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Meet Billionaire Owner Of The World's Most Expensive Yacht Amevi; It's Worth Rs 1,000 Crore

The owner’s suite on the upper deck features a cut above the rest with a full-beam design. it also includes a lounge and private outdoor space with two jacuzzis..

It's not news that the world's top billionaires own ridiculously expensive things, from luxury cars to opulent houses and private jets. We have all witnessed that the ultra-rich have a penchant for all things luxury.

But the world's most expensive yacht, the Amevi superyacht, can put even the most extravagant things. And it is owned by none other than the steel magnate Lakshmi Mittal. Here's all about Amevi.

All about superyacht Amevi

Mittal owns a 262-metre Amevi superyacht worth around Rs 1,000 crore. The yacht has a swimming pool, gymnasium, spa and cinema hall. Amevi features a magnificent sky lounge, offering panoramic views and a large terrace to get to the sun decks. It also features a massage room, salon, helipad, and stabilised pool table.

The Amevi superyacht was built in 2007 by Oceanco, a shipyard based in the Netherlands and designed by Nuvolari Lenard. Oceanco is a team of experts who merge the expertise of old-world Dutch craftsmanship with cutting-edge technology to create unparalleled masterpieces.

Renowned luxury yacht designer Alberto Pinto has designed the interiors of Amevi. It accommodates 16 guests in its 8 VIP rooms and can carry over 20 crew members.

The owner's suite on the upper deck features a cut above the rest with a full-beam design. It also includes a lounge and private outdoor space with two jacuzzis.

The yacht has twin MTU 16V 595 TE70 engines with a total power of 9,100 HP (6,800 kW). The yacht reaches a maximum speed of 18.5 knots or 34.3 kmph, with a cruising speed of around 14 knots or 26 kmph.

Ranked the 7th richest Indian globally, Mittal has embarked on voyages to India, Spain, Gibraltar, and Norway aboard his lavish yacht.

Most expensive yachts by Indian billionaires

Other prominent Indian billionaires who possess yachts include Mukesh Ambani, Anil Ambani, Adi Godrej and Gautam Singhania, among others.

Mukesh Ambani, Asia's richest man, reportedly owns an ultra-luxury yacht shaped like a horseshoe, boasting a mind-boggling cost of $100 million. Stretching an impressive 58 meters, the yacht is replete with luxurious amenities, including private suites, a spa, a 25-meter swimming pool, and a lounge bar.

Not to be outdone, his younger brother Anil Ambani, accompanied by his wife Tina Ambani, also purchased a yacht named TIAN, though the exact cost, rumoured to be around Rs 200 crore, remains undisclosed.

Former billionaire Vijay Mallya once used to own a yacht named the Empress of India, which he had bought for an undisclosed amount in 2006. Mallya said in 2018 that the 95-metre yacht was sold for 43.5 million.

For more on news and current affairs from around the world, please visit Indiatimes News.

Senior Writer at Indiatimes. She writes on International Affairs and human interest stories shared on social media.

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Meet the Indian billionaire with a net worth of Rs 1.35 lakh crore – He owns a yacht worth over Rs 1,000 crore – No, it’s not Gautam Adani or Mukesh Ambani

I ndia’s billionaire roster continues to expand, with the number of billionaires rising to 169 in Forbes’ 2023 list, up from 166 the previous year. Known for their lavish lifestyles, these billionaires frequently make headlines with their luxury vehicles, palatial homes, and private jets. While many have invested in opulent modes of transportation, only a select few, including Mukesh Ambani and Gautam Singhania, own yachts. However, there’s one Indian billionaire whose yacht stands out as the world’s most expensive. Here’s a closer look at this remarkable individual and his extraordinary vessel.

Lakshmi Mittal: The Steel Tycoon with an Impressive Yacht Collection

Lakshmi Mittal, Chairman of ArcelorMittal, is the Indian billionaire who commands attention with his extraordinary luxury yacht. With an astounding net worth of approximately $16.3 billion (Rs 1,35,282 crore), Mittal is among the richest individuals globally. His fortune stems from his leadership in ArcelorMittal, one of the world’s largest steel manufacturing companies.

The Amevi Superyacht

Mittal’s yacht, the Amevi, is a testament to his opulence. Valued at around $125 million (approximately Rs 1,037 crore), the Amevi is a 262-meter-long superyacht that boasts a range of luxurious features. Designed by renowned interior designer Alberto Pinto in 2007 and built by the esteemed Italian yacht design studio Nuvolari Lenard, the Amevi is a marvel of modern maritime luxury.

