Dhirubhai Ambani's passing away in 2002 resulted in a year long chaos amongst the brothers Mukesh and Anil regarding who'd ascend to take control of the throne left behind.
From the Waltons to the Kochs, Mukesh Ambani has had a close look and studied into how these billionaire families passed on their empire to the next generation. But lately, the process has gained even more momentum as Asia's richest man has set out to create an outline for his fortune worth $208 billion trying to avoid any warfare that has split up so many families with his own falling prey to it once.
One could draw parallels to the 64 year old Indian tycoon's preferred plan with that of the Walton family who are more widely known as the family behind Walmart Inc. Sources close to the matter say that these shared elements could very well provide framework for one of the biggest wealth transfers in contemporary history, reported The Print.
A trust-like structure that controls the Mumbai-listed flagship...
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