Anant Ambani's Wealth: Detailed Analysis
The young scion of India's richest man, Anant Ambani, tied the knot in grand style with Radhika Merchant in 2024. With a star-studded guest list that included the likes of Mark Zuckerberg, Bill Gates, Rihanna, Kim Kardashian, and David Beckham, this wedding was nothing short of spectacular. It was christened "India's wedding of the year," thanks to its opulence and the presence of A-list celebrities.
The pre-wedding fervor caught the world's attention, with the local airport in Gujarat being granted temporary international status and a $900 million cruise sailing between Palermo and Portofino in Italy. Yes, you read that right — a $900 million cruise! Now that's some serious lavishness.
But enough about the glitz and glamour, let's dive into Anant's fortune. Estimated to be around $40 billion, most of his wealth comes from his inheritance and the booming empire of his father, Mukesh Ambani, the chairman of Reliance Industries[1]. Anant followed in the footsteps of his older siblings by pursuing his education in the US, earning a degree from Brown University.
Since 2020, he's been making a killing by serving as a director of Reliance's energy business and taking the reins on the company's green energy operations, aiming to make Reliance carbon neutral by 2035[1]. In addition, he's the director of the multinational tech company Jio Platforms Limited, which is planning to go public[2]. If successful, Jio Platforms could become the world's sixth largest telecommunications company[2].
Anant also owns the Indian Premier League cricket team, Mumbai Indians, one of the most successful cricket teams in the league. On the philanthropic front, his wife, Radhika Merchant, is a board member of her family's private pharmaceutical company, Encore Healthcare, and her family's net worth is estimated to be around $90 million[3].
Mukesh Ambani, Anant's father, is India's wealthiest man, with a net worth of over $100 billion[3]. His father, Dhirubhai Ambani, founded Reliance Industries as a small commodity trading firm in 1958. Today, the company encompasses energy, textiles, retail, and telecommunications, making it India's largest public company by market capitalization[3].
Interestingly, the Ambanis don't limit their influence to India alone. The family has ventured into various big-name businesses in the UK, such as buying toy retailer Hamleys in 2019 and the historic British private sporting estate, Stoke Park, for £57 million in 2021[3]. In 2025, Mukesh Ambani reintroduced fast fashion brand Shein to Indian markets through his retail platform Ajio[2].
So, there you have it — a taste of the Ambanis' expansive fortune, the glamour of their weddings, and their international business ventures. The Ambanis are indeed an intriguing blend of wealth, power, and influence. Get ready to be fascinated!
[1] Reliance Industries FY2025 results: The company reports a profit after tax of $9.5 billion.[2] Reliance's Jio Platforms aiming to go public, potentially reaching an enterprise value of $136-154 billion.[3] Times of India article: Estimated net worth of the Merchant family.[4] Information about Vantara animal sanctuary project from Various online sources.
- Anant Ambani, the director of Reliance's energy business and Jio Platforms Limited, is not only a key player in personal finance through his vast inheritance and business ventures, but he also shows interest in entertainment, owning the Indian Premier League cricket team, Mumbai Indians.
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- With a focus on sports and celebrity culture, The Ambani Update also provides insights into the extravagant lifestyles of celebrities like Kim Kardashian, David Beckham, and even some A-list guests at Anant Ambani's extravagant wedding as they mingle with the world of sports and entertainment.
