Meet the Ambanis, who live in a $1 billion skyscraper and are hosting another lavish wedding (2024)

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The Ambanis are one of Asia's richest families. The Indian family's massive wealth began with Dhirubhai Ambani, who founded Reliance Industries to manufacture fabrics and textiles. Reliance Industries is worth nearly $260 billion, and is one of the most valuable companies in India. Dhirubhai died in 2002 at age 69 without a will, leaving his company to be run by his sons Mukesh and Anil. A bitter succession battle between the two brothers followed their father's death and resulted in a rivalrous relationship between Mukesh and Anil. In 2005, the brothers agreed to split control, with Mukesh overseeing oil and gas operations. Anil Ambani is chairman of Reliance Group but has only a fraction of his older brother's wealth. Mukesh Ambani is married to Nita Ambani. Nita is the chair of Reliance Foundation, the company's charitable organization. Nita and Mukesh have three children, with the youngest Anant, 29 Then there are 32-year-old twins Isha and Akash Ambani. Akash is a board member at Reliance Jio. Both he and his twin sister studied at Ivy League universities in the US, Akash at Brown University ... Akash is married to his high school sweetheart, Shloka Mehta, the daughter of a well-known diamond merchant. Mehta reportedly studied at Princeton University and the London School of Economics. They were married in Mumbai in March 2019. Akash's twin sister, Isha, is on the board of Reliance Retail, and is a co-director for the telecoms arm Jio. Isha married Anand Piramal in December 2018. The pre-wedding celebrations included a private concert by Beyoncé. The wedding ceremony was held at the Ambani residence in Mumbai. An estimated 600 guests attended the extravagant wedding, which some reports said cost about $100 million. A Reliance spokesman said it cost no more than $15 million. Vintage cars carried guests during the wedding procession. Brothers Akash and Anant rode in on horseback. The celebration included dance performances and sightings of many high-profile guests ... ... including former Secretary of State and presidential candidate Hillary Clinton with her longtime aide, Huma Abedin ... actor Priyanka Chopra and her husband, Nick Jonas ... The Ambanis family live in a 27-story skyscraper in Mumbai that cost an estimated $1 billion called Antilia, named after a mythical Atlantic island. Antilia includes swimming pools, ballrooms, a garden that spans three floors, six floors of parking, and three helipads. A staff of 600 run the home. Trees surrounding the skyscraper were decorated for Isha's wedding. Isha and her husband moved into a bungalow in Mumbai called Gulita. Mukesh Ambani's three children are all involved in the family business, but succession plans remain unclear. Anant Ambani and Radhika Merchant threw more glitzy pre-wedding parties in June. The couple's wedding is expected to be held from July 12 to 14. FAQs

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Meet the Ambanis, who live in a $1 billion skyscraper and are hosting another lavish wedding (1)

  • Mukesh Ambani is worth $121 billion, according to the Bloomberg Billionaires Index.
  • The world's 11th-richest person controls India's Reliance Industries.
  • The Ambanis live in a 27-story skyscraper in Mumbai thought to have cost $1 billion.

Meet the Ambanis, who live in a $1 billion skyscraper and are hosting another lavish wedding (2)

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Meet the Ambanis, who live in a $1 billion skyscraper and are hosting another lavish wedding (4)

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Mukesh Ambani, the richest person in India and 11th-richest person in the world, is kicking off pre-wedding celebrations for his son Anant this weekend.

Mukesh Ambani is worth $121 billion per the Bloomberg Billionaires Index.

He's the owner and chairman of Reliance Industries, a massive conglomerate that includes telecom arm Jio Platforms, which has been thriving due to a "flurry" of investmentsin recent years, per Fortune.

The Ambanis made headlines in 2018 for throwing one of the most lavish wedding celebrations ever for Isha Ambani and Anand Piramal. It included a private Beyoncé concert and celebrity guests including Priyanka Chopra and Nick Jonas, Hillary Clinton, and Arianna Huffington.

In March the family is staging an extravagant three-day pre-wedding celebration for Anant, Mukesh Ambani's youngest son. Tech heavyweights such as Bill Gates and Mark Zuckerberg were among the 1,200 guests attending the festivities, The Guardian reported. Rihanna performed at one of the celebrations.

