New Delhi: Mukesh Ambani, the owner of Reliance Industries and the country's richest industrialist, is going to form a 'Family Council' so that his business can be easily transferred to the next generation. According to LiveMint's report, this family council will include Ambani's three children Akash, Isha and Anant as well as an adult member of the family. However, no official announcement has been made by Reliance Industries yet.
There was a very dispute between Mukesh Ambani and his brother Anil Ambani over the legacy of Reliance. Perhaps in view of this, Mukesh Ambani has decided to make this council. In the coming time, the reins of Reliance Industries will be in the hands of Mukesh Ambani's children. It is clear that there can be a dispute about the share of such a big property later. Mukesh Ambani's total assets worth $ 80 billion.
According to sources "By the end of next year, Mukesh Ambani will choose the successor of his business empire. So, if there is any dispute for further succession, the council can resolve the disputes and effort of smooth transfer can be successful".
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