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Monday May 06, 2024

Ambani pre-wedding ceremony cost Rs41.82bn

Nita Ambani, was wearing a necklace of emeralds and diamonds, value of which to be around 16 billion, 81 crore rupees (500 crore Indian rupees)

By Rafique Mangat
March 10, 2024
Nita Ambani (left) and Anant Ambani pictured with Radhika Merchant. — GorsbyGroup/File
Nita Ambani (left) and Anant Ambani pictured with Radhika Merchant. — GorsbyGroup/File

KARACHI: The pre-wedding ceremony of Anant Ambani, the youngest son of billionaire tycoon Mukesh Ambani and Radhika Merchant, according to British media, cost Rs41.82 billion ($150 million).

According to Indian media, Mukesh Ambani’s wife, Nita Ambani, was wearing a necklace of emeralds and diamonds, the value of which is estimated to be around 16 billion, 81 crore rupees (500 crore Indian rupees). She also wore stunning earrings, bangles and rings. The price of the 52.58 carat ‘Mirror of Paradise’ diamond ring is 1 billion 78 crore rupees (53 crore Indian rupees). In a viral video during the close-up, Zuckerberg and his wife Priscilla are stunned to see Anant Ambani’s Richard Mille timepiece. According to the report, this watch has “eight thousand carats of gold and diamonds” and its price is more than 61 crore rupees (18.2 crore Indian rupees). According to Bloomberg, earlier in 2018, Ambani made his daughter Isha’s wedding the most expensive wedding in India, costing 27 billion 70 crore rupees (one hundred million dollars).

Some of the world’s richest people were also present at the event, three of whom had a combined wealth of more than Pakistan’s total GDP, according to Forbes’ March list of attendees at this unique event. Zuckerberg’s wealth is 480 trillion and 58 billion rupees (172.3 billion dollars), the wealth of Microsoft founder Bill Gates is 335 trillion and 62 billion rupees (127.5 billion dollars), the wealth of India’s second richest man Gautam Edani is 287 trillion and 29 billion rupees (103 billion dollars), which is a total of 1,123 trillion 49 billion rupees (402.8 billion dollars).

According to IMF estimates in February this year, Pakistan’s GDP is 950 trillion 11 billion rupees (340.64 billion dollars). The wealth of Mukesh Ambani, the host of pre-wedding ceremony, is Rs319 trillion, 8 billion rupees (114.4 billion dollars). Among the guests were those whose wealth is more than one billion dollars.

Adar Poonewala Rs58 trillion, 57 billion ($21 billion), Kumar Mangalam Birla Rs50 trillion, 76 billion ($18.2 billion), Uday Kotak Rs38 trillion, Rs21 billion ($13.7 billion), Sanjeev Jeevanka Rs9 trillion, Rs76 billion ($3.5 billion) and Anand Mahender Rs8 trillion, Rs8 billion ($2.9 billion). There were dozens of other guests whose wealth is around one billion dollars.