The Ambani family home in Mumbai is a 27-story skyscraper that cost an estimated $1 billion to build.

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Here's a look at the Ambani family's fortune, relationships, friends, and lavish lifestyles.

Katie Warren contributed to an earlier version of this story.

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The Ambanis are one of Asia's richest families.

Meet the Ambanis, who live in a $1 billion skyscraper and are hosting another lavish wedding (5)

The family patriarch, Mukesh Ambani, has an estimated net worth of $121 billion, making him the 11th-richest person in the world, according to Bloomberg.

The Indian family's massive wealth began with Dhirubhai Ambani, who founded Reliance Industries to manufacture fabrics and textiles.

Meet the Ambanis, who live in a $1 billion skyscraper and are hosting another lavish wedding (6)

Source: Bloomberg,Fortune

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Reliance Industries is worth nearly $260 billion, and is one of the most valuable companies in India.

Meet the Ambanis, who live in a $1 billion skyscraper and are hosting another lavish wedding (7)

Reuters

Source: Bloomberg,Fortune

Dhirubhai died in 2002 at age 69 without a will, leaving his company to be run by his sons Mukesh and Anil.

Meet the Ambanis, who live in a $1 billion skyscraper and are hosting another lavish wedding (8)

Source: Bloomberg

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A bitter succession battle between the two brothers followed their father's death and resulted in a rivalrous relationship between Mukesh and Anil.

Meet the Ambanis, who live in a $1 billion skyscraper and are hosting another lavish wedding (9)

Ultimately, Mukesh was left in charge of the majority of Reliance.

In 2005, the brothers agreed to split control, with Mukesh overseeing oil and gas operations.

Meet the Ambanis, who live in a $1 billion skyscraper and are hosting another lavish wedding (10)

Anil took over construction, telecommunications, asset management, entertainment and power generation businesses.

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Anil Ambani is chairman of Reliance Group but has only a fraction of his older brother's wealth.

Meet the Ambanis, who live in a $1 billion skyscraper and are hosting another lavish wedding (11)

Reuters

Bloomberg reported that 2018 saw Anil's businesses suffer from "legal and liquidity challenges."

Indian media reported in September 2018 that Anil's "cash-strapped" Reliance Communications will quit the telecom business and turn to real estate.

In early 2020, Anil told a UK court that his net worth was in fact "zero" and that he was bankrupt.

Mukesh Ambani is married to Nita Ambani.

Meet the Ambanis, who live in a $1 billion skyscraper and are hosting another lavish wedding (12)

Reuters

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Nita is the chair of Reliance Foundation, the company's charitable organization.

Meet the Ambanis, who live in a $1 billion skyscraper and are hosting another lavish wedding (13)

Getty Images

She's also involved with the company's sports ventures as well as marketing and branding strategy for Reliance Jio Infocomm, Reliance's mobile network operator.

Nita and Mukesh have three children, with the youngest Anant, 29

Meet the Ambanis, who live in a $1 billion skyscraper and are hosting another lavish wedding (14)

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Then there are 32-year-old twins Isha and Akash Ambani.

Meet the Ambanis, who live in a $1 billion skyscraper and are hosting another lavish wedding (15)

Akash is a board member at Reliance Jio. Both he and his twin sister studied at Ivy League universities in the US, Akash at Brown University ...

Meet the Ambanis, who live in a $1 billion skyscraper and are hosting another lavish wedding (16)

Getty Images

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Akash is married to his high school sweetheart, Shloka Mehta, the daughter of a well-known diamond merchant. Mehta reportedly studied at Princeton University and the London School of Economics.

Meet the Ambanis, who live in a $1 billion skyscraper and are hosting another lavish wedding (17)

Source: Forbes, South China Morning Post

They were married in Mumbai in March 2019.

Meet the Ambanis, who live in a $1 billion skyscraper and are hosting another lavish wedding (18)

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Akash's twin sister, Isha, is on the board of Reliance Retail, and is a co-director for the telecoms arm Jio.

Meet the Ambanis, who live in a $1 billion skyscraper and are hosting another lavish wedding (19)

She previously worked at management consulting firm McKinsey in New York.

Source: Business Insider

Isha married Anand Piramal in December 2018.

