https://www.scmp.com/rss/503067/feed The latest news on Mukesh Ambani – Indian billionaire businessman – and his family, including updates on Reliance Industries. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Bloomberg Bloomberg Indian investigators have seized a US$410 million luxury condominium building owned by Anil Ambani as part of a widening investigation into alleged bank fraud by the tycoon. The Enforcement Directorate, India’s anti-money-laundering agency, said on Wednesday that it had provisionally taken Ambani’s 17-storey property, known as “Abode,” in the upscale Pali Hill neighbourhood. The agency alleged Ambani had defaulted on over 400 billion rupees (US$4.4 billion) worth of loans from Indian and foreign... https://www.scmp.com/news/asia/south-asia/article/3344800/indian-tycoon-anil-ambanis-us410-million-building-seized-billion-dollar-fraud-probe?utm_source=rss_feed https://www.scmp.com/news/asia/south-asia/article/3344800/indian-tycoon-anil-ambanis-us410-million-building-seized-billion-dollar-fraud-probe?utm_source=rss_feed Fri, 27 Feb 2026 02:07:52 +0000 Ishani Sarkar Ishani Sarkar After the lavish US$600 million wedding of Anant Ambani and Radhika Merchant in 2024, which saw stars like Rihanna, Katy Perry and Justin Bieber performing at the pre-wedding celebrations, another big Indian wedding is taking over the internet. Meet Netra Mantena and Vamsi Gadiraju, who wed in Udaipur, India, last month and went viral for their festivities. Though reportedly a hundred times smaller than the Ambani wedding, Mantena and Gadiraju’s union – touted as a “billionaire wedding” – was... https://www.scmp.com/magazines/style/people/celebrities/article/3334518/meet-couple-who-just-had-billionaire-wedding-netra-mantena-and-vamsi-gadiraju-jlo-and-donald-trump?utm_source=rss_feed https://www.scmp.com/magazines/style/people/celebrities/article/3334518/meet-couple-who-just-had-billionaire-wedding-netra-mantena-and-vamsi-gadiraju-jlo-and-donald-trump?utm_source=rss_feed Mon, 08 Dec 2025 10:00:14 +0000 Reuters Reuters A UN wildlife trade body decided on Sunday not to restrict India from importing endangered animals after many countries supported reversing an earlier stringent recommendation that had embroiled the private zoo run by Asia’s richest family. Vantara, a 3,500-acre zoo in Gujarat run by the philanthropic arm of the Reliance conglomerate led by Mukesh Ambani and his family, faced allegations from non-profit and wildlife groups of improper imports of some animals, triggering higher scrutiny by... https://www.scmp.com/news/asia/south-asia/article/3333853/ambani-zoo-india-cleared-probe-curbing-endangered-animal-imports?utm_source=rss_feed https://www.scmp.com/news/asia/south-asia/article/3333853/ambani-zoo-india-cleared-probe-curbing-endangered-animal-imports?utm_source=rss_feed Sun, 23 Nov 2025 10:20:14 +0000 Reuters Reuters Indian refiners are poised to sharply curtail imports of Russian oil to comply with new US sanctions on two top Russian producers, industry sources have said, potentially removing a major hurdle to a trade deal with the United States. The change comes as India faces punishing 50 per cent tariffs on its exports to the US – with half of those duties in retaliation for Russian oil purchases – and negotiates a potential trade deal that could bring those tariffs in line with Asian peers in exchange... https://www.scmp.com/news/asia/south-asia/article/3330108/india-may-sharply-cut-russian-oil-imports-after-us-sanctions-sources?utm_source=rss_feed https://www.scmp.com/news/asia/south-asia/article/3330108/india-may-sharply-cut-russian-oil-imports-after-us-sanctions-sources?utm_source=rss_feed Thu, 23 Oct 2025 13:25:56 +0000 Bloomberg Bloomberg The valuation of the world’s most lucrative cricket tournament, the Indian Premier League, eroded for a second year in a row, according to a report, marking a shift from years of ballooning growth on the back of competitive bidding for broadcast rights. The cricket league’s value dropped almost 11 per cent to US$8.8 billion in 2025, from US$9.9 billion in 2024, according to an October 15 report by consulting firm D&P Advisory. The coveted event was valued at a peak of US$11.2 billion in 2023, it... https://www.scmp.com/sport/cricket/article/3329117/indian-cricket-leagues-valuation-shrinks-second-year-row?utm_source=rss_feed https://www.scmp.com/sport/cricket/article/3329117/indian-cricket-leagues-valuation-shrinks-second-year-row?utm_source=rss_feed Wed, 15 Oct 2025 11:30:08 +0000 Agence France-Presse Agence France-Presse India’s Supreme Court has ordered an investigation into allegations of illegal animal imports and financial misconduct at a vast private zoo set up by the son of Asia’s richest person. Vantara, which bills itself as the “world’s biggest wild animal rescue centre”, is run by Anant Ambani, son of Mukesh Ambani, the billionaire head of the multinational conglomerate Reliance Industries. The site in the western state of Gujarat is home to more than 200 elephants, as well as 50 bears, 160 tigers, 200... https://www.scmp.com/news/asia/south-asia/article/3323186/india-probe-zoo-linked-asias-richest-family-over-mistreatment-allegations?utm_source=rss_feed https://www.scmp.com/news/asia/south-asia/article/3323186/india-probe-zoo-linked-asias-richest-family-over-mistreatment-allegations?utm_source=rss_feed Tue, 26 Aug 2025 08:20:59 +0000 Agence France-Presse Agence France-Presse India’s national investigative bureau opened a criminal case against