The Ambani family is currently immersed in celebrations as Anant Ambani, the youngest child of Mukesh Ambani and Nita Ambani, is set to wed Radhika Merchant. The pre-wedding festivities are scheduled to commence on March 1, 2024, in Jamnagar, Gujarat.
Radhika Merchant, the bride-to-be, is the daughter of Viren Merchant, the CEO, and Vice Chairman of Encore Healthcare. All the in-laws connected to the Ambani family are from influential families with significant net worths. The question arises: who is the wealthiest among the Piramals, Mehtas, and Merchants?
The Piramals:
The Piramals emerge as the wealthiest among the Ambani in-laws, led by billionaire businessman Ajay Piramal. Anand Piramal, son of Ajay and Dr. Swati A Piramal is married to Mukesh and Nita Ambani’s daughter, Isha Ambani. Ajay Piramal, the Chairman of Piramal Group, oversees a global business conglomerate involved in pharma, financial services, and real estate. According to Forbes, Ajay Piramal’s net worth is a staggering $4.2 billion (approximately Rs 34,898 crore). The Piramal Group reported a consolidated revenue of Rs 9087 crore for FY 2023.
The Mehtas:
Following closely are the Mehtas. Akash Ambani, son of Mukesh and Nita Ambani, is married to Shloka Mehta, daughter of Russell Mehta and Mona Mehta. Russell Mehta serves as the Managing Director of Rosy Blue India, a prominent player in diamonds with interests in media, real estate, financial services, and retail. Russell Mehta’s net worth is reported to be Rs 1844 crore, and Rosy Blue India reported a revenue of Rs 5599 crore for FY 2022.
The Merchants:
Lastly, we have the Merchants. Anant Ambani is set to marry Radhika Merchant, the daughter of Viren and Shaila Merchant. Viren Merchant is the Founder and CEO of Encore Healthcare, a global contract manufacturer in the pharma industry. Viren Merchant’s net worth is estimated to be around Rs 755 crore, and Encore Healthcare’s overall worth is approximately Rs 2000 crore.
In comparison, Mukesh Ambani, the patriarch, boasts a colossal real-time net worth of $113.2 billion (approximately Rs 9.4 lakh crore), securing his position as the richest person in India and the 11th richest globally.