Mukesh Ambani earns INR25,000 crore from his son Anant's lavish wedding

Mukesh Ambani earns INR25,000 crore from his son Anant's lavish wedding

The share price of Reliance Industries also saw an increase.
Mukesh Ambani earns INR25,000 crore from his son Anant's lavish wedding

Web Desk

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22 Jul 2024

India's richest businessman, Mukesh Ambani, has seen his wealth increase by a staggering INR25,000 crore (approximately $3 billion) following his son Anant Ambani's grand wedding celebrations.

The wedding was a 7-month-long extravaganza that saw the who's who of India and the world in attendance.

Indian Prime Minister Narendra Modi, Reality TV stars Kim and Khloe Kardashian, Samsung Chairman Lee Jae-Yong, John Cena, Nick Jonas, Priyanka Chopra, and cricketers Ishan Kishan, Hardik Pandya, and Krunal Pandya attended the wedding.

Bollywood superstars Shah Rukh Khan, Salman Khan, Deepika Padukone, Varun Dhawan, Ananya Panday, Arjun Kapoor, Ranbir Kapoor, Alia Bhatt, Shaheen Bhatt, Aditya Roy Kapur and various Indian celebrities from different fields were also present.

Foreign dignitaries, including Ivanka Trump and former British Prime Minister Tony Blair, also graced the occasion.

According to reports, the wedding expenses amounted to a whopping INR5,000 crore. However, despite this, Mukesh Ambani's wealth has not decreased but instead increased.

As per Bloomberg's report, Ambani's assets valued at $118 billion on July 5 surged to $121 billion on July 12, propelling him to the 11th spot in the list of the world's richest people.

The share price of Reliance Industries also saw a one percent increase on the day of the wedding. In the last month, the share price has risen by over 6 percent.

Anant Ambani tied the knot with his long-time girlfriend Radhika Merchant on July 12 at the Jio World Convention Centre in Mumbai, with the bride and groom exchanging Varmalas in the presence of their loved ones.

In March, Ambani threw a three-day party, in which 1,200 guests, including former world leaders, tech leaders, Bollywood movie stars, and even the singer Rihanna, were invited.

The Ambani family, in May, took guests on a 3-day cruise trip from Italy to France.

The Ambani family's penchant for extravagance and luxurious celebrations has been well-documented, and this wedding was no exception.

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