tycoon Anil Ambani after receiving a complaint from the country’s biggest bank alleging fraud, the agency said Saturday. Anil, the younger sibling of Asia’s richest man Mukesh Ambani, has business interests that range from power to defence. The State Bank of India (SBI) alleged Anil Ambani and his former telecoms firm Reliance Communications “misappropriated” bank funds by entering into transactions that were in violation of... https://www.scmp.com/news/asia/south-asia/article/3322947/india-investigator-files-criminal-case-against-tycoon-anil-ambani?utm_source=rss_feed https://www.scmp.com/news/asia/south-asia/article/3322947/india-investigator-files-criminal-case-against-tycoon-anil-ambani?utm_source=rss_feed Sat, 23 Aug 2025 22:00:22 +0000 Reuters Reuters Small Indian shops and major online fashion retailers are boycotting Turkish products ranging from chocolates and coffee to jams, cosmetics and clothing amid growing anger at Turkey’s support for Pakistan in a confrontation with India. Turkish President Recep Tayyip Erdogan publicly expressed solidarity with Pakistan, another majority-Muslim country, earlier this month after India had conducted military strikes in response to an attack in Indian Kashmir by Islamist assailants. Cross-border... https://www.scmp.com/news/asia/south-asia/article/3311005/jam-jeans-indians-boycott-turkish-goods-grows?utm_source=rss_feed https://www.scmp.com/news/asia/south-asia/article/3311005/jam-jeans-indians-boycott-turkish-goods-grows?utm_source=rss_feed Tue, 20 May 2025 03:29:08 +0000 Sarah Keenlyside Sarah Keenlyside Those who remember J.Lo’s 2001 film The Wedding Planner will be able to conjure the image of the A-lister as a harried event organiser in charge of planning other people’s weddings. In reality, these sharply dressed, headset-wearing organisers have the tough job of making someone else’s big day perfect – often at the expense of their own sanity. But what are celebrity wedding planners really like? And who exactly is the best in the business? These are the names you need to know. Mindy... https://www.scmp.com/magazines/style/entertainment/article/3309542/6-most-sought-after-celebrity-wedding-planners-ever-sharon-sacks-who-did-2-kim-kardashians-weddings?utm_source=rss_feed https://www.scmp.com/magazines/style/entertainment/article/3309542/6-most-sought-after-celebrity-wedding-planners-ever-sharon-sacks-who-did-2-kim-kardashians-weddings?utm_source=rss_feed Thu, 08 May 2025 22:00:13 +0000 Citadel star Priyanka Chopra is in the mood for celebration. The actress and singer’s brother, Siddharth Chopra, 36, has just tied the knot with actress Neelam Upadhyaya, 31, in a star-studded ceremony in Mumbai, India. According to the Hindustan Times, guests included Priyanka, her husband Nick Jonas and their daughter Malti Marie Chopra Jonas; Priyanka’s cousin, actress Parineeti Chopra and her husband; politician Raghav Chadha; and Bollywood veteran Rekha. Billionaire Mukesh Ambani’s wife... https://www.scmp.com/magazines/style/entertainment/article/3298404/who-priyanka-chopras-younger-brother-siddharth-former-restaurateur-manages-citadel-stars-production?utm_source=rss_feed https://www.scmp.com/magazines/style/entertainment/article/3298404/who-priyanka-chopras-younger-brother-siddharth-former-restaurateur-manages-citadel-stars-production?utm_source=rss_feed Wed, 12 Feb 2025 10:08:02 +0000 Reliance Retail has launched an app in India to sell fashionwear from China’s Shein under a licensing deal, almost five years since Shein’s app was banned in the country after getting caught up in a diplomatic tussle. Reliance, owned by billionaire Mukesh Ambani, launched the app on Saturday morning, said a person with direct knowledge of Reliance’s launch plans. The firm did not announce the launch. Neither parent Reliance Industries nor Shein responded to requests for comment outside business... https://www.scmp.com/news/asia/south-asia/article/3297065/5-years-after-it-was-banned-chinas-shein-returns-india?utm_source=rss_feed https://www.scmp.com/news/asia/south-asia/article/3297065/5-years-after-it-was-banned-chinas-shein-returns-india?utm_source=rss_feed Sun, 02 Feb 2025 07:42:10 +0000 The luxury watch world has welcomed a new heavyweight collector: Mark Zuckerberg. Despite being one of the world’s wealthiest individuals for years – earning the title of youngest self-made billionaire in 2008 – the Facebook founder stayed out of the luxury timepiece game. Until last summer. Zuckerberg’s new-found fascination with watches reportedly began after attending the opulent wedding of Anant Ambani, where the groom showed off a US$1.5 million Richard Mille RM 30-01, capturing the... https://www.scmp.com/magazines/style/luxury/watches/article/3295742/facebook-founder-mark-zuckerbergs-growing-luxury-watch-collection-his-patek-philippes-jaeger?utm_source=rss_feed https://www.scmp.com/magazines/style/luxury/watches/article/3295742/facebook-founder-mark-zuckerbergs-growing-luxury-watch-collection-his-patek-philippes-jaeger?utm_source=rss_feed Wed, 22 Jan 2025 04:00:20 +0000 Just about every famous face on the planet appeared at the lavish wedding parties celebrating the marriage of Anant Ambani and Radhika Merchant. The guest list included big-name celebrities, Bollywood stars, tech tycoons and politicians. Everyone from the Kardashians and Priyanka Chopra to Mark Zuckerberg and Hillary Clinton were spotted at the festivities. Partying alongside all these famous faces was a US-based influencer who found