Anant Ambani-Radhika Merchant's wedding boosts Mukesh Ambani's fortune by Rs 25,000 crore! Here's how
For almost a week, the Ambanis kept themselves busy with the preps of Anant Ambani and Radhika Merchant¡¯s wedding. The two finally entered holy matrimony on July 12th amid several guests from all walks of life. The wedding was followed by a couple of functions. The newlyweds are now visiting Jamnagar to meet with their well-wishers, family and friends.?
Between all the celebrations, Mukesh Ambani¡¯s business hasn¡¯t suffered one bit. In fact, as per a DNA report, he has earned Rs 25,000 crore in the last 10 days!
On the auspicious day of Anant and Radhika¡¯s wedding, Reliance stock saw a rise of 1 percent and in the past one, shares have appreciated by 6.65 percent. In the last six months, Reliance stock has delivered a whopping return of 14.9 percent.
India's richest person, Mukesh Ambani, experienced a notable boost in his net worth after the extravagant wedding of his son Anant Ambani to Radhika Merchant on July 12, 2024. This opulent event attracted worldwide attention and represented a substantial financial gain for Ambani.
Despite the extravagant spending of Rs 5,000 crore on the wedding, Mukesh Ambani's wealth did not diminish; in fact, it rose considerably.?
According to Aaj Tak, Ambani's net worth grew by an astonishing Rs 25,000 crores (around $3 billion) within just 10 days of the wedding functions.
As per Bloomberg Billionaire Index, Ambani recorded $118 billion (Rs 9.8 lakh crore) net worth on July 5. In just about a week, July 12 to be precise, the figure rose to $121 billion (Rs 10 lakh crore).
This significant increase has elevated Mukesh Ambani's rank in the global wealth standings, shifting him from 12th to 11th among the world¡¯s richest individuals. He continues to be the wealthiest person in Asia.
Strong performance of Reliance Industries¡¯ shares is the prime reason behind the increase in Mukesh Ambani¡¯s net worth
However, the Tuesday after the wedding, shares experienced a slight decline of 1.11%, trading at Rs 3,159. Despite this, it is safe to say that the grand celebration of Anant and Radhika¡¯s wedding is not just a personal milestone but it has also helped in boosting Mukesh Ambani;s fortune which has only strengthened his position as one of the leading billionaires of the world. Could be a classic case of goddess Laxmi¡¯s blessings with the arrival of the new bahu!
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