The guest list of the private party held by the Indian billionaire, Mukesh Ambani, in preparation for the marriage of his son Anant, highlighted the Indian businessman who is ranked as the richest man in Asia.
The guest list of nearly 1,200 people included American billionaires Bill Gates and Mark Zuckerberg, Indian billionaires Gautam Adani and Kumar Mangalam Birla, and Bollywood celebrities such as Deepika Padukone, Shah Rukh Khan and Rani Mukherjee.
The elegant costumes worn by the guests also contributed to drawing attention again to Ambani and his financial and economic empire. Who is Mukesh?
Ambani, 66, owns the Reliance Group, a huge conglomerate with annual revenues of $100 billion from oil and gas, telecommunications and retail. He is ranked as the tenth richest man in the world with a net worth of $110 billion, according to “Magazine” magazine.Forbes“.
Reliance was founded by Mukesh Ambani’s father, the late Dhirubhai Ambani, a thread merchant, in 1966, as a small textile manufacturer.
After his father’s death in 2002, Ambani and his younger brother, Anil, divided the family empire.
Under Ambani’s leadership, Reliance sparked a telecom price war with the launch of the 4G phone and Jio broadband service in 2016.
The company currently has more than 420 million subscribers and offers 5G services. In August 2023, Reliance listed its financial arm, Jio Financial Services.
Ambani is active in converting Reliance to green energy. The company will invest $80 billion over the next 10 to 15 years in renewable energy and build a new complex next to its refinery.
The Ambani family owns, among other assets, a 27-storey private residential building, Antilla, worth $1 billion in Mumbai. It includes 3 helipads, a garage that can accommodate 160 cars, a private movie theater, a swimming pool, and a fitness center.
Ambani’s critics say his company flourished mainly because of political connections during the Congress Party governments of the 1970s and 1980s, and then under Prime Minister Narendra Modi after 2014. They say India’s “crony capitalism” has helped some companies, like Ambani’s, thrive , according to “Associated Press“.
Last August, Mukesh Ambani began passing leadership of his financial empire to his two sons and daughter. The eldest son, Akash Ambani, is chairman of Reliance Jio, while his daughter Isha oversees retail, and the youngest, Anant, who is getting married in July, has joined the new energy sector.
The wedding of his son Anant is not the only notable social event in Mukesh’s life. In 2018, when his daughter got married, Ambani made headlines for the grand celebrations, with pop star Beyoncé performing at the pre-wedding celebrations.
Former US Secretary of State Hillary Clinton and John Kerry were among the guests who met Indian celebrities and Bollywood stars in the western Indian city of Udaipur, according to the agency.
The special ceremony, which began on Sunday, will continue for three days in the family’s hometown, Jamnagar, a small city located in western India.
The city, with a population of about 600,000, is located in a semi-desert region of Gujarat state, and is home to the main oil refinery of the Reliance Group’s business empire.
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