herself in Mumbai, India – and on the Ambanis’ guest list –... https://www.scmp.com/magazines/style/entertainment/article/3291961/who-kim-ks-favourite-jewellery-influencer-julia-chafe-instagram-star-went-covering-anant-ambani?utm_source=rss_feed https://www.scmp.com/magazines/style/entertainment/article/3291961/who-kim-ks-favourite-jewellery-influencer-julia-chafe-instagram-star-went-covering-anant-ambani?utm_source=rss_feed Fri, 27 Dec 2024 10:00:24 +0000 The world of high horology came alive in September and October as the Grand Prix d’Horlogerie de Genève (GPHG) and Dubai Watch Week made their way to Hong Kong, three independent brands teamed up for exciting new projects, major brands revealed huge releases, and Watches and Wonders continued to expand. Meanwhile, justice was served as a Californian watch consignor pleaded guilty to fraud; Mark Zuckerberg started collecting; and a demon judge on the small screen sported a killer piece with,... https://www.scmp.com/magazines/style/luxury/watches/article/3285086/7-timepiece-highlights-september-and-october-2024-patek-philippes-new-entry-level-model-new?utm_source=rss_feed https://www.scmp.com/magazines/style/luxury/watches/article/3285086/7-timepiece-highlights-september-and-october-2024-patek-philippes-new-entry-level-model-new?utm_source=rss_feed Mon, 04 Nov 2024 07:17:32 +0000 Elon Musk, Jeff Bezos and Mark Zuckerberg are among the handful of people on the planet with a net worth above US$100 billion. Members of this elite group have amassed 12-digit fortunes by owning huge amounts of stock in some of the world’s most valuable companies. Most are founders and either current or former CEOs, and some, such as Warren Buffett, would be much richer if they didn’t give billions to charity. There may be only 15 centibillionaires, but their combined wealth is around US$2.2... https://www.scmp.com/magazines/style/entertainment/article/3282437/15-members-us100-billion-club-net-worths-ranked-amazons-jeff-bezos-and-metas-mark-zuckerberg-luxury?utm_source=rss_feed https://www.scmp.com/magazines/style/entertainment/article/3282437/15-members-us100-billion-club-net-worths-ranked-amazons-jeff-bezos-and-metas-mark-zuckerberg-luxury?utm_source=rss_feed Tue, 15 Oct 2024 11:00:11 +0000 You’ve heard of the Ambanis, who just held the “wedding of the year” when Anant Ambani tied the knot with Radhika Merchant. But now it’s time for another Indian dynasty to take over the internet – the Adanis. The Adani Group is led by billionaire Gautam Adani, the second richest man in Asia, per Forbes (Mukesh Ambani is No 1, of course). However, lately the group is facing a slew of controversies, including allegations of financial fraud and stock market manipulation from US short-seller... https://www.scmp.com/magazines/style/article/3281554/meet-4-heirs-poised-inherit-gautam-adanis-us213-billion-empire-karan-jeet-pranav-and-sagar-company?utm_source=rss_feed https://www.scmp.com/magazines/style/article/3281554/meet-4-heirs-poised-inherit-gautam-adanis-us213-billion-empire-karan-jeet-pranav-and-sagar-company?utm_source=rss_feed Tue, 08 Oct 2024 22:00:10 +0000 Billionaire Mukesh Ambani unveiled ambitious plans for Reliance Industries to develop cutting-edge artificial intelligence tools, but gave no details on the much-awaited listings of its telecoms and retail units in his annual shareholders’ address. The conglomerate wants to “democratise” AI by offering models and services to ordinary Indians at affordable prices, he said, giving no investment outlay in the marathon two-hour speech that mentioned AI more than 80 times. The energy-to-entertainment... https://www.scmp.com/news/asia/south-asia/article/3276470/ambani-touts-ai-bonus-stock-stays-silent-units-ipos?utm_source=rss_feed https://www.scmp.com/news/asia/south-asia/article/3276470/ambani-touts-ai-bonus-stock-stays-silent-units-ipos?utm_source=rss_feed Thu, 29 Aug 2024 17:11:16 +0000 When India’s Prime Minister Narendra Modi was savouring moments last week at the wedding of the son of Asia’s richest businessman Mukesh Ambani, he was likely unaware of a brewing political storm: a demand for taxing the ultra-rich. Modi’s chief political opponent, the Indian National Congress, has launched a bid to impose a special tax on the rising number of billionaires in India as the government prepares to unveil the first federal budget of its third term on July 23. Meanwhile, the G20... https://www.scmp.com/week-asia/economics/article/3271161/india-home-200-billionaires-should-it-consider-super-tax-its-ultra-rich?utm_source=rss_feed https://www.scmp.com/week-asia/economics/article/3271161/india-home-200-billionaires-should-it-consider-super-tax-its-ultra-rich?utm_source=rss_feed Sat, 20 Jul 2024 10:00:15 +0000 India’s rich history of jewellery design and craftsmanship has long inspired renowned maisons in Europe and beyond. Even on home turf, established jewellers such as Gem Palace and Amrapali continue to create opulent jewels that celebrate traditional goldsmithing and gem-cutting techniques that date as far back as the Mughal Empire of the 16th century. While many names continue to pay homage to the country’s past, a growing group of independent designers are looking firmly into the future. From... https://www.scmp.com/magazines/style/luxury/jewellery/article/3270443/indian-jewellerys-moment-shine-modern-designers-anaita-shroff-adajania-and-hanut-singh-wow-stars?utm_source=rss_feed