The Fort Worth Press - Billionaire bash: India's lavish Ambani nuptials

USD -
AED 3.672952
AFN 64.501385
ALL 80.969857
AMD 361.359465
ANG 1.789785
AOA 916.999657
ARS 1524.277903
AUD 1.432562
AWG 1.8
AZN 1.701831
BAM 1.74212
BBD 2.012426
BDT 123.598208
BGN 1.747831
BHD 0.377416
BIF 2995
BMD 1
BND 1.278237
BOB 11.675159
BRL 5.054017
BSD 0.999132
BTN 94.798398
BWP 13.69985
BYN 2.981094
BYR 19600
BZD 2.009486
CAD 1.409955
CDF 2313.50406
CHF 0.825905
CLF 0.024925
CLP 980.979915
CNY 6.691203
CNH 6.68241
COP 3170.81
CRC 453.826798
CUC 1
CUP 23.980333
CVE 98.217189
CZK 21.692033
DJF 177.720128
DKK 6.664175
DOP 61.451444
DZD 134.429026
EGP 53.906504
ERN 15
ETB 163.206182
EUR 0.89145
FJD 2.25945
FKP 0.750648
GBP 0.751375
GEL 2.590332
GGP 0.750648
GHS 11.676049
GIP 0.750648
GMD 73.495602
GNF 8844.094881
GTQ 7.639034
GYD 209.00734
HKD 7.848195
HNL 26.820882
HRK 6.717295
HTG 130.705681
HUF 323.356501
IDR 18050
ILS 3.103501
IMP 0.750648
INR 94.90505
IQD 1514.774979
IRR 1795877.484608
ISK 121.430134
JEP 0.750648
JMD 158.78431
JOD 0.70897
JPY 158.466032
KES 129.770054
KGS 87.45055
KHR 4068.089503
KMF 439.999779
KPW 899.999961
KRW 1331.670573
KWD 0.31091
KYD 0.83268
KZT 451.722955
LAK 22482.018394
LBP 89478.016105
LKR 331.122819
LRD 170.366279
LSL 16.42449
LTL 2.95274
LVL 0.60489
LYD 6.412478
MAD 9.77184
MDL 17.816041
MGA 4529.360679
MKD 54.914955
MMK 2099.513869
MNT 3596.411813
MOP 8.077478
MRU 40.003029
MUR 47.250098
MVR 15.460394
MWK 1732.62013
MXN 18.417275
MYR 4.082496
MZN 63.900883
NAD 16.424417
NGN 1330.470079
NIO 36.770142
NOK 9.41278
NPR 151.676406
NZD 1.765335
OMR 0.384494
PAB 0.999132
PEN 3.447023
PGK 4.544503
PHP 63.000503
PKR 276.59385
PLN 3.896601
PYG 5763.047022
QAR 3.642032
RON 4.748797
RSD 104.688796
RUB 82.751135
RWF 1476.78686
SAR 3.763551
SBD 8.064647
SCR 14.023436
SDG 601.499723
SEK 9.91338
SGD 1.28008
SHP 0.754745
SLE 24.680436
SLL 20969.504398
SOS 571.064633
SRD 37.699688
STD 20697.981008
STN 21.822878
SVC 8.742551
SYP 13001.999685
SZL 16.419114
THB 33.579773
TJS 9.202594
TMT 3.51
TND 2.982711
TOP 2.40776
TRY 49.551903
TTD 6.778453
TWD 32.481297
TZS 2649.967965
UAH 45.052265
UGX 4156.255985
UYU 40.119539
UZS 12034.649387
VES 878.910601
VND 25894.5
VUV 118.97233
WST 2.787823
XAF 584.753063
XAG 0.017428
XAU 0.000241084688
XCD 2.70255
XCG 1.80082
XDR 0.707052
XOF 584.753063
XPF 106.228901
YER 236.149687
ZAR 16.42086
ZMK 9001.204172
ZMW 19.959203
ZWL 321.999592
SSP 5750.775019
MXV 2.079123
  • RIO

