The economics of the Ambani wedding

Saturday, 27 July 2024 00:30 -     - {{hitsCtrl.values.hits}}

  • It has drawn criticism from onlookers who believe they should adopt a more socialist approach or dislike the flaunting. However, the invitees had no such complaints!
  • Their net worth is estimated at $ 121 billion, reflecting the success of their businesses in one of the world’s most competitive markets.
  • Reportedly, they spent $ 600 million on the wedding, which is just 0.5% of their net worth — much lower than the national average.
  • The $ 600 million spent on the wedding has benefited several supply chains, spurring economic activity.
  • Hundreds of Global Celebrities graced the different occasions, from Bill Gates to Justin Bieber, from David Beckham to Mike Tyson, from Boris Johnson to Back Street
  • The global media coverage will further raise the profile of Brand India – expected to be the 3rd largest economy in 2027 (now in 5th position)

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