Mumbai (Pakistan News Online) Wedding of Mukesh Ambani’s son, Anant Ambani, was a global spectacle, with celebrations lasting for seven months. The wedding ceremonies, which started on July 12, continued until July 14, attended by Indian Prime Minister Narendra Modi, former British Prime Minister Tony Blair, Samsung Chairman Lee Jae-yong, and several Bollywood celebrities.
According to Indian media reports, despite the extravagant expenses of Anant Ambani’s wedding, Mukesh Ambani’s wealth did not decrease. Instead, his fortune increased by 250 billion Indian Rupees (approximately 3 billion USD) after the wedding.
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Bloomberg Billionaires Index estimated Mukesh Ambani’s wealth to be $118 billion on July 5, which rose to $121 billion by July 12. Indian media reports suggest that the arrival of the new daughter-in-law, Radhika Merchant, added $3 billion (250 billion Indian Rupees) to Mukesh Ambani’s wealth.
Bloomberg’s report stated that Mukesh Ambani’s assets were valued at $118 billion on July 5. By July 12, his assets had increased to $121 billion, moving him up to 11th place on the list of the world’s richest individuals.
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Indian media also reported that on July 12, the day of his son’s wedding, the share price of Reliance Industries increased by one percent, boosting Ambani’s assets. Over the past month, the share price of Reliance Industries had risen by more than six percent.
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