The Prague Post - Billionaire bash: India's lavish Ambani nuptials

EUR -
AED 4.283399
AFN 77.711937
ALL 96.60713
AMD 448.793758
ANG 2.087735
AOA 1069.537084
ARS 1699.924762
AUD 1.795784
AWG 2.102335
AZN 1.981338
BAM 1.955345
BBD 2.353943
BDT 142.346913
BGN 1.95639
BHD 0.439671
BIF 3444.684549
BMD 1.166344
BND 1.513142
BOB 8.076088
BRL 6.304671
BSD 1.168723
BTN 102.872647
BWP 15.66136
BYN 3.98134
BYR 22860.34033
BZD 2.350544
CAD 1.636748
CDF 2571.788658
CHF 0.924322
CLF 0.028576
CLP 1121.031139
CNY 8.312591
CNH 8.309197
COP 4498.250161
CRC 586.66615
CUC 1.166344
CUP 30.908113
CVE 110.238903
CZK 24.307543
DJF 208.120732
DKK 7.468368
DOP 73.913136
DZD 151.463714
EGP 55.429093
ERN 17.495158
ETB 173.708023
FJD 2.680148
FKP 0.869256
GBP 0.868326
GEL 3.152088
GGP 0.869256
GHS 12.534033
GIP 0.869256
GMD 83.976721
GNF 10141.642671
GTQ 8.951881
GYD 244.472127
HKD 9.059903
HNL 30.694865
HRK 7.534463
HTG 153.273716
HUF 389.694208
IDR 19322.469395
ILS 3.859187
IMP 0.869256
INR 102.568865
IQD 1531.037561
IRR 49059.339303
ISK 141.815409
JEP 0.869256
JMD 187.826342
JOD 0.826952
JPY 175.414622
KES 150.947864
KGS 101.997173
KHR 4703.886461
KMF 492.78065
KPW 1049.709545
KRW 1658.325233
KWD 0.356913
KYD 0.973969
KZT 628.721164
LAK 25360.778969
LBP 104658.921685
LKR 353.846235
LRD 213.869371
LSL 20.379901
LTL 3.443911
LVL 0.705509
LYD 6.343498
MAD 10.68737
MDL 19.710165
MGA 5198.79159
MKD 61.611244
MMK 2449.133229
MNT 4192.336474
MOP 9.349787
MRU 46.739336
MUR 52.520943
MVR 17.84785
MWK 2026.528952
MXN 21.450621
MYR 4.929009
MZN 74.541439
NAD 20.380075
NGN 1715.271912
NIO 43.010003
NOK 11.732451
NPR 164.596741
NZD 2.032867
OMR 0.448478
PAB 1.168723
PEN 3.95728
PGK 4.984841
PHP 67.911583
PKR 330.850379
PLN 4.239669
PYG 8295.107441
QAR 4.259992
RON 5.08829
RSD 117.180257
RUB 94.679187
RWF 1696.405687
SAR 4.374327
SBD 9.607609
SCR 16.309215
SDG 701.541385
SEK 10.992126
SGD 1.50933
SHP 0.87506
SLE 26.965613
SLL 24457.647744
SOS 667.944743
SRD 45.972642
STD 24140.963775
STN 24.494307
SVC 10.226579
SYP 15164.618689
SZL 20.373177
THB 38.141753
TJS 10.781348
TMT 4.082204
TND 3.412492
TOP 2.731692
TRY 48.937294
TTD 7.927123
TWD 35.67554
TZS 2875.037805
UAH 48.777862
UGX 4085.032961
USD 1.166344
UYU 46.788924
UZS 14212.696393
VES 234.688977
VND 30730.828929
VUV 142.922898
WST 3.276253
XAF 655.804564
XAG 0.022457
XAU 0.000274
XCD 3.152103
XCG 2.106301
XDR 0.81561
XOF 655.801754
XPF 119.331742
YER 278.636751
ZAR 20.194315
ZMK 10498.494704
ZMW 26.500727
ZWL 375.562258
  • RBGPF

    0.0000

    79.09

    0%

  • RYCEF

    -0.3900

    14.91

    -2.62%

  • CMSC

    0.3801

    24.1

    +1.58%

  • RIO

    -0.7300

    68.02

    -1.07%

  • SCS

    -0.0100

    16.55

    -0.06%

  • RELX

    0.0100

    45.23

    +0.02%

  • GSK

    0.1400

    43.91

    +0.32%

  • BTI

    0.4800

    51.62

    +0.93%

  • NGG

    1.0500

    76.95

    +1.36%

  • BCC

    0.1900

    71.03

    +0.27%

  • VOD

    0.1900

    11.67

    +1.63%

  • AZN

    0.8600

    84.69

    +1.02%

  • JRI

    -0.0100

    13.77

    -0.07%

  • BCE

    0.5700

    24.26

    +2.35%

  • BP

    0.3500

    33.13

    +1.06%

  • CMSD

    0.2000

    24.29

    +0.82%

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.

N.Simek--TPP