Mukesh Ambani’s net worth has experienced a significant increase by a whopping amount over the past ten days, elevating him to the 11th position on the global rich list. This financial boost follows the extravagant wedding of his youngest son, Anant Ambani.
Anant Ambani and Radhika Merchant’s wedding, which took place on July 12, 2024, has been the talk of the town. Despite the enormous celebration expenditure, Ambani’s wealth has notably expanded. Reports suggest that just ten days after the wedding, his net worth surged by approximately ₹25,000 crore (around USD 3 billion), as per the Bloomberg Billionaire Index.
Lavish Gifts and Celebrations:
In addition to the grand celebrations, Mukesh and Nita Ambani gifted the newlyweds an opulent mansion in Palm Jumeirah. This 3,000-square-foot property boasts ten bedrooms and a private beach, valued at ₹640 crore.
Expenditure Details:
The wedding festivities, which began in March 2024 with a grand pre-wedding bash in Jamnagar and continued with a cruise celebration in Italy, involved substantial costs. Renowned performers, including Justin Bieber, who was reportedly paid ₹83 crore, entertained guests throughout the event. Overall, the wedding expenses are estimated to have exceeded ₹5,000 crore, which represents 0.5% of Mukesh Ambani’s net worth.
In an interview with Vogue India, Radhika Merchant praised Nita Ambani for her role in organizing the wedding, referring to her as the “CEO” of the event. Radhika acknowledged Nita’s dedication and vision, which brought their dream celebration to life.
Congratulations to Mukesh Ambani on this notable financial achievement!