Luxury Features and Accommodations

The Amevi offers an array of high-end amenities, including:

• Heated Swimming Pool : An inviting space for relaxation and leisure.
• Grand Sky Lounge : A sophisticated area for socializing and enjoying panoramic views.
• Cinema Hall : For private movie screenings in ultimate comfort.
• Well-Equipped Gymnasium : Ensuring guests can maintain their fitness regimes.
• Massage Room : For rejuvenating and relaxing treatments.
• Stabilized Pool Table : For a touch of recreational fun.
• Helipad : Facilitating easy and convenient transportation.

The superyacht can comfortably accommodate around 16 guests in 8 VIP suites and house 22 staff members in 10 cabins, providing an unparalleled level of service and privacy.

Engine and Performance

Equipped with a twin diesel MTU 16V 595 TE70 16-cylinder engine, the Amevi can achieve a cruising speed of up to 14 knots. This powerful engine ensures both performance and luxury are seamlessly integrated.

Other Notable Yacht Owners in India

Mukesh ambani’s luxury yacht.

Mukesh Ambani, another prominent Indian billionaire, is known for his extravagant tastes, which include a luxurious yacht of his own. His 58-meter-long yacht, shaped like a horseshoe, reportedly cost around $100 million (approximately Rs 829 crore). This yacht also epitomizes luxury and is part of Ambani’s extensive collection of opulent assets.

Anil Ambani’s Yacht

Mukesh Ambani’s younger brother, Anil Ambani, also owns a yacht named TIAN, valued at approximately Rs 200 crore. The TIAN reflects the Ambani family’s penchant for luxury and high-end living.

Salman Khan To Mukesh Ambani; Richest Indians Who Own Luxury Private Yachts

By Mashable India

23 June 2023

1. Salman Khan

Khan reportedly purchased a yacht worth rs 3 crore in 2009 and replaced it with a new, more expensive model on his 50th birthday in 2015, 2. mukesh ambani, mukesh ambani is the richest man in india and reportedly owns a yacht worth us 100 million dollars., 3. lakshmi mittal,  indian steel tycoon and the executive chairman of arcelormittal, mittal, owns a 80-metre superyacht, amevi, built by oceanco. the ride costs around us 125 million dollars., 4. tina ambani's yacht, anil ambani reportedly gifted his wife tina ambani a yacht worth $84 million or rs 400 crore., 5. gautam singhania, chairman of the raymond group, gautam singhania reportedly owns a luxurious yacht named my ashena..

Ambani's Jets, Mittal's Yachts: Luxurious Rides Of The Ultra-Rich

Who Owns What

Private yachts and customised planes. Check out the travel modes of the jet set that double up as meeting venues, party hangouts and spots to host special occasions. For those Indians — and those with desi roots — who are counted among the world’s wealthy, island hopping in Europe aboard their customised 200-feet yacht or taking off in their bespoke jet across the continent are but a way of putting a monogram on their commute. Take a look at the rides of the jet set:

Lakshmi Mittal’s Amevi

In 2014, this London-based billionaire was spotted relaxing on the Greek island of Mykonos, dressed casually in a white T-shirt and baggy shorts. A newspaper report speculated that while Mittal lounged on the beach alongside other tourists, his 262-feet-long yacht Amevi was parked in the waters nearby. Some amenities on board: Sun decks, a heated swimming pool, a cinema, a gym, a massage room, a hairdressing salon as well as a unique, stabilised pool table to name a few.

Mukesh Ambani’s Boeing Business Jet

More than a decade ago, it was reported that Ambani gifted his wife, Nita, a private jet on her 44th birthday. It was said at the time that this jet was “custom-fitted with an office and a cabin with game consoles, music systems, satellite television and wireless communication. It also has a master bedroom, a bathroom with a range of showers and a bar with mood lighting”. As his personal ride, Ambani reportedly favours a Boeing Business Jet. “Most often, they want access to the same amenities in the air.” That’s how the airplane maker describes their customer’s requirement, a.k.a, a flying home, as that’s what’s wanted.

Ravi Ruia’s Sunrays

“The ultimate guest and owner’s yacht.” That’s how the captain of Sunrays, delivered in March 2010 describes it. According to a description of the yacht available on the Oceanco’s website, “The upper deck is given over to the owner’s suite and an adjacent VIP suite that can be combined to create one expansive living area. Both suites have fold-down sea balconies. The owner’s exterior foredeck hosts a whirlpool and sunbathing area. The remainder of the yacht’s accommodations for up to 16 guests is on the main deck with one VIP stateroom and four guest cabins.” The large dining room can be converted into a video conference room with the optional use of the adjacent library. Foldable sea balconies provide guests unimpeded views while dining.

