Mukesh Ambani prepares to hand a $220 billion empire to his children

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Mukesh Ambani prepares to hand a $220 billion empire to his children
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Indian billionaire Mukesh Ambani has laid out plans to hand his sprawling business empire to his children, while insisting he has no intention of retiring any time soon.

New Delhi

Ambani, 65, set out his succession plan on Monday, telling shareholders in his Reliance Industries conglomerate that his three children are"first among equals" and are being"mentored on a daily basis by our senior leaders, including myself."Ambani, the chairman and promoter of Reliance Industries, has a daughter Isha, and two sons, Anant and Akash.

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