    -0.3300

    97.04

    -0.34%

  • CMSC

    -0.0400

    20.67

    -0.19%

  • RELX

    0.0000

    33.41

    0%

  • RBGPF

    0.0000

    67.95

    0%

  • BCE

    -0.0700

    21.99

    -0.32%

  • BCC

    -0.0300

    75.66

    -0.04%

  • GSK

    0.8600

    51.08

    +1.68%

  • JRI

    -0.0300

    11.52

    -0.26%

  • NGG

    -0.1200

    76.68

    -0.16%

  • CMSD

    0.0900

    20.54

    +0.44%

  • BTI

    -0.0800

    55.75

    -0.14%

  • AZN

    2.0200

    168.1

    +1.2%

  • BP

    -1.4200

    43.16

    -3.29%

  • RYCEF

    0.4600

    19.7

    +2.34%

  • VOD

    0.0700

    17.02

    +0.41%

Billionaire bash: India's lavish Ambani nuptials
Billionaire bash: India's lavish Ambani nuptials / Photo: © Reliance/AFP/File

Billionaire bash: India's lavish Ambani nuptials

Billionaire Indian tycoon Mukesh Ambani celebrates the lavish finale of his son's wedding this week, highlighting his staggering wealth, as well as India's rapid economic growth and stark financial inequalities.

Text size:

Ambani's younger son Anant and fiancee Radhika Merchant, both 29, are set to marry in a three-day Hindu ceremony in India's financial capital Mumbai starting Friday.

Asia's richest man is no stranger to throwing a costly wedding.

He held the most expensive wedding in India to date for his daughter in 2018, which reportedly cost up to $100 million and saw US singer Beyonce perform.

This week's opulent celebrations are set to raise the bar, with celebrities, politicians and business elite jetting into the monsoon-hit megacity of Mumbai.

Pre-wedding parties for his son included multi-day galas, a European cruise for 1,200 guests, a specially built Hindu temple and entertainment provided by pop stars ranging from Rihanna to Justin Bieber.

- Power -

Ambani, 67, the chairman of Reliance Industries, has a fortune of more than $123 billion, and is the 11th wealthiest person in the world, according to the Forbes billionaires list.

He is a key ally of India's right-wing Hindu nationalist leader, Prime Minister Narendra Modi.

Ambani inherited a thriving industrial enterprise spanning oil, gas and petrochemicals.

He grew it into a commercial behemoth with lucrative interests in retail, telecommunications and an Indian Premier League cricket team.

Ambani's family home Antilia is one of Mumbai's most prominent landmarks. The 27-floor building reportedly cost more than $1 billion to erect and has a permanent staff of 600 servants.

Merchant is the daughter of pharmaceutical moguls.

- Cruise and zoo -

Wedding celebrations began in March with a three-day gala for 1,500-plus guests in Gujarat state.

Rihanna performed her first concert since last year's Super Bowl for wedding guests including Facebook founder Mark Zuckerberg and ex-US president Donald Trump's daughter Ivanka.

David Blaine did magic tricks.

Festivities also involved a trip to the Ambani's "animal rescue centre" housing exotic animals, and a specially built Hindu temple complex.

A second leg in June was a four-day Mediterranean cruise with 1,200 guests, Merchant told Vogue.

Singer Katy Perry performed at a masquerade ball at a French chateau in Cannes, while the Backstreet Boys and US rapper Pitbull also provided entertainment.

DJ David Guetta played at a toga party at sea.

The cruise ended in Italy's Portofino, where tenor Andrea Bocelli serenaded the party in the town square.

- Gowns -

The wedding invitation was an intricate chest incorporating a mini silver temple.

Merchant's multiple dresses have been as elaborate.

They have included custom designs from Versace, Dolce & Gabbana, and a vintage Yves Saint Laurent for Dior, she told Vogue.

Another was a sweeping chiffon dress printed with a love letter from her fiancee, the magazine reported.

"I want to be able to show it to my kids and grandkids, and say that 'this is what our love was'", Merchant said.

- Poverty -

India is the fastest-growing major economy, and the world's fifth largest.

But despite massive advances, the world's most populous country has a jobs crisis to match.

National per capita income is just $1,174, according to government data.

India was ranked 111 of 125 countries in the Global Hunger Index report last year, a peer-reviewed measure calculated by European aid agencies.

One percent of India's 1.4 billion people earn more than a fifth of its wealth, according to the World Inequality Lab, an income share "among the very highest" in the world -- greater than South Africa, Brazil or the United States.

Perhaps to preempt criticism, Ambani provided a feast for 50,000 people in his hometown of Jamnagar in Gujarat during the first round of parties.

Ambani also organised a mass wedding for 52 "underprivileged" couples near Mumbai, promising to support "hundreds more such weddings" across India.

L.Davila--TFWP