With a market cap of more than Rs 19 lakh crore, Reliance Industries currently holds the title of India¡¯s most valuable company. Besides that, the conglomerate¡¯s billionaire chairman Mukesh Ambani enjoys the title of being not just India but even Asia¡¯s richest person, with a net worth of $115 billion, as of May 1 according to Forbes. Recently, Ambani splurged an approximate Rs 1259 crore on the pre-wedding festivities of Anant Ambani and Radhika Merchant¡ªwhich included paying global icon Rihanna between Rs 66-74 crore to perform a set¡ªand are all set to dish out double the amount for the actual wedding in July.
Mukesh Ambani and Nita Ambani have been exceptionally generous in their gift-giving, lavishing their expanding family with a succession of incredibly costly gifts, setting a high standard for billionaire parents worldwide.
In 2019, Asia's richest person Mukesh Ambani's wife Nita Ambani gifted one of the most valuable necklaces 'Mouawad L¡¯Incomparable' worth Rs 451 crore to her daughter-in-law Shloka Mehta when she married Akash Ambani, reported in TOI. This necklace has 91 diamonds, including a huge 407.48-carat yellow diamond. The necklace was displayed at Sotheby's in 2022 and has since been taken off the market. The yellow diamond in the necklace is one of the biggest flawless diamonds globally, earning it a Guinness World Record for the most valuable necklace ever.
Reportedly in 2022, Mukesh Ambani purchased a luxurious 3,000 square foot villa for a whopping Rs 640 crore in Dubai's Palm Jumeirah, known as one of the city's most upscale neighbourhoods, for his son Anant Ambani, reported in Hindustan Times. This property, located on the northern side of the artificial island chain, boasts ten bedrooms and spacious dining areas both indoors and outdoors. Additionally, it features indoor and outdoor swimming pools, a private spa, and a salon. Moreover, residents have exclusive access to a 70-meter private beach nearby.
In 2018, Isha Ambani the only daughter of Mukesh and Nite Ambani tied the knot with Anand Piramal son of businessman business tycoon Ajay Piramal at Udaipur which saw invitees like former US First Lady Hillary Clinton, business tycoons like Henry Kravis and many Bollywood celebrities. As per mentioned in Timesnow, Ambani spent around $100 million (Approx Rs 830 crore) on Isha and Anand's wedding but according to a Bloomberg report the marriage was not more than $15 million (Rs 125 crore), mentioned in Timesnow.
Mukesh Ambani gifted Rs 4.5 crore luxurious Bentley Continental GTC Speed to Anant Ambani and Radhika Merchant on their engagement, reported in Financial Express. The Bentley GTC Speed is a convertible car designed for long-distance trips. It comes with a powerful 6.0-litre W12 engine that can generate 659 PS of power and 900 NM of torque. According to the company, it can accelerate from 0 to 100 km/h in just 3.7 seconds and reach a top speed of 0-100kmph. One unique feature of this car is that you can open or close the convertible roof while driving.
During Isheta Salgaocar¡¯s cocktail party, Radhika Merchant caught everyone's eye wearing a beautiful pearl and diamond choker from her future mother-in-law's, Nita Ambani's collection, Financial Express reported. The elegant necklace complemented Radhika's pastel pink lehenga by Abu Jani and Sandeep Khosla, adding a touch of sophistication to her attire. The exact price of this choker is unknown. Interestingly, Nita Ambani had previously worn the same necklace at Sonam Kapoor's wedding reception, making it a notable accessory with a special connection.