The Ambanis live in a $1 billion skyscraper home in Mumbai.
Reuters, Getty, AP; Shayanne Gal/Business Insider
Mukesh Ambani is worth $111 billion, according to the Bloomberg Billionaires Index.
The world's 11th-richest person is the chairman and majority owner of Reliance Industries.
The Ambanis live in a 27-story skyscraper in Mumbai thought to have cost $1 billion to construct.
Mukesh Ambani, the richest person in India and 11th-richest person in the world, is kicking off pre-wedding celebrations for his son Anant in Gujarat this weekend.
Mukesh Ambani is worth $111 billion per the Bloomberg Billionaires Index.
He's the owner and chairman of Reliance Industries, a massive conglomerate that includes telecom arm Jio Platforms, which has been thriving due to a "flurry" of investments in recent years, per Fortune.
This week the family is staging an extravagant 3-day pre-wedding celebration for Anant, Mukesh Ambani's youngest son. Tech heavyweights such as Bill Gates and Mark Zuckerberg are among the 1,200 guests attending the festivities, The Guardian reported. A performance by Rihanna is expected to kick off the first day of celebrations, per Reuters.
The star-studded list of invitees also includes Alphabet CEO Sundar Pichai and Samsung Electronics' executive chair, Jay Y. Lee, The Times of India reported.
The Ambani family home in Mumbai is a 27-story skyscraper that cost an estimated $1 billion to build.
Here's a look at the Ambani family's fortune, relationships, friends, and lavish lifestyles.
The Ambani family in India has been called Asia's richest family by Forbes.
From left to right: Akash Ambani, Anant Ambani, Isha Ambani, Nita Ambani, and Mukesh Ambani.
Reuters
The family patriarch, Mukesh Ambani, has an estimated net worth of $111 billion, making him the 11th-richest person in the world, according to Bloomberg.
The Indian family's massive wealth began with Dhirubhai Ambani, who founded Reliance Industries to manufacture fabrics and textiles.
In 2005, the brothers split the company in a deal negotiated by their mother, and Mukesh was left with control of the oil, gas, petrochemicals, and refining operations of the business.
Mukesh Ambani, left, and Anil Ambani, right, in 2015.
Reuters
Anil took over construction, telecommunications, asset management, entertainment and power generation businesses.
Today, 66-year-old Mukesh Ambani is worth an estimated $111 billion as the chairman and largest shareholder of Reliance Industries.
Nita and Mukesh have three children, the youngest being 28-year-old Anant Ambani, who has started taking part in some of his father's company's events and meetings.
Anant Ambani, left, with his parents, Nita and Mukesh Ambani.
Akash is married to his high school sweetheart, Shloka Mehta, the daughter of a well-known diamond merchant. Mehta reportedly studied at Princeton University and the London School of Economics.
Akash Ambani and fiancee Shloka Mehta at their pre-engagement party in Mumbai in June 2018.
They were married in Mumbai in March 2019. Google CEO Sundar Pichai, former British prime minister Tony Blair, and actress Priyanka Chopra were reportedly among the guests.
Akash Ambani and Shloka Mehta at their wedding.
Milind Shelte/The India Today Group via Getty Images
Other pre-wedding festivities were held in the western Indian city of Udaipur.
A view of the illuminated City Palace in Udaipur, one of the venues for the pre-wedding celebrations of Isha Ambani.
Reuters
Source: Business Insider
These celebrations included a private concert by Beyoncé, who reportedly sang "Crazy in Love," "Naughty Girl," and "Perfect" at the Oberoi Udaivilas hotel in Udaipur.
Kevin Mazur/WireImage for Parkwood
A post shared by Beyoncé (@beyonce)
Source: Business Insider
The wedding ceremony itself was held at the Ambani family home in Mumbai.
Mukesh Ambani and Nita Ambani with Isha Ambani and her new husband at their wedding reception in Mumbai.
Reuters
Source: Business Insider
An estimated 600 guests attended the extravagant wedding, which cost an estimated $100 million by some reports. A Reliance spokesman, however, said it cost no more than $15 million.