Kumar Mangalam Birla’s Cessna Citation

A blog published by an apparel brand, owned by the Aditya Birla Group, documented the private jets of India’s rich and famous. The listicle included the jets owned by Birla, the Group’s chairman. It said, “Few people know that this sharp, business-minded entrepreneur also has a sweet tooth, when it comes to sweet flying machines, with his Gulf Stream (G100) and Cessna Citation...It’s believed that Citations are the world’s most established, well-liked and most trusted fleet of business jets. The jet has high-tech design of pilot-friendly flight decks and luxury cabin interiors. Birla is often spotted taking a ride in his luxurious aircrafts.”

Sunil Vaswani’s Platinum

This Dubai-based billionaire’s yacht is apparently a fixture in the Mediterranean and was even spotted at the French Riviera around the time that the Cannes Film Festival was held this year, with others in the list for company. Vaswani, who is considered to be one of the richest Indians in the Gulf Cooperation Council (GCC) countries, was once described as he “who lives on multiple continents and sails the Mediterranean each summer in an all-purpose luxury yacht”. The logo of the Stallion Group, which he heads, adorns the yacht.

Ratan Tata’s Dassault Falcon 2000

Tata’s love for aviation is an open secret. But he is perhaps one of the handful of billionaires in the world who not only owns a private jet, but even flies one. “A lot of people know that Ratan Tata owns a Dassault Falcon 2000 private jet but, what they do not know is that since Tata is a trained pilot, he even flies his own private jet and other jets owned by the Tata group,” said an earlier report.

Reuben Brothers’ Siren

“While watching the boat slowly taking shape in Rendsburg, we suddenly became aware of how seductive and mysterious she seemed. We just knew then that we had to call her SIREN and we are absolutely delighted with the result.” That’s the quote attributed to the owner of the 241 feet-long Siren, on the website of Nobiskrug, the German company that built the yacht. Presumably the owner quoted in question is either David Reuben or his brother Simon. Commonly referred to as the Reuben Brothers, they trace their roots back to Mumbai, and are counted among the UK’s richest individuals. Theirs is an award-winning superyacht with a foldable helicopter platform, that can double up as “a sundeck, a dance floor or a stage”.

Adar Poonawalla’s Gulfstream G550

Earlier this year, this scion became the first Indian to take delivery of a fully customised, ACH145 helicopter by Airbus. While his new ride, with a seating capacity of eight is great for covering relatively shorter distances, his Gulfstream G550 aircraft is reportedly his transportation of choice for long-haul journeys. In an earlier interview, Poonawalla had said, “With a 13-hour range, it (his jet) can take me to anywhere in the world with a single halt.” The report further added, “The plane can also come in handy when he (Poonawalla) craves continental food and in case he wants to fly in Michelin star chefs to cook for his friends and him.”

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From Luxury Cars To Yachts & Private Aircrafts, 7 Expensive Things Owned By Mukesh Ambani

By Rinie Wilson

| Published on March 4, 2020

According to the latest report of Hurun Global Rich List 2020 , Mukesh Ambani is number 1 in Asia and the ninth richest person in the world. RIL’s Chairman Mukesh Ambani ‘s net worth is estimated at Rs 4,80,700 crores or $ 67 billion.

As per the report, Mukesh Ambani’s earnings grew by 24 percent, making him the richest businessman in India. In 2019, Mukesh Ambani has earned around Rs 7 crores every hour.

The businessman who topped this list is none other than Amazon ‘s CEO Jeff Bezos .

So let’s have a look at some of the prized possessions owned by Mukesh Ambani & his family.

1. Rolls-Royce Phantom

The base on-road price of a Rolls-Royce Phantom in Mumbai is Rs 13.5 crore. However, this is the price without any customization option and we all know that Rolls Royce is known for its customized products. So we can safely say that the car in the Ambani’s garage is worth much more than Rs 13.5 crore, making it one of the most expensive Ambani vehicles.

2. BMW760Li

This BMW has a bulletproof exterior, which costs Rs 8.5 crores. Since the registration charge on armored cars is high, Ambani gave an additional charge of Rs 1.6 crores. And if the car’s tires get damaged (or shot at), all will be well as they are self-supporting and can easily run on flat tires.

The yacht owned by Mukesh Ambani has a solar glass roof and is 58 meters long and 38 meters wide. At the same time, the yacht has three decks with facilities such as a piano bar, lounge and dining area, and a reading room with a suite for guests. Although no disclosure has been made about its price, the yacht is said to be worth over Rs 600 crores.

4. Falcon 900EX

The Falcon 900EX aircraft has a mid-flight office, cabin with game control, music system, satellite television, wireless communications. The jet is said to have an estimated cost of $ 43 million.

5. Maybach 62

The Mercedez Maybach 62 was a gift to Mukesh Ambani from his wife Nita Ambani on his birthday. She even customized it further to make the car even more special. The cost of the car is Rs 5.15 crore and it can also touch a top speed of 250 kmph.

