Radhika Merchant, the newlywed wife of Anant Ambani, has been wealthy long before she joined India’s richest family. While the specifics of her family’s fortune are speculative, she comes from a wealthy background herself and has had a successful career in her family’s business.
In 2024, Radhika Merchant’s net worth is estimated at $1.3 million, and this doesn’t take into consideration the net worth of her now-husband Anant Ambani.
Ambani and Merchant just had one of the most extravagant weddings that India has ever had. Anant is the youngest son of billionaire Mukesh Ambani, the richest person in Asia. Radhika Merchant, on the other hand, is the daughter of Viren Merchant, another one of the country’s business tycoons.
Since both sides are incredibly wealthy and famous, the Ambani-Merchant wedding was been a star-studded event which will be talked about for years and years to come. Their recent union marked the blending of the legacies of two major families in India.
If you want to learn more about Radhika Merchant and what makes her so wealthy, keep reading this post.
How Much Is Radhika Merchant Worth in 2024?
- Encore Healthcare (Family Business): Key contributor to her wealth
- Bentley Engagement Gift: $450,000
- Luxury Car Collection (with Anant Ambani): $500,000+
- Jumeirah Real Estate Property (with Anant Ambani): $76 million
- Fashion Investments: Designer outfits and accessories, including a $200,000 Hermès bag
- Total Net Worth: $1.3 million
6 Fun Facts About Radhika Merchant
- Classical Dancer: Radhika Merchant is trained in Bharatanatyam and completed her Arangetram ceremony in 2022.
- Board Member: Merchant plays an active role in her family’s business, Encore Healthcare, where she serves on the board of directors.
- Luxury Real Estate: Radhika and Anant Ambani own a $76 million beachfront mansion in Dubai’s Palm Jumeirah.
- Star-Studded Wedding: Her wedding to Anant Ambani in 2024 featured performances by Rihanna, Drake, and Akon.
- Lavish Engagement Gift: Mukesh Ambani gifted the couple a Bentley Continental GTC worth around $450,000 after their engagement.
- Fashion Icon: Known for her impeccable fashion sense, Radhika owns several high-value items, including a rare Kelly mini-alligator leather bag worth over $200,000.
Latest Updates on Radhika & Anant Ambani
Radhika Merchant and Anant Ambani have been making headlines recently as they enjoy their luxurious honeymoon.
The couple was spotted during a jewelry shopping spree in Panama, continuing their lavish celebrations after their high-profile wedding. The Ambani-Merchant wedding, one of the most extravagant events in recent history, has brought global attention to the newlyweds (Hindustan Times).
Additionally, Radhika’s fashion choices continue to draw attention. She was recently seen sporting a minimalistic yet chic look during an outing in Paris with her husband, solidifying her status as a fashion icon within India’s elite circles.
Radhika Merchant’s Net Worth Breakdown:
Although specific details about Radhika Merchant’s personal finances and stake in the family business remain undisclosed, we gathered sufficient data to make a breakdown of her known assets and contributions to her fortune:
| Asset or Income Source | Contribution to Net Worth |
| Stake in family business | Unknown |
| Board of directors salary | Unknown |
| Bently engagement gift | $450,000 |
| Full car collection (shared with Anant) | Well over $500,000 |
| Jumeriah real estate property (shared with Anant) | $76 million |
| Total Net Worth | $1.3 million |
Radhika Merchant Net Worth: Early Life and Education
Radhika Merchant was born on December 18, 1994, in Mumbai. She is the daughter of Viren and Shaila Merchant, the couple that founded Encore Healthcare, and has an older sister called Anjali, who is married to Aman Majithia.
After obtaining a degree from Cathedral and John Connon School in Mumbai, Radhika Merchant relocated to New York to study at the New York University. She graduated in 2017.
While at NYU, Merchant interned at several companies, including Cedar Consultants as a business strategy consultant intern, as well as working at the luxury real estate company Isprava. She was also a consultant with Desai & Diwanji.
In addition to this, Radhika Merchant is an Indian classical dancer. She spent eight years learning Bharatanatyam at the Shree Nibha Arts dance academy and completed her training in 2022.
As a trained dancer, she performed her Arangetram ceremony at Jio World Convention Centre in Mumbai, an event organized by Nita Ambani and Mukesh Ambani, her husband’s family.
