Title: Mukesh Ambani’s Billion Dollar Moves: From Lavish Weddings to Tech Expansion

Mukesh Ambani just made nearly $2 billion in two hours. I’m Khalilah Reynolds, founder and c. E. O. Of money media, money made simple. Now Ambani is India’s richest man and he’s clearly playing chess not checkers. When his son got married in July, the wedding reportedly cost 600 million U. S. Dollars and many people criticised the extravagant cost. But this was clearly a global P R. Stunt. They had Rihanna, the Kardashians and much of the world’s elite in attendance thus ensuring global press coverage and making the Ambani name a global household name. Then just a month later, Mukesh Ambani unveiled his master plan. A I a I, a I, a I farmers, a I teachers, a I ready data centers, a I everywhere for everyone. According to Bloomberg News, Ambani’s fortune climbed nearly $1.8 billion during that two hour speech alone. So that’s 600 million dollar wedding. He’s already 3 x to that investment. He announced that his company Reliance Industries is considering a bonus stock issue for the first time in seven years and they’re reportedly looking for small shareholders. Reliance trades on the National Stock Exchange of India. It’s currently trading at about 3,000 U. S. Dollars per share and it’s up 17% year to date. And that jump has made Ambani the 11th richest person in the world reportedly worth $114 billion right after Google co. Founder Sir Gabriel. Go to getmoneynews. Com for more money news straight to your inbox.