Anant Ambani and Radhika Merchant’s wedding was a spectacular event, drawing international attention and trending globally. The opulent ceremony featured numerous celebrities and politicians, amassing over 6.5 billion views online. Social media influencers shared unseen moments, further fueling public interest in this significant cultural event.
ByteDance founder Zhang Yiming has become the first person born in the 1980s to top the Hurun China Rich List, with a net worth of $49.3 billion. However, China’s billionaire wealth has shrunk for the third year running, while India’s richest have crossed the trillion-dollar mark for the first time, highlighting contrasting economic trends. This article compares the wealth dynamics in both countries.
Indian billionaire Mukesh Ambani and Nvidia CEO Jensen Huang joined forces at the Nvidia AI Summit India, outlining their ambitious plans to transform India into a global AI hub. The collaboration will see the construction of a massive 1 gigawatt AI infrastructure center in Gujarat, underscoring Nvidia’s commitment to India’s technological advancement.
BlackRock, the world’s largest asset manager, is reportedly planning to establish a private credit venture with Indian billionaire Mukesh Ambani’s Jio Financial Services. This move signifies a growing interest in the Indian market, particularly in direct lending. This partnership will mark BlackRock’s third collaboration with Ambani, expanding their presence in India’s financial sector.
A heartwarming video of Mukesh Ambani inviting his son-in-law, Anand Piramal, to join a family photo session at the Nita Mukesh Ambani Cultural Centre (NMACC) has gone viral, showcasing the close bond within the Ambani family.
Mukesh Ambani and his son Anant, along with RBI Governor Shaktikanta Das and several Bollywood celebrities, visited Lalbaugcha Raja, a prominent Ganesh idol during Mumbai’s Ganesh Chaturthi festival. The event garnered significant attention and donations, reflecting its cultural and religious significance.
While Mukesh Ambani is Asia’s richest individual, Reliance Industries, his flagship company, struggles to secure a top spot among Asia’s most valuable firms. This highlights a disparity between personal wealth and corporate valuation, as tech giants like TSMC, Tencent, and Samsung dominate the market, pushing Reliance further down the list.
Mukesh Ambani, Asia’s richest person and Chairman of Reliance Industries Limited, has opted for zero salary for the fourth consecutive year. While Ambani’s salary remains nil, his wife Nita Ambani and their children received sitting fees and commissions for their roles on the company’s board. This decision comes after Ambani chose to cap his annual compensation in 2008 and later pledged to forgo his salary until Reliance’s financial position improved.
Anant Ambani, the youngest son of Mukesh Ambani, is making his mark in the business world. He holds a significant share in Reliance Industries, serves as a director of Reliance Jio, and actively participates in the company’s renewable energy projects. His estimated net worth is close to $40 billion, solidifying his position as one of India’s wealthiest individuals.
Reliance Group, led by Mukesh Ambani, has announced the hiring of over 171,000 new employees across various businesses in the financial year 2023-24 (FY24), bringing its total workforce to nearly 348,000. Notably, 81.8% of the new hires are below the age of 30, highlighting the company’s focus on attracting younger talent. The report also reveals significant investment in employee development and training, including initiatives like Spectrum 8.0, LinkedIn learning, and Coursera upskilling programs.