https://www.scmp.com/magazines/style/luxury/jewellery/article/3270443/indian-jewellerys-moment-shine-modern-designers-anaita-shroff-adajania-and-hanut-singh-wow-stars?utm_source=rss_feed Mon, 15 Jul 2024 05:00:12 +0000 In March, Asia’s richest man Mukesh Ambani threw a three-day prenuptial bash for his son that included a 1,200-person guest list, including former world leaders, tech tycoons and Bollywood’s megastars, and a performance by renowned singer Rihanna. That was only the start of their months-long lavish pre-wedding celebrations, which have grabbed headlines and set off a social media frenzy. In May, the family took guests on a three-day pre-wedding cruise from Italy to France, which included a DJ... https://www.scmp.com/magazines/style/entertainment/article/3269928/anant-ambani-and-radhika-merchants-wedding-year-mukesh-ambani-asias-richest-man-held-extravagant-pre?utm_source=rss_feed https://www.scmp.com/magazines/style/entertainment/article/3269928/anant-ambani-and-radhika-merchants-wedding-year-mukesh-ambani-asias-richest-man-held-extravagant-pre?utm_source=rss_feed Thu, 11 Jul 2024 21:00:08 +0000 “Bollywood’s BFF” Orhan Awatramani, better known as “Orry”, is an Indian socialite who is famous for … well, being famous. He claimed the limelight late last year when pictures of him and his Bollywood (and Hollywood) friends went viral on social media. Now, Orry has built a robust fan base and boasts an Instagram following of 1.3 million at the time of writing. He parties with the Ambanis – the richest family in Asia while patriarch Mukesh is the ninth richest person in the world, per Forbes –... https://www.scmp.com/magazines/style/entertainment/article/3270063/meet-orhan-orry-awatramani-who-partied-anant-ambani-and-radhika-merchants-pre-wedding-bash-liver?utm_source=rss_feed https://www.scmp.com/magazines/style/entertainment/article/3270063/meet-orhan-orry-awatramani-who-partied-anant-ambani-and-radhika-merchants-pre-wedding-bash-liver?utm_source=rss_feed Thu, 11 Jul 2024 09:00:16 +0000 Celebrities from Kim and Khloe Kardashian to boxer Mike Tyson are expected to join some of the biggest names in global business at a lavish family wedding thrown by Asia’s richest person, set to take place on Friday in India after months of celebrations. The wedding of Anant Ambani – youngest son of Reliance Industries Ltd. Chairman Mukesh Ambani – will be attended by luminaries from HSBC Holdings plc Chairman Mark Tucker and Samsung Electronics Co. Ltd. Chairman Jay Lee to political... https://www.scmp.com/news/asia/south-asia/article/3270049/kim-kardashian-join-ceos-mukesh-ambanis-sons-wedding-mumbai-traffic-curbs-irk-locals?utm_source=rss_feed https://www.scmp.com/news/asia/south-asia/article/3270049/kim-kardashian-join-ceos-mukesh-ambanis-sons-wedding-mumbai-traffic-curbs-irk-locals?utm_source=rss_feed Thu, 11 Jul 2024 07:40:09 +0000 Asia’s richest businessman, Indian tycoon Mukesh Ambani, is sparing no expense for the upcoming nuptials of his youngest heir, Anant Ambani, and his long-time fiancée Radhika Merchant. In March this year, the Reliance Industries scion threw a lavish weekend long pre-wedding bash in Jamnagar, India, with a star-studded guest list that included global leaders like Bill Gates, Hillary Clinton, Mark Zuckerberg and Rihanna, reported Entertainment Tonight. Guests were ferried to Jamnagar on private... https://www.scmp.com/magazines/style/entertainment/article/3269910/6-most-expensive-weddings-ever-ranked-anant-ambani-and-radhika-merchant-are-getting-married-so-will?utm_source=rss_feed https://www.scmp.com/magazines/style/entertainment/article/3269910/6-most-expensive-weddings-ever-ranked-anant-ambani-and-radhika-merchant-are-getting-married-so-will?utm_source=rss_feed Wed, 10 Jul 2024 20:00:10 +0000 Canadian pop star Justin Bieber entertained some of India’s biggest celebrities in the latest instalment of months-long wedding celebrations thrown for the son of Asia’s richest man Mukesh Ambani. Bieber, who shot to prominence as a teenage heartthrob, is among several global celebrities who have jetted into India for the marriage festivities of Ambani’s younger son Anant and fiancée Radhika Merchant. He and Merchant, both 29, were childhood friends and are set to marry in a three-day Hindu... https://www.scmp.com/news/asia/south-asia/article/3269434/justin-bieber-enthralls-guests-mukesh-ambani-sons-pre-wedding-bash-india?utm_source=rss_feed https://www.scmp.com/news/asia/south-asia/article/3269434/justin-bieber-enthralls-guests-mukesh-ambani-sons-pre-wedding-bash-india?utm_source=rss_feed Sat, 06 Jul 2024 07:30:54 +0000 The Ambanis are still pulling out all the stops to celebrate their upcoming wedding. Anant Ambani is the son of one of India’s richest people, Mukesh Ambani. Along with his fiancée, Radhika Merchant, Anant threw yet another star-studded bash ahead of their nuptials in July – this time on a luxury cruise. The Ambanis are still pulling out all the stops to celebrate their upcoming wedding. Anant Ambani is the son of one of India's richest people, Mukesh Ambani. Along with his fiancée, Radhika... https://www.scmp.com/magazines/style/entertainment/article/3265304/which-stars-went-latest-ambani-pre-wedding-celebration-anant-ambani-and-radhika-merchant-went-luxury?utm_source=rss_feed https://www.scmp.com/magazines/style/entertainment/article/3265304/which-stars-went-latest-ambani-pre-wedding-celebration-anant-ambani-and-radhika-merchant-went-luxury?utm_source=rss_feed Tue, 04 Jun 2024 20:00:34 +0000 The Ambanis are continuing their glitzy pre-wedding