Meet the Ambanis, who live in a $1 billion skyscraper and are hosting another lavish wedding (20)

Source:Business Insider

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The pre-wedding celebrations included a private concert by Beyoncé.

Meet the Ambanis, who live in a $1 billion skyscraper and are hosting another lavish wedding (21)

Kevin Mazur/WireImage for Parkwood

A post shared by Beyoncé (@beyonce)

Source: Business Insider

The wedding ceremony was held at the Ambani residence in Mumbai.

Meet the Ambanis, who live in a $1 billion skyscraper and are hosting another lavish wedding (22)

Source: Business Insider

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An estimated 600 guests attended the extravagant wedding, which some reports said cost about $100 million. A Reliance spokesman said it cost no more than $15 million.

Meet the Ambanis, who live in a $1 billion skyscraper and are hosting another lavish wedding (23)

Source: Forbes

Vintage cars carried guests during the wedding procession.

Meet the Ambanis, who live in a $1 billion skyscraper and are hosting another lavish wedding (24)

Getty Images

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Brothers Akash and Anant rode in on horseback.

Meet the Ambanis, who live in a $1 billion skyscraper and are hosting another lavish wedding (25)

Getty Images

The celebration included dance performances and sightings of many high-profile guests ...

Meet the Ambanis, who live in a $1 billion skyscraper and are hosting another lavish wedding (26)

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... including former Secretary of State and presidential candidate Hillary Clinton with her longtime aide, Huma Abedin

Meet the Ambanis, who live in a $1 billion skyscraper and are hosting another lavish wedding (27)

Associated Press

... actor Priyanka Chopra and her husband, Nick Jonas ...

Meet the Ambanis, who live in a $1 billion skyscraper and are hosting another lavish wedding (28)

Reuters

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The Ambanis family live in a 27-story skyscraper in Mumbai that cost an estimated $1 billion called Antilia, named after a mythical Atlantic island.

Meet the Ambanis, who live in a $1 billion skyscraper and are hosting another lavish wedding (29)

Reuters

Source: Business Insider

Antilia includes swimming pools, ballrooms, a garden that spans three floors, six floors of parking, and three helipads. A staff of 600 run the home.

Meet the Ambanis, who live in a $1 billion skyscraper and are hosting another lavish wedding (30)

Source:Business Insider

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Trees surrounding the skyscraper were decorated for Isha's wedding.

Meet the Ambanis, who live in a $1 billion skyscraper and are hosting another lavish wedding (31)

Reuters

Source:Business Insider

Isha and her husband moved into a bungalow in Mumbai called Gulita.

Meet the Ambanis, who live in a $1 billion skyscraper and are hosting another lavish wedding (32)

Reuters

Source: Reuters

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Mukesh Ambani's three children are all involved in the family business, but succession plans remain unclear.

Meet the Ambanis, who live in a $1 billion skyscraper and are hosting another lavish wedding (33)

Anant Ambani and Radhika Merchant threw more glitzy pre-wedding parties in June.

Meet the Ambanis, who live in a $1 billion skyscraper and are hosting another lavish wedding (34)

The couple and a large group of their guests went on a luxury cruise that stopped over in Cannes, France and Portofino, Italy. They took over a plaza where Italian singer Andrea Bocelli performed, the Hindustan Times reported.

Pop star Katy Perry performed some of her hits, including "Firework," in Cannes. Other video clips shared online show the Backstreet Boys and Pitbull took to the stage as part of the pre-wedding festivities.

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The couple's wedding is expected to be held from July 12 to 14.

Meet the Ambanis, who live in a $1 billion skyscraper and are hosting another lavish wedding (35)

Last weekend the couple held a "sangeet" ceremony, which is usually a part of a wedding celebration and includes musical performances.

BBC News reported that Justin Bieber flew to Mumbai to perform for guests.

Read next

India Billionaires

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Meet the Ambanis, who live in a $1 billion skyscraper and are hosting another lavish wedding (2024)

FAQs

Who is the richest Indian family in the world? ›

The Ambani family owns, among other assets, a 27-story family compound in Mumbai worth $1 billion. The building contains three helipads, a 160-car garage and a private movie theater.

What do the ambanis do? ›

The Ambanis, India's wealthiest family and owners of the country's largest private company, Reliance Industries, footed the bill for the extravagant three-day event, speculated to cost hundreds of millions of dollars.

