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Ambani vs Tata; India’s biggest lifestyle battle; READ to know more

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Ambani vs Tata; India’s biggest lifestyle battle; READ to know more

Mukesh Ambani is India’s richest person and one of the richest people in the world. His net worth is estimated $47.8B. Ambani lives in a 27-story skyscraper named “Antilia” in Mumbai. It is known to be World’s costliest house worth around $1 billion. Antilia includes six floors of parking, three helipads and it is run by staff of 600 people. He owns few helicopters and private planes as well. Once, he gifted a chartered plane to his wife Neeta Ambani on her birthday.

Some of his usual friends AR Charles, Hillary Clinton, and Mostly Bollywood stars. He recently threw one of the most lavish wedding celebrations for his daughter, which included a private beyonce and celebrity guests like Nick Jonas and Priyanka Chopra. According to the US based news agency Bloomberg, Ambani’s personal wealth can help in running the Indian Federal Government for 20 days. There has been a quote of Mukesh Ambani, which reads- “Any business that has the sole purpose of making money is not worth doing”.   

Ratan Tata is chairman of the Tata Group which runs 96 businesses worldwide. Tata Group’s revenue is estimated around  US$110.7Billion. Then why is he not among the richest people in the world like Ambani? The same question was asked to him by a reported, on which he replied – Ambani’s are businessmen and we are industrialists. Tata Group’s 96 companies are held by various charotable organizations developed and run by Tata Group, which donated almost 65% of their revenue to charitable trusts. Rata Tata has said that – “I don’t want Indian to be an economic superpower, I want Indian to be a happy country”. If we put this 65% ownership of charitable trusts in Ratan Tata’s own personal financial statement, then his net worth can become more than $70 Billion. 

Published by Lokendra Sharma on 30 Oct 2019

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