Almost a decade and-a-half after a bitter separation, Mukesh Ambani on Monday stepped in to save younger brother Anil from prison by helping him clear the Rs 453 crore Reliance Communications owed Ericsson. The Supreme Court had on 20 February said failure to pay the Swedish telecom major it dues within four weeks would land Anil, the chairman in jail for three months.
After help from brother Mukesh, Anil quoted,” My sincere and heartfelt thanks to my respected elder brother, Mukesh and Nita for standing by me during all these hard times…….. I and my family will always be grateful to this gesture “
His Net worth has shrunk to $300 million from atleast $55 billion in 2008, according to Bloomberg. On the other hand his brother Mukesh Ambani is now Asia’s richest man with a $ 54.3 billion fortune.
Do you think Mukesh Ambani did the right thing? Comment down below…
~Written By Mishti Rathod, Hetanshi Shah and Teesha Arora, Students of STD.IX, V.C.W Arya Vidya Mandir School.