India’s Mukesh Ambani looks to Walmart’s succession playbook for his US$208 billion empire

For years, India’s Mukesh Ambani has studied the ways in which billionaire families, from the Waltons to the Kochs, passed on what they had built to the next generation.Recently, that process has intensified, with Asia’s richest man eyeing a blueprint for the next stage of his US$208 billion empire that seeks to avert the succession warfare that’s torn apart so many wealthy clans – including his own.The 64-year-old Indian tycoon’s favoured plan shares elements with that of Walmart’s Walton…

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