6. Aston Martin

The car starts at Rs 3.8 crore and gets power from a 5.9L, V12 engine that sheds out 470 bhp of power along with a peak torque of 601 Nm.

Inspired by the mythical Atlantic island, Mukesh Ambani ’s Antilia is located in South Mumbai’s Altamount Road. It is estimated to be the world’s second-most expensive property after the Buckingham Palace. The high-end mansion reportedly costs an estimated $1-2 billion.

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• Amazon , antilia , Aston Martin , BMW , BMW760Li , Falcon 900EX , Hurun Global Rich List 2020 , Jeff Bezos , Mercedez Maybach 62 , Mukesh Ambani , Nita Ambani , Rolls-Royce Phantom

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5 Indian Celebrities And Business Tycoons Who Own Lavish Yachts

Be it business tycoons or celebrities both make headlines with their extravagant purchases. Be it private jets, vanity vans, etc. celebs and tycoons do own one. One of such extravagant purchases is Yacht. This sailing vessel is generally used for sailing, cruising and also racing. Our Indian celebrities and tycoons have already invested in yachts and here are the names.

1. Mukesh Ambani

Indian business magnate Mukesh Ambani loves yachts and owns one which looks nothing less than a floating palace in the sea. It is a 3 deck luxurious and uniquely shaped yacht about 58 metres long and 38 metres wide. There is a lift that connects the decks. The yacht is rumoured to be about 78 million pounds sterling. 

2. Laxmi Mittal

Laxmi Mittal is popularly known as a steel magnate in India and owns one of the largest yachts in the world which is about 80 metres named Amevi. The Yacht has 8 VIP staterooms. Mittal has his own cabin with lavish furniture and Italian marble used in the bathroom. The yacht is about 113 pounds sterling and was built in the Netherlands. 

3. Salman Khan

In the ‘Tiger Of Bollywood’, Salman Khan owns some of the most lavish things and adds to it a yacht. On his 50th birthday in 2016, the actor had gifted himself a yacht reportedly worth 3 crores. He has been hosting a lot of parties on the yacht for his close friends and family. The actor also prefers sailing on his private yacht to unwind with his close friends. 

4. Gautam Singhania

Chairman of the Raymond Group, Gautam Singhania owns a luxurious yacht named MY Ashena. He loves collecting luxury vehicles and his yacht is one of them. The three decked luxurious yacht is completely made out of Burma teak wood. The yacht was constructed in 5 years.it is reportedly said that Gautam spends a whopping amount of 51 crores on the yacht. 

5. Anil Ambani

Anil Ambani, an Indian business tycoon, gifted a luxurious yacht to his wife, Tina Ambani. Including construction and import charges, Anil Ambani paid about 63 million pounds sterling. The yacht is generally anchored near the Gateway of India and the couple does go to exotic locations on it. 

Also read:  5 Most Expensive Private Jets Owned By Bollywood Celebrities

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Everything There Is to Know About the Extravagant Ambani Wedding

The nuptials are estimated to have cost over $300 million

Every product on this page was chosen by a Harper's BAZAAR editor. We may earn commission on some of the items you choose to buy.

There are weddings, and then there’s the Ambani wedding.

Since their engagement in December 2023, Ambani and Merchant have been building up to their big day by hosting increasingly lavish events that sounded almost too extravagant to be true. Whether that meant a European cruise featuring performances by the likes of Katy Perry and Andrea Bocelli, or a pre-wedding party with a rare appearance by Rihanna, the two have spared no expense.

Of course, with Ambani being the youngest member of the richest family in Asia, and Merchant being the heir to her own billionaire bloodline, it’s no surprise the families have been going all out. We got a good example of what this wedding would be like back in 2018, when Anant’s sister, Isha, got married and the costs were estimated at upward of $100 million. And Anant being the last of the Ambani children to tie the knot, it’s clear the family wants to go out with a bang.

Here, we’ve rounded up everything you need to know about the official Ambani wedding weekend—from the cost to the star-studded guest list, and everything in between.

How much did the wedding cost?

The big question on everyone’s mind is: Just how much will this wedding cost?

The Ambanis have remained mum about total figures, but an event management owner estimated to the BBC that the cost is at least somewhere between 11 billion and 13 billions rupees (around $132 million to $156 million).

Other estimates have been even higher. The Daily Mail crunched the numbers and estimated that the wedding has to have cost approximately $320 million, considering the price of security, transportation, food, and money paid to performers. (When Rihanna showed up to the pre-wedding ceremony in March, it was believed she got a check for around $7 million.)

