teacher and leader. His spirit radiated Reliance.”

“He has bequeathed to us an invaluable legacy and, for me, this is more precious than anything else.
He had big, very big dreams for Reliance and for India. It is these dreams that I have inherited.
Nothing gives me greater joy than translating them into reality. I am institutionalising systems and processes to motivate the entire Reliance family to implement his dreams. And, in this, I am sure I will continue to receive your blessings, your support and your unflinching trust.”

“I would like to take this opportunity to thank the Central and State Governments, the Governments of all the countries where Reliance operates, shareholders, investors, bankers, financial institutions, lenders, suppliers and customers for their consistent and resolute support. I thank all my colleagues on the Board for their unanimous support and immense encouragement. Finally, I would like to specially acknowledge the commitment and dedication of the entire Reliance team in creating and sustaining a world class enterprise. Thank You”