celebrations with another set of festivities. Anant Ambani, the son of India’s richest person, Mukesh Ambani, and his fiancée, Radhika Merchant, threw a weekend-long affair in March to commemorate their upcoming wedding. They are now said to be embarking on a luxury cruise next week, which will set sail from Italy to the south of France with about 800 guests and 600 staff, according to the Deccan Chronicle. Bollywood stars including Shah Rukh... https://www.scmp.com/news/asia/south-asia/article/3264085/indian-tycoon-mukesh-ambanis-son-throw-another-grand-pre-wedding-party-luxury-cruise-ship?utm_source=rss_feed https://www.scmp.com/news/asia/south-asia/article/3264085/indian-tycoon-mukesh-ambanis-son-throw-another-grand-pre-wedding-party-luxury-cruise-ship?utm_source=rss_feed Sat, 25 May 2024 04:26:24 +0000 Some of the world’s biggest money managers are searching for the next wave of artificial intelligence (AI) winners beyond the United States. At a time when the global euphoria about AI has propelled a three-fold surge in Nvidia Corp and a 50 per cent jump in a key US index for semiconductor manufacturers in less than a year, investors are pointing toward emerging markets for better value and a bigger pool of options. The asset management arm of Goldman Sachs said it is looking specifically for... https://www.scmp.com/tech/tech-trends/article/3258157/whos-new-nvidia-wall-street-hunts-next-wave-ai-winners-beyond-us?utm_source=rss_feed https://www.scmp.com/tech/tech-trends/article/3258157/whos-new-nvidia-wall-street-hunts-next-wave-ai-winners-beyond-us?utm_source=rss_feed Sun, 07 Apr 2024 15:20:20 +0000 Mukesh Ambani, India’s richest man, and his family live in a fittingly opulent 27-story tower on Mumbai’s most exclusive street. Named the most expensive private residence in the world by the Guinness Book of World Records, the Ambanis’ house apparently requires a staff of 600, has three helipads, and features a cinema that can seat 50. Dubbed Antilia – the name of a mythical island off the coast of Europe – the interior of the building has been rarely photographed. With all eyes on the Ambanis’... https://www.scmp.com/magazines/style/entertainment/article/3256056/ambani-familys-billion-dollar-party-ready-mansion-antilia-mukesh-and-his-clan-hosted-light-show-27?utm_source=rss_feed https://www.scmp.com/magazines/style/entertainment/article/3256056/ambani-familys-billion-dollar-party-ready-mansion-antilia-mukesh-and-his-clan-hosted-light-show-27?utm_source=rss_feed Wed, 20 Mar 2024 07:00:18 +0000 Rihanna – the global music superstar turned billionaire beauty mogul – took to the stage this past weekend, performing her first full concert in eight years for the likes of Bill Gates, Mark Zuckerberg and Ivanka Trump. The reason: to celebrate the upcoming nuptials of Anant Ambani – the son of India’s richest person, Mukesh Ambani – and his fiancée, Radhika Merchant. The performance – on night one of a three-day affair in Gujarat, India – did not come cheap. It’s speculated she got paid between... https://www.scmp.com/magazines/style/entertainment/article/3254530/how-do-you-hire-rihanna-or-other-stars-perform-your-party-riris-show-anant-ambani-and-radhika?utm_source=rss_feed https://www.scmp.com/magazines/style/entertainment/article/3254530/how-do-you-hire-rihanna-or-other-stars-perform-your-party-riris-show-anant-ambani-and-radhika?utm_source=rss_feed Thu, 07 Mar 2024 21:00:33 +0000 Jamnagar, in western India, played host to billionaires, celebrities, Bollywood stars and politicians from across the globe as pre-wedding celebrations for Anant Ambani and Radhika Merchant (whose wedding is scheduled for July 12) got under way. Anant is the son of Mukesh Ambani, the chairman of Reliance Industries conglomerate, who has an estimated net worth of US$117.8 billion, according to Forbes magazine. Being one of the richest men in the world means hanging out with the likes of Bill... https://www.scmp.com/magazines/style/fashion/celebrity-style/article/3254524/6-best-dressed-stars-anant-ambani-and-radhika-merchants-pre-wedding-bash-rihannas-royal-outfit-and?utm_source=rss_feed https://www.scmp.com/magazines/style/fashion/celebrity-style/article/3254524/6-best-dressed-stars-anant-ambani-and-radhika-merchants-pre-wedding-bash-rihannas-royal-outfit-and?utm_source=rss_feed Thu, 07 Mar 2024 10:00:16 +0000 When you’re pocketing a cool US$6.3 million to perform at a wedding bash, you might assume basic name recall would be part of the package. But apparently not for Rihanna, who only managed to remember half of the lovebirds’ names. During the pop star’s performance at the multimillion-dollar pre-wedding (yup, pre-wedding, not even the actual wedding) of Anant Ambani, son of Asia’s richest man, and Radhika Merchant, she mispronounced the bride-to-be’s name while congratulating the couple. “Good... https://www.scmp.com/magazines/style/entertainment/article/3254179/anant-ambani-and-radhika-merchants-ott-pre-wedding-bash-asias-richest-mans-son-and-his-wealthy?utm_source=rss_feed https://www.scmp.com/magazines/style/entertainment/article/3254179/anant-ambani-and-radhika-merchants-ott-pre-wedding-bash-asias-richest-mans-son-and-his-wealthy?utm_source=rss_feed Tue, 05 Mar 2024 20:00:13 +0000 What happens when the son of Asia’s richest man is about to get married? His father throws a three-day prenuptial bash four months before the actual ceremony. Tycoons from around the world, heads of state, as well as Hollywood and Bollywood stars on Friday descended