The opulence of Mukesh Ambani, the Chairman of Reliance Industries and one of Asia’s wealthiest individuals, is well-known worldwide. However, less is known about the family of his future daughter-in-law, Radhika Merchant, who is set to marry his younger son, Anant Ambani. Radhika Merchant hails from a family that is no less affluent, making her a fitting addition to the Ambani clan. Let’s delve into the business ventures of Radhika’s father and discover who is the wealthiest among Mukesh Ambani’s three in-laws.
An Exquisite Introduction to Radhika Merchant
Radhika Merchant is a trained classical dancer with expertise in Bharatanatyam. Besides her artistic pursuits, she is also a businesswoman in her own right, serving on the board of directors of Encore Healthcare. According to an India Times report, Radhika’s net worth is estimated to be between 8-10 crores. However, her financial prowess isn’t just a result of her own endeavours, but also the legacy of her father, Viren Merchant.
Viren Merchant: The Mighty Magnate
Viren Merchant, Radhika’s father, ranks among India’s wealthiest business tycoons. He is the CEO of Encore Healthcare, a significant player in the pharmaceutical sector. According to a DNA report, Viren Merchant’s net worth is estimated to be a whopping 755 crores.
The market value of his company, Encore Healthcare, stands at nearly 2,000 crores, with a turnover of approximately 200 crores. Viren Merchant holds a prominent position in several subsidiary companies, including Encore Business Center Private Limited and Encore Natural Polymers Private Limited.
Shaila Merchant: The Businesswoman and Homemaker
Equally formidable in the world of business is Radhika’s mother, Shaila Merchant. Like her husband and daughter, Shaila is also a businesswoman. However, details about her professional ventures remain private.
Anjali Merchant: The Entrepreneur Sister
Radhika isn’t the only business-minded woman in the Merchant family. Her sister, Anjali Merchant, is the founder of ‘Dryfix’, a company that deals in a variety of hair styling and hair treatment products.
The Affluent Ambani In-Laws
Mukesh Ambani’s two other in-laws are also vastly wealthy, giving Viren Merchant tough competition in terms of affluence.
Ajay Piramal: Father of Isha Ambani’s Husband
The father of Isha Ambani’s husband, Anand Piramal, is Ajay Piramal, who heads the Piramal Group, one of India’s leading corporate conglomerates. The Piramal Enterprises is involved in pharma, healthcare, and financial services, with branches in 30 countries. According to Forbes, the net worth of Ajay Piramal is 3.25 billion dollars, equating to nearly 26,938 crores in Indian rupees.
Russell Mehta: Father of Shloka Ambani’s Husband
Russell Mehta, the father of Shloka Ambani’s husband, Akash Ambani, manages Rosy Blue, one of the world’s largest diamond jewelry companies. While the exact net worth of Russell Mehta isn’t publicly disclosed, his business empire’s vastness suggests that it’s substantial.
A Union of Wealth and Influence
The upcoming wedding between Anant Ambani and Radhika Merchant is not just a union of two individuals but also a fusion of two powerful business dynasties. With the Merchant family’s wealth and influence matching that of the Ambanis, this union will undoubtedly create new milestones in the world of business and high society. While it’s challenging to determine who is the wealthiest among Mukesh Ambani’s three in-laws, one thing is for sure: they all belong to the pinnacle of wealth and prosperity.
-Daisy