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Anant Ambani-Radhika Merchant wedding: Netizens amused by jaw-dropping Ambani wedding cost: Only 0.5% of Mukesh Ambani’s fortune!

Netizens say 'If Ambanis spend Rs 3 crore daily, their wealth will last 962 years'

Reported by:  PTC News Desk  Edited by:  Jasleen Kaur -- July 13th 2024 01:24 PM -- Updated: July 13th 2024 01:25 PM
Anant Ambani-Radhika Merchant wedding: Netizens amused by jaw-dropping Ambani wedding cost: Only 0.5% of Mukesh Ambani’s fortune!

Anant Ambani-Radhika Merchant wedding: Netizens amused by jaw-dropping Ambani wedding cost: Only 0.5% of Mukesh Ambani’s fortune!

PTC Web Desk: The Internet was abuzz after a Reddit post revealed the jaw-dropping Rs 5,000 crore cost of Anant Ambani and Radhika Merchant’s wedding, a mere 0.5% of Mukesh Ambani’s net worth. The user cheekily noted that expectations were around Rs 1,000-Rs 2000 crore, but Rs 5,000 crore was "mind-blowing." The post humorously pointed out that this amount could sustain five generations of a family.

The wedding took place on July 12. which drew global celebrities such as former UK Prime Minister Boris Johnson, Kim Kardashian, and Samsung CEO Han Jon to Mumbai.



Reddit users couldn't resist poking fun at the extravagant expenditure and the concept of generational wealth. One commented, “If the Ambanis spend Rs 3 crore daily, their wealth would last 962 years.”

Another mused about starting their own generational wealth with Rs 3 crore, while a third jested about launching a “Garibo ko 1 crore daan yojana” (Give Rs 1 crore to the poor scheme).


One user offered a detailed theory, suggesting that the Rs 5,000 crore wedding was a strategic investment by Reliance Industries. They pointed out that hosting 10 Oscar ceremonies in the US would cost less, and even a cruise party in Italy wouldn’t approach Rs 1,000 crore. “Businessmen don’t spend that kind of money without a return. Everything is an investment and promotion to expand their empire, even their kids’ relationships,” they wrote.


An Outlook report noted that while Rs 4,000-Rs 5,000 crore seems overwhelming, the Ambanis are actually spending a smaller percentage of their wealth compared to an average Indian family, which typically spends 5-15% of their total wealth on weddings. In contrast, the Anant-Radhika wedding accounts for only 0.5% of the Ambanis' fortune.

- With inputs from agencies

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