on the small Western Indian city of Jamnagar, where billionaire industrialist Mukesh Ambani is kick-starting a big fat wedding celebration for his youngest son. The nearly 1,200-person guest list included pop superstar Rihanna; tech... https://www.scmp.com/news/asia/south-asia/article/3254130/rihanna-mark-zuckerberg-bill-gates-shah-rukh-khan-among-stars-mukesh-ambani-sons-extravagant-pre?utm_source=rss_feed https://www.scmp.com/news/asia/south-asia/article/3254130/rihanna-mark-zuckerberg-bill-gates-shah-rukh-khan-among-stars-mukesh-ambani-sons-extravagant-pre?utm_source=rss_feed Mon, 04 Mar 2024 11:05:20 +0000 If there’s one thing we’ve learned about the Ambanis, it’s that Asia’s richest family isn’t afraid to splurge when it comes to wedding celebrations. But if you thought Isha Ambani and Anand Piramal’s US$100 million nuptials or Akash Ambani and Shloka Mehta’s equally extravagant bash were over the top, then think again – because Anant Ambani and Radhika Merchant’s big day is expected to take things to a whole new level. Reports are suggesting that their budget stands north of a whopping US$120... https://www.scmp.com/magazines/style/entertainment/article/3253834/anant-ambani-and-radhika-merchants-ott-pre-wedding-festivities-son-asias-richest-man-and-his-fiancee?utm_source=rss_feed https://www.scmp.com/magazines/style/entertainment/article/3253834/anant-ambani-and-radhika-merchants-ott-pre-wedding-festivities-son-asias-richest-man-and-his-fiancee?utm_source=rss_feed Fri, 01 Mar 2024 20:00:10 +0000 Charter jets for tycoons and celebrities, a performance by Rihanna and directions to don “jungle fever” outfits when visiting an animal rescue centre – that’s how billionaire Mukesh Ambani is kick-starting big fat Indian wedding celebrations for his son. The head of Indian conglomerate Reliance and Asia’s richest man with a net worth of US$114 billion according to Forbes, Ambani is known for never doing a party by halves. The occasion of the moment that has India transfixed is a three-day... https://www.scmp.com/news/asia/south-asia/article/3253715/mukesh-ambanis-son-invites-likes-rihanna-bill-gates-shah-rukh-khan-star-studded-pre-wedding-party?utm_source=rss_feed https://www.scmp.com/news/asia/south-asia/article/3253715/mukesh-ambanis-son-invites-likes-rihanna-bill-gates-shah-rukh-khan-star-studded-pre-wedding-party?utm_source=rss_feed Thu, 29 Feb 2024 23:00:21 +0000 Indian business mogul Mukesh Ambani and his family spare no expense when it comes to living a luxury life. From designer clothes to expensive cars and couture wardrobes, it only makes sense that Ambani and co have an impressive property portfolio to match. Mukesh has a net worth of around US$92.9 billion and, over the years, much of his fortune has been swept up in extravagant property purchases. Here’s a look inside the mega million-dollar collection owned by the Reliance boss and his... https://www.scmp.com/magazines/style/entertainment/article/3248224/inside-ambani-familys-mega-million-dollar-property-portfolio-richest-man-asia-mukeshs-record?utm_source=rss_feed https://www.scmp.com/magazines/style/entertainment/article/3248224/inside-ambani-familys-mega-million-dollar-property-portfolio-richest-man-asia-mukeshs-record?utm_source=rss_feed Mon, 15 Jan 2024 04:00:14 +0000 A merger of Walt Disney’s India unit and billionaire Mukesh Ambani’s media business would create an entertainment powerhouse in India, but lawyers say any deal would draw intense antitrust scrutiny and assets would likely need to be shed. Disney and India’s Reliance, which each have a major streaming service as well as 120 TV channels between them, are looking at merging into an entity in which Ambani’s group is likely to have a majority stake, sources said this week. In particular, a deal could... https://www.scmp.com/news/asia/south-asia/article/3245288/india-possible-disney-reliance-entertainment-merger-sparks-antitrust-concerns?utm_source=rss_feed https://www.scmp.com/news/asia/south-asia/article/3245288/india-possible-disney-reliance-entertainment-merger-sparks-antitrust-concerns?utm_source=rss_feed Sun, 17 Dec 2023 00:00:12 +0000 Late last year, Isha Ambani and Anand Piramal welcomed twins into the world. Now, as babies Krishna and Aadiya prepare to celebrate their first birthdays on November 19, let’s take a moment to look back at some of the most extravagant moments in their lives so far. The “Adventures of Aadiya and Krishna” closet View this post on Instagram A post shared by Gifts Tell All (@giftstellall) Isha is, of course, the daughter of former world’s richest person Mukesh... https://www.scmp.com/magazines/style/people/celebrities/article/3241481/are-isha-ambanis-twins-luckiest-babies-planet-inside-luxury-lives-billionaire-heiress-children?utm_source=rss_feed https://www.scmp.com/magazines/style/people/celebrities/article/3241481/are-isha-ambanis-twins-luckiest-babies-planet-inside-luxury-lives-billionaire-heiress-children?utm_source=rss_feed Wed, 15 Nov 2023 20:00:24 +0000 At the opening of Mumbai’s first luxury mall, almost all of Bollywood’s A-list stars turned out for the red carpet event in haute couture outfits, with photographers snapping away, reminiscent of the annual Met Gala in New York. Some 66 global luxury brands – such as Balenciaga, Saint Laurent, Versace, Tiffany & Co – have set up shop in Mumbai’s Jio World Plaza, a one-stop luxury shopping centre in India’s richest city that is also home to 169 billionaires and 59,000 millionaires. With