Current:Home > FinanceAsia’s richest man Mukesh Ambani is set to throw a grand wedding for his son. Here’s what to know -FutureFinance
Asia’s richest man Mukesh Ambani is set to throw a grand wedding for his son. Here’s what to know
Charles H. Sloan View
Date:2025-04-10 12:09:56
NEW DELHI (AP) — In March, Asia’s richest man Mukesh Ambani threw a three-day prenuptial bash for his son that included a 1,200-person guest list, including former world leaders, tech tycoons and Bollywood’s megastars, and a performance by renowned singer Rihanna.
It was only the start of their months-long lavish pre-wedding celebrations which have grabbed headlines and set off a social media frenzy.
Billionaire industrialist Mukesh Ambani and his wife Nita Ambani organised a mass wedding for over 50 underprivileged couples in Navi Mumbai on Tuesday as part of pre-wedding celebrations of their youngest son, Anant Ambani.
In May, the family took guests on a 3-day pre-wedding cruise from Italy to France, which included a DJ set from David Guetta, Katy Perry belting out her hit song “Firework” and a performance by Pitbull to cap it off, according to media reports.
Finally, the wedding is set for next week, with Anant Ambani, 29, marrying his longtime girlfriend, Radhika Merchant, in what many have dubbed the wedding of the year.
Here’s what we know:
Who are the Ambanis?
Chairman of Reliance Industries Limited Mukesh Ambani, right, along with his wife Nita Ambani, greets underprivileged couples during a mass wedding organized by them as the part of pre-wedding celebrations of their youngest son, Anant Ambani in Navi Mumbai, India. (AP Photo/Rafiq Maqbool)
The father of the groom is Mukesh Ambani, 66, currently the world’s 9th richest man with a net worth of $116 billion, according to Forbes. He is also the richest person in Asia.
His Reliance Industries is a massive conglomerate, reporting over $100 billion in annual revenue, with interests ranging from petrochemicals, and oil and gas to telecoms and retail.
The Ambani family owns, among other assets, a 27-story private apartment building, named Antila, worth $1 billion in Mumbai. It has three helipads, a 160-car garage, a private movie theater, a swimming pool, and a fitness center.
Ambani’s critics say his company has flourished mainly because of political connections during the Congress governments in the 1970s and 80s and subsequently under Prime Minister Narendra Modi’s rule after 2014. They say “crony capitalism” in India has helped certain corporations, such as Ambani’s, thrive.
The family patriarch has started passing the torch to his two sons and daughter. The oldest son, Akash Ambani, is now chairperson of Reliance Jio, their telecoms business; his daughter, Isha, oversees retail, while the groom Anant, the youngest, has been inducted into the new energy business.
Who are the bride and groom?
Anant Ambani, left, and Radhika Merchant pose for photographers during their pre-wedding ceremony in Mumbai, India, Friday, July 5, 2024. (AP Photo/Rajanish Kakade)
Anant has a bachelor’s degree from Brown University, according to Reliance Industries’ website, and oversees the conglomerate’s renewable and green energy expansion.
He also runs a 3,000-acre (nearly 1,200-hectare) animal rescue center called Vantara in Gujarat state’s Jamnagar, the family’s hometown where guests in March spent days celebrating in the extravagant pre-wedding party.
The bride, Radhika Merchant, 29, is the daughter of pharmaceutical tycoon Viren Merchant and is the marketing director for his company, Encore Healthcare, according to Vogue.
She told the magazine that the two were introduced through mutual friends in 2017. “That first meeting just sparked something special between us, and it wasn’t long before we started dating,” she said.
When’s the wedding and what’s expected?
Chairman of Reliance Industries Limited Mukesh Ambani, third left, poses with his family members and underprivileged couples during a mass wedding organized by him as the part of pre-wedding celebrations of his youngest son, Anant Ambani, in Mumbai, India, Tuesday, July 2, 2024. (AP Photo/Rafiq Maqbool)
The main wedding ceremony is set for July 12, followed by a grand reception on July 14, according to local media. Celebrations are expected to be split between the Ambani’s Jio World Convention Center in Mumbai city and their family home.
The dates were reportedly chosen based on the couple’s birth charts, as is typical in Hindu custom, and deemed auspicious. Also keeping with tradition, the wedding will be preceded by days of traditional wedding events and rituals.
On Friday, Indian social media was abuzz with videos from the couple’s sangeet, a ceremony where the bride and groom’s families perform dances for the guests. It also included performances by Bollywood stars like Alia Bhatt, Ranveer Singh and Salman Khan as well as Justin Bieber, who flew to Mumbai for the event, according to local media.
The family also organized a mass wedding for more than 50 underprivileged couples last week, as part of the pre-wedding celebrations.
Extravagant parties are the Ambanis’ specialty and next week’s events are expected to draw more celebrities, billionaires and world leaders.
In March for the pre-wedding bash, the guest list included Bill Gates, Mark Zuckerberg, former leaders of Canada and Qatar as well as Bollywood’s A-list stars like Shah Rukh Khan and Deepika Padukone. In addition to Rihanna, Akon and Diljit Dosanjh, a Punjabi singer who shot to international fame when he performed at Coachella, also took the stage.
In 2018, when his daughter married, Ambani made the headlines because of the grand celebrations, with pop sensation Beyoncé performing at the pre-wedding festivities. At the time, former U.S. Secretaries of State Hillary Clinton and John Kerry were among those who rubbed shoulders with Indian celebrities and Bollywood stars in the western Indian city of Udaipur.
veryGood! (445)
Related
- Nevada attorney general revives 2020 fake electors case
- Patriots fan dies after 'incident' at Gillette Stadium, investigation underway
- Chicago Mayor Unveils Reforms to Fight Environmental Racism
- Four former Iowa Hawkeyes athletes plead guilty to reduced underage gambling charge
- Rylee Arnold Shares a Long
- Mortgage rates unlikely to dip this year, experts say
- Man who allegedly tried to hit people with truck charged with attempted murder
- University of Colorado graduate among those severely ill in France after botulism outbreak
- Juan Soto praise of Mets' future a tough sight for Yankees, but World Series goal remains
- Auto suppliers say if UAW strikes expand to more plants, it could mean the end for many
Ranking
- Jamie Foxx reps say actor was hit in face by a glass at birthday dinner, needed stitches
- Overhaul of Ohio’s K-12 education system is unconstitutional, new lawsuit says
- 3 more defendants seek to move their Georgia election cases to federal court
- 'Hello, humans': Meet Aura, the Las Vegas Sphere's humanoid robots designed to help guests
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- Why Everyone's Buying The Nodpod BODY Weighted Blanket For Home, Travel & More
- Taco Bell employee accused of using customer credit cards to make fraudulent purchases
- Comedian Gary Gulman hopes new memoir will bring readers 'laughter and nostalgia'
Recommendation
The Daily Money: Spending more on holiday travel?
Mischa Barton Reflects on Healing and Changing 20 Years After The O.C.'s Premiere
The video game industry is in uproar over a software pricing change. Here's why
The Talking Heads on the once-in-a-lifetime ‘Stop Making Sense’
Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
Why is the UAW on strike? These are their contract demands as they negotiate with the Big Three
Amazon plans to hire 250,000 workers for holiday season. Target says it will add nearly 100,000
Some Virginia Democrats say livestreamed sex acts a distraction from election’s real stakes