Of course, this is just a drop in the bucket for the Ambani family. Anant’s father is currently the richest man in Asia, after all, with an estimated net worth of $123.3 billion, and he ranks as the 11th-richest man in the world.

Who will perform at the main event?

Although details are still unknown, it is believed the main wedding event will feature quite the headline-grabbing name, with several outlets floating rumors that Drake, Adele, or Lana Del Rey will perform at the ceremony.

None of these stars would come as a huge surprise, given that the list of musical performers for the pre-wedding festivities has looked like a Grammys lineup.

In March, the pre-wedding party included the performance by Rihanna, whose last previous high-profile appearance was when she headlined the Super Bowl in 2023 (casual). The evening also included sets bt Akon and Diljit Dosanjh, the first Punjabi singer ever to perform at Coachella.

Then, when the families hosted a European cruise in May, the roster of performers was equally impressive, with Katy Perry, Andrea Bocelli, the Backstreet Boys, and Pitbull all taking the stage. As if that weren’t enough, Justin Bieber showed up for a surprise performance last week at a pre-wedding event in Mumbai, a gig he was reportedly paid $10 million for.

Given that a previous Ambani wedding featured a performance by Beyoncé, we’re guessing that no prediction is too big at this point.

What celebrities will be in attendance?

While the musical performer is sure to be an A-lister, the guest list (rumored to be up to 1,200 people) will include plenty of major names as well.

In the lead-up to the nuptials, pre-wedding festivities have been attended by the likes of Mark Zuckerberg, Bill Gates, Hillary Clinton, Ivanka Trump, and Bollywood stars like Aishwarya Rai Bachchan, Deepika Padukone, and Ranveer Singh.

We know even more famous faces will be in attendance at the main event. On Instagram this week, Kim and Khloé Kardashian shared snaps as they arrived at their hotel in Mumbai ahead of the wedding. Meanwhile, Priyanka Chopra and Nick Jonas also arrived on Thursday, which comes as no surprise, given that Anant and Radhika both attended the couple’s wedding festivities back in 2018.

Other celebrities spotted in the area have included John Cena, Law Roach, Rajkummar Rao, and former British prime minister Tony Blair. According to Vanity Fair , invitations reportedly went out to other former prime ministers, like Boris Johnson, as well as celebrities like Mike Tyson, David Beckham, and former U.S. Secretary of State John Kerry.

Where will the wedding take place?

Mumbai will be slightly shut down this weekend, with the Evening Standard reporting that the wedding is being considered a “public event,” much like royal weddings are.

On Friday, the couple will have their main event at the Jio World Convention Center in the Bandra-Kurla Complex, a venue that can hold up to 16,500 people. According to CNN , a red carpet will be rolled out for all the star attendees, and the dress code is classical Indian attire.

In addition, there will be other ceremonies taking place at Antilia, a 27-story Ambani family tower block that has been decorated lavishly ahead of the weekend. This residence, valued at $4.6 billion, was lit up ahead of the nuptials with various colors, and it was also decorated with strings of flowers, while musicians performed live music outside the building hours ahead of the ceremony.

This weekend, the wedding will take place over the course of three days, with the main ceremony at Jio World Convention Center taking place on Friday, July 12, followed by a “Shubh Ashirwad” divine blessings ceremony on July 13 and a “Mangal Utsav,” or reception, on Sunday, both of which will take place in Antilia.

How long have the wedding festivities been going on?

While the wedding proper is only a weekend long, the Ambani wedding festivities are going on seven months now, with the first event—the engagement party—having taken place back in January.

At the beginning of the year, Merchant took part in a mehndi ceremony, where her hands and feet were decorated with henna. The following day, there was an engagement bash, or gol dhana .

Over the months that followed, the celebrations have only gotten bigger and more extravagant, with the families throwing a “pre-wedding party” in March in the city of Jamnagar, where the celebration included fireworks, a feast, and the aforementioned Rihanna performance.

May saw the European cruise, which traveled to various spots across the Mediterranean and included such events as a masquerade ball.

And earlier this July, the couple held a mass wedding, a sangeet (a night of music and dance) and a haldi blessing ceremony.

This Sunday should mark the end of the nearly year-long wedding proceedings. And then we have the honeymoon to look forward to!

Joel is the editorial and social media assistant for HarpersBAZAAR.com, where he covers all things celebrity news. When he steps away from the keyboard, you can likely find him singing off-key at concerts, scavenging thrift stores for loud wardrobe staples, or perusing bookstores for the next great gay romance novel.

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The numbers behind the staggering wealth of Asia’s richest family

The ambani family’s wealth is reportedly equal to a tenth of india’s total gdp, article bookmarked.

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The Ambanis have topped the list of the most valuable family businesses with a valuation that is equivalent to 10 per cent of India’s Gross Domestic Product ( GDP ), according to a Barclays-Hurun India report.