China’s... https://www.scmp.com/week-asia/economics/article/3240384/mumbais-first-luxury-shopping-centre-taps-indias-cultural-understanding-affluence?utm_source=rss_feed https://www.scmp.com/week-asia/economics/article/3240384/mumbais-first-luxury-shopping-centre-taps-indias-cultural-understanding-affluence?utm_source=rss_feed Mon, 06 Nov 2023 04:00:16 +0000 Nita Ambani, the first lady of the Reliance Empire, could be considered the uncrowned queen of India – one who lives in the US$2 billion avant-garde Antilia skyscraper, zooms around town with a fleet of Rolls-Royces and travels in private jets. From wearing Oscar de la Renta couture to casually sporting an expensive Patek Phillipe, she paints a picture of poise and wealth. The wife of Asia’s richest person Mukesh Ambani – who’s worth US$99 billion according to Forbes – turns heads every time she... https://www.scmp.com/magazines/style/celebrity/article/3227563/nita-ambani-flaunts-us400000-hermes-neige-faubourg-birkin-20-handbag-wife-asias-richest-billionaire?utm_source=rss_feed https://www.scmp.com/magazines/style/celebrity/article/3227563/nita-ambani-flaunts-us400000-hermes-neige-faubourg-birkin-20-handbag-wife-asias-richest-billionaire?utm_source=rss_feed Fri, 14 Jul 2023 00:00:16 +0000 With a net worth of US$87 billion (per Forbes), Reliance Industries’ 66-year-old boss Mukesh Ambani is preparing to pass the baton on to the next generation. As his children become more immersed in the family business, they too are making sure that the Ambani name and legacy live on. The latest addition to the Ambani fold? A baby girl – the fourth grandchild to Mukesh and Nita Ambani. Just a month after revealing she was pregnant, Shloka Mehta has given birth. Here’s what you need to know about... https://www.scmp.com/magazines/style/celebrity/article/3222610/asias-richest-family-just-got-bigger-baby-joy-akash-ambani-and-wife-shloka-mehta-reliance-industries?utm_source=rss_feed https://www.scmp.com/magazines/style/celebrity/article/3222610/asias-richest-family-just-got-bigger-baby-joy-akash-ambani-and-wife-shloka-mehta-reliance-industries?utm_source=rss_feed Thu, 01 Jun 2023 23:00:19 +0000 Lily Brown Lily Brown In 2023, the world’s richest man is Bernard Arnault with US$211 billion in the bank, thanks to his ever-growing luxury empire LVMH, per Forbes. Even Tesla and SpaceX CEO Elon Musk is now trailing behind with his US$180 billion net worthwhile Amazon founder Jeff Bezos placed No 3 with his US$114 billion net worth, states the Forbes rich list that was unveiled in April (which we also referenced for the other net worths mentioned in this piece). As Asia continues to grow and dominate the global... https://www.scmp.com/magazines/style/celebrity/article/3221265/10-most-powerful-billionaires-asia-net-worths-ranked-indias-gautam-adani-and-mukesh-ambani-uniqlos?utm_source=rss_feed https://www.scmp.com/magazines/style/celebrity/article/3221265/10-most-powerful-billionaires-asia-net-worths-ranked-indias-gautam-adani-and-mukesh-ambani-uniqlos?utm_source=rss_feed Sat, 20 May 2023 14:35:10 +0000 It’s no secret that Nita Ambani is a wealthy woman. As the wife of India’s richest man, Mukesh Ambani, and chairperson of Reliance Foundation, the family matriarch enjoys all the luxuries that life can offer. From living in a US$2 billion home (Antilia, one of the world’s tallest, largest private residences) to gifting a US$55 million diamond necklace to her daughter-in-law Shloka Mehta, and splurging US$50,000 on a tailor-made lipstick collection, it’s clear that Nita has no limit when it... https://www.scmp.com/magazines/style/celebrity/article/3220862/nita-ambani-flaunts-ultra-rare-us225000-patek-philippe-watch-sports-game-besides-timepieces?utm_source=rss_feed https://www.scmp.com/magazines/style/celebrity/article/3220862/nita-ambani-flaunts-ultra-rare-us225000-patek-philippe-watch-sports-game-besides-timepieces?utm_source=rss_feed Thu, 18 May 2023 00:00:10 +0000 In a world full of bad-boy billionaires, India’s Mukesh Ambani is considered by many as a rare anomaly. With a Forbes-estimated net worth of US$84 billion, he’s currently the richest person in Asia and ranked at No 9 on the world billionaire list. Yet, the 66-year-old camera-shy business tycoon almost never departs from his carefully crafted image of a man of simplicity, which is perfectly demonstrated by his unglamorous dressing sense. He’s often seen wearing a simple white short-sleeve shirt... https://www.scmp.com/magazines/style/celebrity/article/3217877/does-mukesh-ambani-really-wear-modest-us8000-rolex-asias-richest-man-was-reportedly-spotted-cellini?utm_source=rss_feed https://www.scmp.com/magazines/style/celebrity/article/3217877/does-mukesh-ambani-really-wear-modest-us8000-rolex-asias-richest-man-was-reportedly-spotted-cellini?utm_source=rss_feed Sun, 23 Apr 2023 00:00:11 +0000 Apple chief executive Tim Cook’s first trip to India in seven years, following his visit to Beijing and Shanghai last month, is being closely monitored on China’s social media amid growing concerns about the US technology giant shifting its manufacturing supply chain to the South Asian nation. Cook on Tuesday led the opening of Apple’s first retail store in India, in the financial capital of Mumbai, as the company prepares to inaugurate another store in the nation’s capital New Delhi on... https://www.scmp.com/tech/big-tech/article/3217611/chinese-social-media-closely-monitors-apple-ceo-tim-cooks-trip-india-amid-concerns-over-supply-chain?