{"id":460345,"date":"2022-01-05T09:36:23","date_gmt":"2022-01-05T04:06:23","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=460345"},"modified":"2022-01-05T10:47:44","modified_gmt":"2022-01-05T05:17:44","slug":"mukesh-ambanis-succession-plan-needs-three-superstar-businesses","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/mukesh-ambanis-succession-plan-needs-three-superstar-businesses\/","title":{"rendered":"Mukesh Ambani&#8217;s succession plan needs three superstar businesses"},"content":{"rendered":"<p>Asia\u2019s richest man has promised to accelerate what he claims will be a \u201cmomentous leadership transition\u201d to the next generation. Just how Mukesh Ambani will carve up his $217 billion empire is still under wraps, but one thing is clear: The eagerly anticipated corporate succession will be underpinned by the emergence of at least three superstar businesses, each of which will aim for a very large share of profit in its particular industry.<\/p>\n<p>A clean transfer of wealth is important to the 64-year-old Indian tycoon, who was embroiled in a bitter inheritance dispute with his younger brother after their father died in 2002 without a will. To avoid any such unpleasantness, one idea under consideration is to put the group\u2019s flagship Reliance Industries Ltd.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Asia\u2019s richest man has promised to accelerate what he claims will be a \u201cmomentous leadership transition\u201d to the next generation. Just how Mukesh Ambani will carve up his $217 billion empire is still under wraps, but one thing is clear: The eagerly anticipated corporate succession will be underpinned by the emergence of at least three superstar businesses, each of which will aim for a very large share of profit in its particular industry. A clean transfer of wealth is important to the 64-year-old Indian tycoon, who was embroiled in a bitter inheritance dispute with his younger brother after their father [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-460345","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/460345","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=460345"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/460345\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=460345"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=460345"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=460345"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}