Reliance Industries, which is part of the Ambani family’s Rs25.75 trillion (£239.47bn) empire, runs India ’s leading conglomerates in petroleum refining and marketing, oil and gas, organised retail, telecommunication , and other digital streaming services .

The Ambanis and their wealth have been a source of both fascination and outrage over this year.

Mukesh Ambani ’s 29-year-old son Anant’s over-the-top wedding festivities started in March and finally culminated in a three-day extravagant celebration in July that saw the likes of Rihanna , Katy Perry , Andrea Bocelli, and Justin Bieber flown in as performers and global celebrities from Kim and Khloé Kardashian to former world leaders Tony Blair and Boris Johnson attending .

According to reports, Bieber charged $10m (£7.84m) to perform at one of the wedding functions, Rihanna was paid anywhere between $8-$9m (£6-7m) for a pre-wedding celebration, while Katy Perry charged between $4-$5m (£3.1-3.9m) to perform during a second pre-wedding celebration.

The exact cost of the Ambanis’ wedding festivities continues to be undisclosed, but Indian media and wedding planners estimated that the wedding celebrations alone would easily exceed $300m (£235m). If taken into account both pre-wedding events, The Guardian estimated that the total could reach up to $600m (£470m).

The Ambanis are followed by the Bajaj family in second position with a valuation of Rs 7.13 trillion (£66.31bn), and the Birla family in third place, with a Rs5.39 trillion (£50.31bn) valuation. Together, these top three families are valued at $460bn (£361bn) – equal to the GDP of Singapore – according to the report.

These rankings are based on the company valuations as of 20 March 2024, and the methodology excludes all private investments and liquid assets and adjusts for cross-holdings to prevent double counting.

Who are the Ambanis?

Mukesh Ambani , 67, who is the chairman and managing director of Reliance Industries, and Asia ’s richest man, is worth $120bn (£94bn), according to Forbes in July 2024.

His wife, Nita Ambani, is the founder and chairperson of Reliance Foundation, Reliance Industries’ corporate social responsibility arm. She was elected by the International Olympic Committee to join as an individual member in August.

The couple have three children: Akash Ambani, 38, chairman of Reliance Jio, the telecommunications giant; daughter Isha, 38, who oversees the retail arm, and Anant, who is taking care of the energy business.

How many real estate properties do the Ambanis own?

The Ambani family home in Mumbai, named Antilia after a phantom island in the Atlantic Ocean, is the world’s second most expensive residence after Buckingham Palace. Located in the posh Altamount Road in South Mumbai, popularly called the Billionaire’s Row, the 27-storey private apartment building stands 568ft in height and is valued at $2bn (£1.56bn). The building has three helipads, a 168-car garage, multiple swimming pools, four levels of energy-saving gardens, a 50-seater movie theatre, and a fitness centre.

The Ambanis also own a 100-year-old ancestral mansion in Chorwad, in the Junagadh district of the western Indian state of Gujarat, where Reliance founder Dhirubhai Ambani grew up. Spread over 1.2 acres, the home has been restored and renovated several times over the years, and parts of it have also been open to visitors.

In Dubai, Mukesh Ambani owns a beach villa on the Palm Jumeirah Island, which he purchased in August 2022 for reportedly $80m (£63m). The villa, that was gifted to Anant, is spread over 3,000sqft, has 10 bedrooms and a 70m-long private beach.

In 2021, Mukesh Ambani drew the ire of the local community, when he bought Stoke Park in Buckinghamshire, then a popular and storied golf and country club, and shut it down for renovation. The iconic estate has been featured in two James Bond films, Goldfinger and Tomorrow Never Dies , Aishwarya Rai-starrer Bride and Prejudice , and Netflix’s hit series The Crown shot here as well.

Stoke Park, which once belonged to Queen Elizabeth I, was bought for reportedly £57m ($72m). After the local council raised concerns that the proposed renovations were allegedly unauthorised and that the Ambanis were not respecting leasehold terms that state it must be a commercial property, the management said that the estate will reopen and be turned into a 7-star hotel with a new clubhouse and a revamped golf course, reported the Financial Times .

In 2022, Mukesh Ambani bought a controlling stake of 73.4 per cent in the Mandarin Oriental in New York City for $98.2m (£76.96m). The 248-room hotel, with a state-of-the-art fitness centre and a 75ft lap pool overlooking the Hudson River, is the first pick of Hollywood royalty and hedge fund billionaires.

What other assets does Reliance Industries own?

Reliance Industries bought Mumbai Indians, a franchise cricket team that competes in the Indian Premier League (IPL), in 2008 for $112m (£88m). In 2017, the team became the first IPL franchise to cross the $100m (£78m) in brand value, and according to Forbes is valued at $1.3bn (£1bn).

