By: Jane Lewis 18/03/2019 Anil Ambani and his brother inherited a vast empire from their father. The death of the patriarch sparked a feud that continues to this day. That could have implications as India heads to the polls. Jane Lewis reports.At the height of their feud a decade ago, Anil Ambani ranked alongside his elder brother, Mukesh, as one of the world’s ten richest people, with an estimated net worth of $42bn, says the Financial Times. But there’s no doubt which of the brothers has emerged on top. A string of setbacks to Anil’s telecom-to-power empire has left “India’s theatrical tycoon on the ropes” and, for the cause of his downfall, cherchez le frère. For a while Anil basked in the sun as India’s most-feted magnate. But the rapid growth of his sibling’s huge mobile business, Reliance Jio, has “upended the industry and pushed Anil’s Reliance Communications (RCom) into crisis”. That … [Read more...] about Anil Ambani: downfall of India’s theatrical tycoon
Ambanis
Photo: Priyanka Chopra congratulates Akash Ambani and Shloka Mehta on their wedding with a heartfelt post
Priyanka Chopra was one among the many Bollywood film stars, business tycoons, politicians and sports personalities that descended in Mumbai on Saturday for the wedding celebrations of Mukesh Ambani’s son, Akash Ambani to Shloka Mehta . The actress, who is close friends with the couple and Akash’s twin sister Isha, made it a point to wrap up her shooting schedule in time to be by her friend’s side on this happy occasion. Videos from the do saw the beauty shake a leg with Aishwarya Rai Bachchan, Abhishek Bachchan, Karan Johar and many others as part of the baraat, while the wedding festivities got underway. Joining the many to wish the newlyweds a lifetime of happiness, Priyanka took to her Instagram handle to share a priceless picture from the wedding that saw Isha be the dutiful sister while her brother beamed with joy as he held his wife’s hand during the ceremony. “So happy for these two amazing people coming together for life... @aambani1 … [Read more...] about Photo: Priyanka Chopra congratulates Akash Ambani and Shloka Mehta on their wedding with a heartfelt post
Meet the Ambanis, the richest family in Asia, who live in a $1 billion skyscraper and mingle with royals, politicians, and Bollywood stars
Katie Warren, provided by Published 1:20 pm CST, Tuesday, March 5, 2019 Reuters, Getty, AP; Shayanne Gal/Business Insider The Ambanis are the richest family in Asia. The family patriarch, Indian business tycoon Mukesh Ambani, is worth an estimated $50 billion, according to Forbes' 2019 Billionaires List. Forbes recently ranked him the 13th-richest person in the world. The Ambanis live in a 27-story skyscraper in Mumbai, rumored to have cost $1 billion to build, which would make it one of the most expensive homes anywhere. The richest family in Asia is an Indian family who threw one of the most lavish wedding celebrations in recent memory, which included a private Beyoncé concert and celebrity guests including Priyanka Chopra and Nick Jonas, Hillary Clinton, and Arianna Huffington. The Ambani family is behind the oil-to-telecom conglomerate Reliance Industries. The company's chairman and largest shareholder is Mukesh Ambani, the richest man in Asia, who is … [Read more...] about Meet the Ambanis, the richest family in Asia, who live in a $1 billion skyscraper and mingle with royals, politicians, and Bollywood stars
Ambani, Ballmer lead world’s richest sports team owners: Forbes
By Thomas Barrabi Published March 05, 2019 Sports FOXBusiness Facebook Twitter Comments Print video Kylie Jenner becomes youngest billionaire to join Forbes' ranking of the world's billionaires Forbes Assistant Managing Editor of Wealth Luisa Kroll on Forbes' 33rd annual ranking of the world's billionaires. The world’s richest sports team owner does not own a franchise in any U.S.-based major sports league, according to Forbes’ latest annual rankings. Continue Reading Below Indian billionaire Mukesh Ambani, who outpaced all other team owners with a net worth of $50 billion, owns the Mumbai Indians cricket team of the Indian Premier League. The head of energy giant Reliance Industries, Ambani is the richest person in India and the 13th richest person in the world. MORE ON THIS KAREEM ABDUL-JABBAR NBA MEMORABILIA AUCTION NETS $3M FOR CHARITY PAPA JOHN'S, SCHNATTER REACH SETTLEMENT AGREEMENT Steve Ballmer, owner … [Read more...] about Ambani, Ballmer lead world’s richest sports team owners: Forbes
Akash Ambani and Shloka Mehta to get married on March 9 in Mumbai! All the details inside
After the grand wedding of their daughter Isha Ambani and Anand Piramal , the Ambanis are all set once again for the wedding of their son Akash Ambani, who is set to tie the knot with Shloka Mehta. Mukesh and Nita Ambani’s son Akash Ambani got engaged to diamantaire Russell Mehta's daughter Shloka Mehta last June. Reportedly, the couple is set to tie the knot on March 9 in Mumbai. Akash and Shloka were fond of each other ever since they were in school together. After their graduation, the duo went on to pursue their education and career choices. However, the two stayed in touch with each other. Finally, in March 2018, Akash asked Shloka to marry him while they were on holiday in Goa. The Ambanis are all gearing up for their son's wedding. Reportedly, Akash will host a grand bachelor party in Saint Moritz, Switzerland between February 23 and 25 which is expected to be attended by close to 500 guests. The guests will include Akash’s close friends including Bollywood … [Read more...] about Akash Ambani and Shloka Mehta to get married on March 9 in Mumbai! All the details inside