Mukesh Ambani Flags Off Succession, Anointing Son Akash Ambani Chairman Of Reliance Jio Infocomm

Asian tycoons tend to be laggards when it comes to passing on the baton, but Indian billionaire Mukesh Ambani has commenced the handover at age 65. This week, Ambani stepped down from his position as chairman and director of Reliance Jio Infocomm, the telecom unit of Reliance Industries.