The marriage procession of Isha Ambani seen outside the Ambani home in Mumbai on December 12, 2018.
Vintage cars carried guests during the wedding procession.
Getty Images
Brothers Akash and Anant rode in on horseback.
Getty Images
The celebration included dance performances and sightings of many high-profile guests ...
Artists perform at the wedding celebration of Isha Ambani in Mumbai.
Getty Images
... including former Secretary of State and presidential candidate Hillary Clinton with her longtime aide, Huma Abedin ...
Associated Press
... actor Priyanka Chopra and her husband, Nick Jonas ...
Reuters
... and Bollywood star Shah Rukh Khan.
Shah Rukh Khan arrives at the wedding of Isha Ambani.
SUJIT JAISWAL/AFP/Getty Images
The wedding venue was the Ambani family home in Mumbai: a 27-story luxury skyscraper that cost an estimated $1 billion to build. It's called Antilia after a mythical Atlantic island.
Antilia decorated and lit up for the wedding of Isha Ambani.
Antilia includes swimming pools, ballrooms, a garden that spans three floors, six floors of parking, three helipads, and it can withstand a magnitude 8 earthquake. A staff of 600 people runs the home.
Antilia decorated and lit up for the wedding of Isha Ambani.
It's estimated to be one of the world's most expensive properties, second to Buckingham Palace. In this photo, trees surrounding the skyscraper are decorated for Isha's wedding.
Antilia decorated and lit up for the wedding of Isha Ambani.
The Ambani family has long mingled with high-profile global figures, including Prince Charles and Camilla, the Duchess of Cornwall ...
From left: actress Kajol, Nita Ambani, Britain's Prince Charles and his wife Camilla, the Duchess of Cornwall, Mukesh Ambani, and actor Ajay Devgan stand together before a dinner to support the work of British Asian Trust in Mumbai in 2013.
Reuters
... former British Prime Minister David Cameron ...
Mukesh Ambani and David Cameron at a reception for Indian and British businessmen and women in Mumbai in 2013.
Getty Images
... Indian Prime Minister Narendra Modi ...
Mukesh Ambani shakes hands with Prime Minister Narendra Modi during the 'Make In India' week in Mumbai in 2016.
Reuters
... former US president Barack Obama ...
Anil Ambani, General Electric Co. Chairman Jeffrey Immelt and US President Barack Obama talk during Obama's meeting with entrepreneurs in Mumbai in November 2010.
Reuters
... and former Secretary of State, Hillary Clinton. The Clintons and the Ambanis have reportedly known each other for nearly 20 years.
Hillary Clinton and Mukesh Ambani in Mumbai in 2009.
In April 2020, Facebook announced it was investing $5.7 billion in Jio, making Mark Zuckerberg's social media giant the largest minority shareholder in Ambani's telecom service.
A sales person displays a JioPhone on the outskirts of Ahmedabad, India.
Reuters
"This investment underscores our commitment to India, and our excitement for the dramatic transformation that Jio has spurred in the country," Facebook said in a statement. "In less than four years, Jio has brought more than 388 million people online, fueling the creation of innovative new enterprises and connecting people in new ways."
In July 2020, Jio Platforms launched JioMeet, a video conferencing service that is seen as a rival to Zoom and Google Meet.
PUNIT PARANJPE/AFP via Getty Images
JioMeet offers unlimited free group calls with up to 100 participants, and unlike Zoom, it doesn't impose a short time limit on free calls, per TechCrunch. A free call can last for up to 24 hours.
The company did not say whether JioMeet would be available for users outside of India.
In June 2020, Ambani became the first Asian man to break into the ranks of the world's 10 richest people, Fortune reported.
Mukesh Ambani's three children are involved in the family business in some capacity, but Ambani's succession plan for the company is "unclear," according to Bloomberg. Only time will tell who will take over the $100 billion company.
From left to right: Akash Ambani, Anant Ambani, and Isha Ambani.
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