The conglomerate also owns the Mumbai Indians team that plays in the Women’s Premier League, the MI Cape Town team that plays in SA20 in South Africa, MI Emirates that competes in International League T20 (ILT20) in UAE, and MI New York that competes in the Major League Cricket (MLC).

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While his father, Mukesh Ambani, who is worth $124 billion, wears a $9,000 Rolex, his son Anant, at his wedding, gifted his 25 close friends gold Audemars Piguet watches worth $250,000 each.

Note – As of writing this article, according to Forbes, Mukesh Ambani has a net worth of $124 billion.

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While her father-in-law Mukesh Ambani, who is worth $122 billion and is Asia’s richest man, wears a simple $9,000 Vacheron Constantin watch, Shloka Mehta adorns her wrist with a stunning $190,000 Audemars Piguet Royal Flying Tourbillon made of titanium.

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Celebrity jeweler Lorraine Schwartz, the hidden hand behind the iconic red carpet jewels of Beyoncé, Lauren Sanchez, the Kardashians, and many more, shares a sparkling bond with Asia’s richest man, Mukesh Ambani, and his family.

Like a true modern-day maharaja, Anant, the scion of Asia’s richest man, Mukesh Ambani, wore a turban brooch that had a dazzling $25 million, 100-carat diamond as its centerpiece.

Audemars Piguet introduces the Royal Oak “Jumbo” Extra-Thin Ref. 16202 to celebrate the 50th anniversary of the iconic Gérald Genta-designed watch

While her parents stay in a $4.8 billion 27-storey home, Isha, the daughter of Mukesh Ambani, Asia’s richest man, lives in a 55,000 sq.ft diamond-themed sea-facing mansion. The 27-year-old received this multi-storeyed abode as a wedding gift

While her father Mukesh Ambani who is Asia’s richest man, uses a $1.2 million armored Mercedes, Isha moves around in a special Rolls Royce Cullinan that is covered in a mesmerizing color-changing wrap.

Anant, the son of Mukesh Ambani, who has a net worth of $124 billion, was spotted with Justin Bieber, wearing a $300,000 Audemars Piguet timepiece studded with 1,330 diamonds. The superstar made a cool $10 million for a private gig at the billionaire’s pre-wedding function.

Forget a fancy resort, but Asia’s richest man, Mukesh Ambani, booked the entire town of Portofino for his son Anant’s second pre-wedding celebration. Around 1,000 of his guests and the residents of the scenic Italian locale swayed to the voice of opera singer Andrea Bocelli.

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Ambani salary breakdown: What Mukesh Ambani, Nita Ambani, their kids Isha, Akash, and Anant earned in FY2024

Mukesh ambani, nita ambani, and their children’s salaries for fy2024.

Reliance Industries Limited (RIL), spearheaded by Mukesh Ambani and his family, stands as one of India’s foremost conglomerates. Founded by the visionary Dhirubhai Ambani, RIL has evolved into a global powerhouse with interests spanning petrochemicals, refining, telecommunications, retail, and more. The Ambani family, known for their astute business acumen, commands significant influence in both national and international markets.

Wealth and Holdings

According to Forbes, the Ambani family is the wealthiest in Asia, boasting a staggering net worth of $113.5 billion (approximately Rs 9 lakh crore). Their majority stake of 50.33% in RIL translates into substantial dividends. For the fiscal year 2023-24, dividends alone amounted to Rs 3,322.7 crore.

Mukesh Ambani’s Salary

Mukesh Ambani , the Chairman and Managing Director of RIL, has notably abstained from drawing a salary from the company for the past four fiscal years. This decision, initiated in response to the economic challenges posed by the COVID-19 pandemic, continues into FY2024. Despite his pivotal role in steering RIL’s strategic direction, Ambani has opted out of any compensation, including allowances, perquisites, and stock options.

Nita Ambani’s Earnings

Nita Ambani, while previously serving as a non-executive director on RIL’s board until August 2023, earned Rs 2 lakh as a sitting fee and Rs 97 lakh as commission during FY2023-24. Her contributions extend beyond corporate governance, emphasizing her active engagement in philanthropic endeavours through the Reliance Foundation.

Roles and Contributions of Akash, Isha, and Anant Ambani

Mukesh and Nita Ambani’s children—Akash, Isha, and Anant—have assumed integral roles within RIL’s operations:

Akash Ambani

Akash Ambani, armed with an economics degree and a commitment to innovation, serves as the chairman of Reliance Jio Infocomm Limited. His leadership has been instrumental in consolidating Jio’s position as a leader in India ’s telecommunications sector.

