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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