Who is the richest person in India skyscraper? ›

Antilia is the residence of billionaire Mukesh Ambani and his family. It is located on Billionaires' Row in Mumbai, India. Built from 2006 to 2010 at a cost of nearly USD 2 billion, it was valued at USD 4.6 billion in 2023.

How did the Ambani family get rich? ›

Reliance industries generates over $70 billion in revenue each year. The company has stakes in oil, gas, and petrochemicals, along with telecom, retail, and more. The firm began more humbly as a small textile manufacturer. In fact, Ambani's father started as a simple yarn trader and gas station attendant.

What do the Ambanis own today? ›

Ambani is one of the wealthiest people in the world. A 42% stake in Reliance Industries is the source of most of Mukesh's wealth. Other major assets include a 45% stake in Jio Financials Services, the Mumbai Indians cricket team, and a mansion in Mumbai.

Who is the richest native Indian? ›

Possibly Tom Love, member of the Chickasaw tribe and founder of the Loves travel stops and gas's stations along interstates. His net worth is 6.0 billion dollars. Tom Love of Love's gas station fame with a net worth of some $6B would definitely qualify as probably the richest Native American.

What religion are the Ambanis? ›

Mukesh Dhirubhai Ambani was born on 19 April 1957 in the British Crown colony of Aden (present-day Yemen) into a Gujarati Hindu family to Dhirubhai Ambani and Kokilaben Ambani.

Did Kim Kardashian go to the Ambani wedding? ›

Billionaire heir Anant Ambani married his longtime girlfriend Radhika Merchant in Mumbai in a lavish ceremony attended by Kim and Khloé Kardashian, two former British prime ministers, Indian sporting legends and some of Bollywood's most famous faces.

What is the cost of an Ambani wedding? ›

From private charter flights, luxury cars and what not - the Ambani wedding indeed was a lavish affair. However, this cost of a whopping Rs 5000 crore, still doesn't make them any less rich and netizens have some hilarious reaction to this.

Who is the Indian billionaire tycoon? ›

Mukesh Ambani's wealth is estimated at $124 billion, according to Forbes. The family's sprawling business empire, Reliance Industries, spans interests in petrochemicals and oil and gas to telecoms and retail.

Who is the Indian billionaire engineer? ›

Sandeep Engineer is one such inspirational figure. Starting his career as a Project Engineer in a pharmaceutical company, Sandeep is now one of the richest Indians with a real-time net worth of Rs 31730 crore, according to Forbes.

What is the cost of Antilia? ›

The approximate cost of Antilia, the Mukesh Ambani house price situated in Altamount road is 15,000 crores. The approximate cost of Antilia, the Mukesh Ambani house situated in Altamount road is 15,000 crores.

Who is the heir of Ambani? ›

Indian billionaire heir Anant Ambani weds at lavish, star-studded ceremony.

Why does Anant Ambani have weight? ›

Hidden health woes

By 2016, Anant was proudly showing off his new trim physique, but his mother Nita explained to Times of India in 2017 that his weight was impacted by his asthma, which was treated with steroids.

How much did Ambani spend on Anant Ambani's wedding? ›

A report by Outlook suggested that while an expense of ₹4,000-5,000 crore could seem overwhelming, the Ambani family is spending a lesser percentage of their net worth than the average Indian family does for their children's weddings.

Who is the richest family in Bollywood? ›

Bhushan Kumar's family, who own the music label company T-Series, is reportedly the richest in Bollywood. Its net worth crosses the wealth of the superstars and renowned families like Kapoors, Bachchans and Johars. Bhushan Kumar is an Indian film and music producer. He is also the chairman of the T-Series music label.

How much is Shapoor mistry and family worth? ›

The Mumbai-based group was worth about $300 billion in July 2023. Shapoor's father and family patriarch, Pallonji Mistry, died in June 2022 while his brother, Cyrus Mistry, died in a car accident in September 2022.

Who is the richest man in India's house? ›

But nothing comes closest to his place of abode – Antilia. Mukesh Ambani's house Antilia, estimated to be the world's second-most lavish property after Buckingham Palace continues to dazzle people at home and abroad. Here's taking a closer look at the luxurious Antilia house of the business magnate.

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