Current:Home > MarketsA party like no other? Asia’s richest man celebrates son’s prenuptials with a star-studded bash -TradeWisdom
A party like no other? Asia’s richest man celebrates son’s prenuptials with a star-studded bash
View
Date:2025-04-16 22:25:05
NEW DELHI (AP) — What happens when the son of Asia’s richest man is about to get married?
His father throws a three-day prenuptial bash four months before the actual ceremony.
Tycoons from around the world, heads of state, as well as Hollywood and Bollywood stars descended on the small western Indian city of Jamnagar on Friday where billionaire industrialist Mukesh Ambani is kickstarting a big fat wedding celebration for his youngest son.
The nearly 1,200-person guest list includes pop superstar Rihanna, Bill Gates, Mark Zuckerberg, Sunder Picha, Ivanka Trump and Bollywood celebrity Shah Rukh Khan.
All eyes are on Anant Ambani, 28, and his long-time girlfriend Radhika Merchant, 29, who will tie the know in July. Radhika is the daughter of Viren Merchant, CEO of Encore Healthcare Pvt. Ltd., and entrepreneur Shaila Merchant.
Such festivities keep up with the Ambani family’s tradition of lavish and over-the-top parties while displaying the Indian billionaire’s economic and political clout
This photograph released by the Reliance group shows from L to R, Jared Kushner, daughter Arabella and Ivanka Trump posing for a photograph with billionaire industrialist Mukesh Ambani, right, at a pre-wedding bash of Ambani’s son Anant Ambani in Jamnagar, India, Friday, Mar. 01, 2024. (Reliance group via AP)
Here is everything you need to know about the family and the prenuptial bash that captivated the country.
Who is Mukesh Ambani?
Mukesh Ambani, 66, is currently the world’s 10th richest man with a net worth of $115bn, 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.
Under Ambani’s leadership, Reliance — founded by his father in 1966 — sparked a telecom price war with the launch of the 4G phone and broadband service Jio in 2016. Today, it has more than 420 million subscribers and offers 5G services. Earlier this week, Disney struck an $8.5bn deal to merge its India business with Ambani’s Reliance Industries, forming a new media giant.
The Ambani family owns, among other assets, a 27-storey private apartment building, named Antila, worth $1 billion in Mumbai. It has three helipads, a 160-car garage, a private movie theatre, 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.
Mukesh Ambani, 66, has started passing the torch to his two sons and daughter. The oldest son, Akash Ambani, is now chairperson of Reliance Jio; his daughter, Isha, oversees retail; and the youngest, Anant — who will wed in July— has been inducted into the new energy business.
Do you want a party like no other? The Ambanis have your back
Extravagant parties are the Ambani’s specialty.
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 Udaipur city.
Later that year, the happy couple, Isha Ambani and Anand Piramal, officially celebrated their engagement overlooking the picturesque Lake Como in Italy. In December 2018, they got married at the Ambani residence in Mumbai.
Murray Auchincloss, left, CEO of BP and Bob Dudley, former CEO of BP, pose for a photograph as they arrive to attend a pre-wedding bash of billionaire industrialist Mukesh Ambani’s son Anant Ambani, in Jamnagar, India, Friday, March 1, 2024. (AP Photo/Ajit Solanki)
What is so fascinating about the pre-wedding shindig?
The three-day pre-wedding bash offers a glimpse of the opulence expected at the July wedding.
The Ambanis are celebrating it at the family’s hometown of Jamnagar — a city of around 600,000 in a near-desert part of Gujarat state — where they also have the business’ main oil refinery.
Guests will don jungle-themed outfits to visit an animal rescue center run by the groom-to-be, Anant. Known as “Vantara,” or “Star Of The Forest,” the 3,000-acre (about 1,200-hectare) center houses abused, injured and endangered animals, particularly elephants.
The invitation also says guests will start each day with a new dress code, with mood boards and an army of hair stylists, makeup artists and Indian wear designers at their hotel to help them prepare.
Bollywood actors Ranveer Singh, left and Deepika Padukone arrive at airport to attend the pre-wedding celebrations of Anant Ambani and Radhika Merchant in Jamnagar, India, Thursday, Feb. 29, 2024. (AP Photo/Ajit Solanki)
There will also be traditional Hindu ceremonies in a temple complex.
The guests, many arriving by chartered planes, will be served 500 dishes created by around 100 chefs.
The guest list also includes Mohammed Bin Jassim al Thani, the prime minister of Qatar; Stephen Harper, former Canadian prime minister; and Bhutan’s King Jigme Khesar Namgyal Wangchuck and Queen Jetsun Pema.
On Wednesday, the Ambani family organized a community food service for 51,000 people living in nearby villages.
veryGood! (73148)
Related
- Why members of two of EPA's influential science advisory committees were let go
- Boy trapped between large boulders for 9 hours saved by New Hampshire firefighters
- Ellen DeGeneres Addresses Workplace Scandal in Teaser for Final Comedy Special
- Xandra Pohl Fuels Danny Amendola Dating Rumors at Dancing With the Stars Taping
- Tree trimmer dead after getting caught in wood chipper at Florida town hall
- Where These Bachelor Nation Couples Stand Before Golden Bachelorette Joan Vassos' Journey
- Honolulu Police Department is adding dozens of extra police officers to westside patrols
- New Jersey voters are set to pick a successor to late congressman in special election
- Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
- US nuclear repository is among the federally owned spots identified for renewable energy projects
Ranking
- Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
- Sean “Diddy” Combs Arrest: Lawyer Says He’s in “Treatment and Therapy” Amid Sex Trafficking Charges
- 'Bachelorette' contestant Devin Strader's ex took out restraining order after burglary
- Florida sheriff posts mug shot of 11-year-old charged in fake school shooting threat
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- Partial lunar eclipse occurs during Harvest supermoon: See the stunning photos
- DWTS’ Stephen Nedoroscik Shares the Advice He Got From Girlfriend Tess McCracken for Emmys Date Night
- New Study Suggests Major Climate Reports May Be Underestimating Drought Risks
Recommendation
DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
The Secret Service again faces scrutiny after another gunman targets Trump
How can I resolve a hostile email exchange before it escalates? Ask HR
Boar's Head to 'permanently discontinue' liverwurst after fatal listeria outbreak
Biden administration makes final diplomatic push for stability across a turbulent Mideast
New York man hit by stray police bullet needed cranial surgery, cousin says
Heat Protectants That Will Save Your Hair From Getting Fried
Shohei Ohtani hits HR No. 48, but Los Angeles Dodgers fall to Miami Marlins