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The rise and rise of crazy rich Indians

The rise and rise of crazy rich Indians

Wealth managers on the subcontinent expect the number of dollar millionaires to expand by 15-20 per cent a year.

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All of india was transfixed, as February turned to March, by the spectacle of Anant Ambani’s pre-wedding celebrations in Jamnagar, an unlovely industrial town in western India.

Ambani is the son of Mukesh Ambani, India’s richest man and boss of Reliance, a giant conglomerate. Bill Gates, Mark Zuckerberg and Rihanna turned up, as did hordes of Indian business tycoons, cricket legends and Bollywood A-listers.

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The Economist

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Original URL: https://www.afr.com/world/asia/the-rise-and-rise-of-crazy-rich-indians-20240312-p5fbvg