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

USD -
AED 3.67315
AFN 64.000049
ALL 82.460012
AMD 376.319875
AOA 916.999881
ARS 1387.01782
AUD 1.417284
AWG 1.8
AZN 1.698872
BAM 1.671981
BBD 2.012823
BDT 122.815341
BHD 0.377522
BIF 2970.5
BMD 1
BND 1.273995
BOB 6.905365
BRL 5.099299
BSD 0.999316
BTN 92.260676
BWP 13.408103
BYN 2.916946
BYR 19600
BZD 2.009908
CAD 1.38394
CDF 2301.000244
CHF 0.790475
CLF 0.022811
CLP 897.589607
CNY 6.830101
CNH 6.82964
COP 3647.59
CRC 464.865789
CUC 1
CUP 26.5
CVE 94.850263
CZK 20.876297
DJF 177.71977
DKK 6.3992
DOP 60.649813
DZD 132.405958
EGP 53.243098
ERN 15
ETB 155.625025
EUR 0.85632
FJD 2.21345
FKP 0.755232
GBP 0.744985
GEL 2.685001
GGP 0.755232
GHS 11.015012
GIP 0.755232
GMD 72.999884
GNF 8780.000114
GTQ 7.645223
GYD 209.079369
HKD 7.832385
HNL 26.619914
HRK 6.454497
HTG 131.013289
HUF 321.89703
IDR 17004.45
ILS 3.08836
IMP 0.755232
INR 92.35715
IQD 1310
IRR 1315000.000248
ISK 123.159804
JEP 0.755232
JMD 157.315666
JOD 0.708974
JPY 158.396008
KES 129.4008
KGS 87.449889
KHR 4014.000047
KMF 424.495348
KPW 899.988897
KRW 1478.329964
KWD 0.30913
KYD 0.832781
KZT 477.797202
LAK 21962.503045
LBP 89550.000312
LKR 315.00748
LRD 184.201804
LSL 16.614988
LTL 2.95274
LVL 0.60489
LYD 6.344954
MAD 9.305012
MDL 17.208704
MGA 4137.497373
MKD 52.749143
MMK 2100.006416
MNT 3571.582477
MOP 8.062591
MRU 40.100639
MUR 46.770317
MVR 15.460342
MWK 1736.999694
MXN 17.41705
MYR 3.975971
MZN 63.95994
NAD 16.609452
NGN 1377.969888
NIO 36.730261
NOK 9.55728
NPR 147.619434
NZD 1.71469
OMR 0.384503
PAB 0.999308
PEN 3.40375
PGK 4.310014
PHP 59.562017
PKR 278.999834
PLN 3.635519
PYG 6482.581748
QAR 3.645993
RON 4.362498
RSD 100.488021
RUB 78.546657
RWF 1460.5
SAR 3.752479
SBD 8.04851
SCR 14.117697
SDG 601.000039
SEK 9.29082
SGD 1.27332
SLE 24.650107
SOS 571.499594
SRD 37.553992
STD 20697.981008
STN 21.44
SVC 8.744604
SYP 110.549356
SZL 16.614985
THB 32.016497
TJS 9.498763
TMT 3.5
TND 2.891983
TRY 44.5205
TTD 6.778082
TWD 31.728984
TZS 2587.523004
UAH 43.307786
UGX 3697.197396
UYU 40.598418
UZS 12230.000021
VES 474.416904
VND 26332.5
VUV 119.420937
WST 2.770913
XAF 560.735672
XAG 0.013279
XAU 0.000211
XCD 2.70255
XCG 1.8011
XDR 0.698977
XOF 608.999818
XPF 102.549639
YER 238.575002
ZAR 16.358585
ZMK 9001.174966
ZMW 19.112505
ZWL 321.999592
  • CMSD

    0.2650

    22.555

    +1.17%

  • BCC

    3.4600

    78.17

    +4.43%

  • RBGPF

    -13.5000

    69

    -19.57%

  • JRI

    0.1500

    12.84

    +1.17%

  • CMSC

    0.1900

    22.33

    +0.85%

  • BCE

    0.2900

    24.12

    +1.2%

  • RYCEF

    0.8800

    16.63

    +5.29%

  • RIO

    3.1200

    97.78

    +3.19%

  • VOD

    0.3750

    15.685

    +2.39%

  • GSK

    1.2750

    57.115

    +2.23%

  • RELX

    0.6450

    34.005

    +1.9%

  • BP

    -1.6700

    45.57

    -3.66%

  • AZN

    3.6200

    204.43

    +1.77%

  • NGG

    2.0000

    89.52

    +2.23%

  • BTI

    0.9300

    59.73

    +1.56%

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