Dubai Telegraph - Billionaire bash: India's lavish Ambani nuptials

EUR -
AED 3.865039
AFN 71.961868
ALL 97.885367
AMD 409.705534
ANG 1.898038
AOA 960.733931
ARS 1055.061215
AUD 1.613881
AWG 1.894109
AZN 1.787029
BAM 1.951539
BBD 2.126437
BDT 125.855234
BGN 1.956342
BHD 0.396578
BIF 3110.579445
BMD 1.052283
BND 1.414399
BOB 7.293078
BRL 6.086683
BSD 1.053191
BTN 88.848028
BWP 14.387453
BYN 3.446543
BYR 20624.740218
BZD 2.122845
CAD 1.469502
CDF 3014.78969
CHF 0.929776
CLF 0.037101
CLP 1023.776253
CNY 7.619996
CNH 7.625593
COP 4626.455438
CRC 534.824751
CUC 1.052283
CUP 27.885491
CVE 110.024795
CZK 25.350861
DJF 187.538784
DKK 7.458788
DOP 63.520417
DZD 140.573397
EGP 52.274979
ERN 15.78424
ETB 131.306162
FJD 2.388363
FKP 0.830585
GBP 0.832524
GEL 2.883571
GGP 0.830585
GHS 16.7185
GIP 0.830585
GMD 74.71233
GNF 9078.051459
GTQ 8.13025
GYD 220.338958
HKD 8.189863
HNL 26.613518
HRK 7.506205
HTG 138.346648
HUF 411.186809
IDR 16734.714279
ILS 3.929639
IMP 0.830585
INR 88.911049
IQD 1379.588093
IRR 44293.214291
ISK 145.520299
JEP 0.830585
JMD 166.933965
JOD 0.746386
JPY 162.676061
KES 136.007134
KGS 91.02957
KHR 4249.68174
KMF 491.94202
KPW 947.053999
KRW 1471.222726
KWD 0.323672
KYD 0.877684
KZT 523.167824
LAK 23125.51255
LBP 94319.785398
LKR 306.411046
LRD 190.622024
LSL 19.101997
LTL 3.107117
LVL 0.636515
LYD 5.138732
MAD 10.521031
MDL 19.167154
MGA 4930.189594
MKD 61.546561
MMK 3417.773046
MNT 3575.656436
MOP 8.443666
MRU 41.866002
MUR 48.839087
MVR 16.268296
MWK 1826.195708
MXN 21.380416
MYR 4.698412
MZN 67.293799
NAD 19.101997
NGN 1768.455747
NIO 38.755022
NOK 11.613586
NPR 142.154623
NZD 1.792324
OMR 0.40513
PAB 1.053101
PEN 3.996674
PGK 4.239684
PHP 62.126243
PKR 292.773138
PLN 4.342422
PYG 8247.914831
QAR 3.840515
RON 4.977085
RSD 117.020141
RUB 106.281009
RWF 1452.315514
SAR 3.95054
SBD 8.79238
SCR 14.332083
SDG 632.944958
SEK 11.610939
SGD 1.413951
SHP 0.830585
SLE 23.75528
SLL 22065.84631
SOS 601.88026
SRD 37.282669
STD 21780.126598
SVC 9.214882
SYP 2643.891613
SZL 19.091139
THB 36.458458
TJS 11.216013
TMT 3.682989
TND 3.324243
TOP 2.464553
TRY 36.27081
TTD 7.130433
TWD 34.270209
TZS 2791.031424
UAH 43.426878
UGX 3886.514989
USD 1.052283
UYU 45.021709
UZS 13526.469111
VES 48.861031
VND 26751.65603
VUV 124.929112
WST 2.937543
XAF 654.521833
XAG 0.033884
XAU 0.000395
XCD 2.843846
XDR 0.801343
XOF 654.521833
XPF 119.331742
YER 262.991742
ZAR 19.064031
ZMK 9471.810193
ZMW 29.146091
ZWL 338.834589
  • JRI

    0.0500

    13.28

    +0.38%

  • RBGPF

    -0.5000

    59.69

    -0.84%

  • CMSC

    0.1200

    24.64

    +0.49%

  • BCC

    1.8770

    139.287

    +1.35%

  • CMSD

    0.0700

    24.33

    +0.29%

  • SCS

    0.1200

    13.19

    +0.91%

  • BCE

    -0.3950

    26.605

    -1.48%

  • NGG

    -0.2450

    63.025

    -0.39%

  • RIO

    -0.0250

    62.365

    -0.04%

  • GSK

    0.1450

    33.495

    +0.43%

  • VOD

    -0.1050

    8.835

    -1.19%

  • RYCEF

    0.1800

    6.79

    +2.65%

  • BTI

    -0.0950

    36.985

    -0.26%

  • AZN

    0.7000

    63.9

    +1.1%

  • RELX

    0.5200

    45.63

    +1.14%

  • BP

    0.3150

    29.395

    +1.07%

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.

S.Saleem--DT