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3217611/chinese-social-media-closely-monitors-apple-ceo-tim-cooks-trip-india-amid-concerns-over-supply-chain?utm_source=rss_feed Wed, 19 Apr 2023 10:57:28 +0000 Earlier this month, on April 3, a galaxy of stars from all over the world flocked to Mumbai to celebrate the grand opening of the Nita Mukesh Ambani Cultural Centre (NMACC) in Mumbai – a first-of-its-kind, state-of-the-art venue created to celebrate the rich cultural history of India. The world-class establishment is the brainchild of Nita Ambani, wife of billionaire Indian business mogul Mukesh Ambani. A-listers including Gigi Hadid, Zendaya, Tom Holland, Priyanka Chopra and Nick Jonas all... https://www.scmp.com/magazines/style/celebrity/article/3216753/inside-anant-ambanis-ultra-rare-us9-million-patek-philippe-son-asias-richest-man-mukesh-ambani?utm_source=rss_feed https://www.scmp.com/magazines/style/celebrity/article/3216753/inside-anant-ambanis-ultra-rare-us9-million-patek-philippe-son-asias-richest-man-mukesh-ambani?utm_source=rss_feed Thu, 13 Apr 2023 00:00:11 +0000 Apple is set to open soon its first official retail store in India, a landmark move for the iPhone maker which is placing big bets on the South Asian nation for everything from manufacturing to sales. The world’s most valuable company released a picture of the barricade of its new Apple Store in India’s financial capital of Mumbai on Wednesday, but stopped short of giving a date for its opening. The new Apple Store, housed in a posh shopping centre owned by billionaire Mukesh Ambani, is located... https://www.scmp.com/tech/big-tech/article/3216064/apple-open-first-retail-store-india-worlds-second-largest-smartphone-market-financial-capital-mumbai?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3216064/apple-open-first-retail-store-india-worlds-second-largest-smartphone-market-financial-capital-mumbai?utm_source=rss_feed Wed, 05 Apr 2023 07:19:47 +0000 Singapore-based multifamily office Farro Capital says it has amassed more than US$1 billion in assets under management just four months after it launched, highlighting the city state’s rise as a hub for wealthy clans. The firm was founded in October by former Bank of Singapore market head for Global South Asia and the Middle East Hemant Tucker, Maitri Asset Management’s ex-Chief Executive Officer Manish Tibrewal and three others. Much of the current client base is of Indian origin, and the rest... https://www.scmp.com/news/asia/southeast-asia/article/3212016/singapores-status-hub-wealthy-lures-indias-super-rich-asias-richest-man-mukesh-ambani?utm_source=rss_feed https://www.scmp.com/news/asia/southeast-asia/article/3212016/singapores-status-hub-wealthy-lures-indias-super-rich-asias-richest-man-mukesh-ambani?utm_source=rss_feed Thu, 02 Mar 2023 02:45:10 +0000 It’s been a heck of a year for one of the world’s richest families, the Ambanis. Family head Mukesh Ambani saw his wealth soar to around US$91 billion, according to Forbes. His children are getting even more involved in the family business, Reliance Industries, with big shifts that resulted in Isha, Akash and Anant taking the helm of different parts of the company. Mukesh, meanwhile, dug deep into his pockets to spend big on two properties in Dubai, with the landmark deals going viral. The... https://www.scmp.com/magazines/style/celebrity/article/3204125/ambani-heirs-epic-2022-twin-baby-joy-and-prithvis-school-life-mukeshs-succession-plan-akash-isha-and?utm_source=rss_feed https://www.scmp.com/magazines/style/celebrity/article/3204125/ambani-heirs-epic-2022-twin-baby-joy-and-prithvis-school-life-mukeshs-succession-plan-akash-isha-and?utm_source=rss_feed Thu, 22 Dec 2022 00:00:13 +0000 It’s been a year of bridging the gender gap and making money for Isha Ambani, all while carrying twins – the newest Ambani heirs. Daughter to Mukesh Ambani, whose net worth sits around US$92.5 billion (per Forbes), Isha has earned the respect of those around her since leading the retail sector for Reliance, bringing in big wins for the company. Her appointment to the leadership of Reliance has certainly elevated her standing in the business world – which is still largely dominated by... https://www.scmp.com/magazines/style/celebrity/article/3203013/billionaire-boss-babe-inside-isha-ambanis-momentous-2022-bridging-gender-gap-her-new-leadership-role?utm_source=rss_feed https://www.scmp.com/magazines/style/celebrity/article/3203013/billionaire-boss-babe-inside-isha-ambanis-momentous-2022-bridging-gender-gap-her-new-leadership-role?utm_source=rss_feed Tue, 13 Dec 2022 00:00:18 +0000 Shloka Mehta is one of the more accessible Ambani women – not just because she appears in public often, but because of her traditional clothing choices. Her authenticity and confidence have made her something of a fashion icon in India, and she loves to champion local designers wherever possible. But don’t think for a second this means Mehta isn’t bold with her looks – quite the opposite. When it comes to traditional wear, she wholeheartedly embraces the vibrant and patterned colours that... https://www.scmp.com/magazines/style/celebrity/article/3201555/inside-shloka-mehtas-glitzy-wardrobe-4-her-best-outfits-colourful-sabyasachi-lehenga-she-wore-armaan?utm_source=rss_feed https://www.scmp.com/magazines/style/celebrity/article/3201555/inside-shloka-mehtas-glitzy-wardrobe-4-her-best-outfits-colourful-sabyasachi-lehenga-she-wore-armaan?utm_source=rss_feed Thu, 01 Dec 2022 00:00:08 +0000