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Asia’s richest man Mukesh Ambani is set to throw a grand wedding for his son. Here’s what to know

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Asia’s richest man Mukesh Ambani is set to throw a grand wedding for his son. Here’s what to know


The father of the groom is Mukesh Ambani, 66, currently the world’s 9th richest man with a net worth of US$116 billion, according to Forbes. He is also the richest person in Asia.

His Reliance Industries is a massive conglomerate, reporting over US$100 billion in annual revenue, with interests ranging from petrochemicals, and oil and gas to telecoms and retail.

The Ambani family owns, among other assets, a 27-storey private apartment building, named Antila, worth US$1 billion in Mumbai. It has three helipads, a 160-car garage, a private movie theater, 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.

The family patriarch has started passing the torch to his two sons and daughter. The oldest son, Akash Ambani, is now chairperson of Reliance Jio, their telecoms business; his daughter, Isha, oversees retail, while the groom Anant, the youngest, has been inducted into the new energy business.

WHO ARE THE BRIDE AND GROOM?



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