Isha Ambani

Isha Ambani, Akash’s twin sister and a Stanford MBA graduate, plays a multifaceted role across various divisions of RIL. She holds positions on Reliance Retail Ventures Limited and Reliance Jio Infocomm Limited boards and contributes significantly to educational initiatives under the Reliance Foundation.

Anant Ambani

Anant Ambani, leveraging his education from Brown University, has emerged as a director on Jio Platforms Limited, Reliance Retail Ventures Limited, Reliance New Energy Limited, and Reliance New Solar Energy Limited. His strategic insights bolster RIL’s endeavours in emerging sectors.

Despite their substantial wealth and influential positions within RIL, Mukesh Ambani, Nita Ambani, and their children refrain from drawing exorbitant salaries from the conglomerate. Instead, their compensation reflects a modest approach aligned with broader corporate governance principles. Their combined efforts steer RIL’s growth trajectory and underscore their commitment to sustainable business practices and societal development initiatives.

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Here's how much Mukesh Ambani's Antilia really costs

Asia’s richest man Mukesh Ambani, who was also featured in the world’s top 10 richest persons list last year, drives around in luxury cars with top-end Mercs and Range Rovers forming his security convoy. The business magnate also made a whopping Rs 90 crore/hour since March 2020 – a time that marked pandemic induced lockdown. And he lives in Antilia, the iconic building in Mumbai which is one of the most expensive properties not just in India, but in the world. 

Antilia was built by an international team. Australian construction giants, Leighton Holdings, put together the blueprint and civil engineering in erecting the iconic property. The robust 27-storey building can also survive an earthquake of magnitude 8 on the Richter scale, per Architectural Digest .

The luxurious home is replete with a mid-air pool, multiple gymnasiums, theatres, massive parking space ( with parking space for 168 cars), and an indoor snow room that pumps artificial snowflakes 24x7, whether occupied or not. The home also has 9 high-speed elevators for different floors.

Neeta Ambani at Antilia

The exquisite interiors of Antilia have been imagined and brought to life by Chicago-based architects Perkins and Will. Some of their notable projects are the Center of Coastal and Deltaic Solutions, Collin College of Technical Campus and Albion Library in Toronto.

How much Mukesh Ambani’s Antilia really costs?

Ranked second among the world’s most expensive properties, one can only imagine that the house of India’s richest man comes at a steep price. Spread across 400,000-square-feet, featuring 3 helipads, and six-storey underground parking among other amenities, Antilia is priced between Rs 6,000 crore to Rs 12,000 crore, according to Forbes .

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When Nita Ambani incorporated lord Krishna motif in her mehendi for son Anant's wedding

Updated on: 20 August,2024 04:14 PM IST  |  Mumbai mid-day online correspondent |

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Nita Ambani chose a special design that combined the traditional practice of including a loved one's name in mehendi along with including a motif of lord Krishna

Nita Ambani

Nita Ambani is the backbone of the Ambani family and the driving force behind every event at Antilia. With Anant Ambani soon to marry his fiancée, Radhika Merchant, Nita's joy is clearly visible in her expressions and actions. For Anant's wedding, Nita chose a special mehendi design that features the names of all her family members.

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When Nita Ambani incorporated lord Krishna motif in her mehendi

Nita Ambani chose a special design that combines the traditional practice of including a loved one's name in mehendi on a significant occasion. For her youngest son Anant’s wedding, she went a step further by including the names of all her family members in her mehendi. On one hand, she specifically featured Anant and Radhika’s names.

On the other hand, she incorporated Akash and Shloka’s names along with Anand and Isha’s in a mandala pattern. In the centre of the design, she included Mukesh’s name along with the names of her four grandchildren. Additionally, Nita Ambani also featured a Radha-Krishna motif in her mehendi.

Nita Ambani spoke about the pre-wedding function of her son Anant Ambani with Radhika Merchant. She shared the relevance of art and culture and how she is "passionate" about them, saying, "Throughout my life, I have been inspired by arts and culture. It has deeply moved me and I am very passionate about it."

While talking about her son's wedding, she mentioned, "When it came to my youngest son Anant's wedding with Radhika, I had two important wishes - first, I wanted to celebrate our roots. Jamnagar holds a special place in our hearts and has profound significance. Gujarat is where we come from, it's where Mukesh and his father built the refinery, and I started my career by converting this arid and desert-like area into a lush green township and a vibrant community."

"Second, I wanted the celebration to be a tribute to our arts and culture and a reflection of our heritage and culture created by the hands, hearts and hard work of our talented creative minds. Sanskriti aur parampara ye neev hai Bhartiye sabhyata ki aur is prachin aur pavitra Bharat bhumi ko main dil se naman karti hu."

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