The Wealth of the Merchant Family
The Merchant family is not as widely known as the Ambani family, and their net worth is significantly lower (the Ambanis set a high bar), but they have established a major presence in the pharmaceutical industry through Encore Healthcare. The company is now valued at INR 2000 crore or around $270 million, reflecting its grand success in the sector.
While Radhika’s parents are the founders and leaders of the business, with her father, Viren Merchant, in the CEO role, Radhika is a member of the board of directors. Viren Merchant, Encore Healthcare’s CEO is worth around $95 million these days.
Radhika Merchant Net Worth: Professional Life and Wedding to Anant Ambani
Radhika Merchant’s wedding is what put the young businesswoman into the spotlight, but she has been holding a high position in the pharmaceutical company her parents founded for years now, which is where the bulk of her net worth comes from. Let’s take a look at what Merchant has been doing over the years, as well as check out the details of her incredible wedding.
Radhika Merchant’s Career
Even though they now share their wealth, Anant Ambani and Radhika Merchant have carved separate paths in terms of careers.
With an academic background in economics and political science, Radhika Merchant has been vital to the growth of Encore Healthcare, her family’s business. She has served on the board of directors at the company for years now, right alongside her sister Anjali, who is the company’s director.
What Does Anant Ambani Do?
The youngest son of Mukesh Ambani, Anant, has been working at the helm of Reliance Industries. His stake in his family’s business, as well as his salaries, have propelled his net worth to $40 billion, according to numerous sources. As a member of the Ambani family, Anant Ambani reportedly owns a 0.12% stake in the business.
Anant Ambani is the director of the energy business at Reliance Industries and serves in several other roles in the family’s company.
The Wedding of Anant Ambani and Radhika Merchant
Anant Ambani and Radhika Merchant got engaged in January 2023, in a traditional ceremony. The couple are childhood sweethearts. Almost instantly since their engagement, the couple started planning for their pre-wedding ceremonies.
The guest list for the pre-wedding ceremony of the youngest son of India’s richest man was quite incredible. The event has gone viral since it had a nine-page dress code and counted 1000 guests – and it wasn’t even the actual wedding! The pre-wedding festivities started in February 2024, months before the wedding.
In February, Anant Ambani and Radhika Merchant had their pre-wedding celebrations in the western Indian city of Jamnagar, while the main wedding ceremony took place on July 12, 2024.
Pre-wedding festivities
Pre-wedding celebrations are common in India, though these are usually intimate and small, and involve only the family members. However, five months before the wedding day, the two Indian celebrities announced a three-day spectacle with A-list guests from all around the world.
The event, which started on Friday, began with a lavish cocktail party. On Saturday, the party guests went for a walk to the Reliance animal rescue center, the project of Anant Ambani, followed by a ‘mela rouge‘ event played on the home of the can-can ‘Moulin Rouge’.
The third and final day of the pre-wedding celebrations was a further display of the groom’s love for animals, with guests partaking in tusker trails. The large guest list was introduced to 300 big cats, 200 elephants, and 120 reptiles in a pre-wedding that blended education about the environment with philanthropy – not to mention glamour.
The last night of the pre-wedding was the biggest spectacle. The ‘signing ceremony’ or Hastakshar required that guests wear Indian code apparel and join the future bride and groom at Jamnagar Township Temple complex.
The Ambani family spent a large fortune renovating 14 temples in the region, specifically for the wedding of Anant Ambani and Radhika Merchant.
The guest list included famous people such as Mark Zuckerberg and Bill Gates.
The pre-wedding took three months to plan and the highlight was the private performance by no other than Rihanna, as well as Akon, Diljit Dosanjh, etc.
Radhika Merchant’s Wedding
In May 2024, two months before the actual wedding took place, Mukesh Ambani took guests on a three-day cruise with Katy Perry singing “Fireworks” and Pitbull entertaining the guests. The family took the guests from Italy to France.
They also had a pre-wedding concert that included performances by Bollywood stars Alia Bhatt, Salman Khan, and Ranveer Singh. Justin Bieber performed for the hundreds of guests attending this concert, as well.
On July 12, 2024, Anant Ambani and Radhika Merchant married in the ‘wedding of the year’, attended by global celebrities, politicians, and tycoons. The wedding rituals included walking around a sacred fire, and the party at the Ambani family-owned Jio World Convention Center in Mumbai, as well as their home.
The four-day wedding celebrations began Friday with a traditional Hindu wedding ceremony, followed by a grand reception that ran through the weekend. Some of the guests attending the wedding were:
- David Beckham
- Drake
- Adele
- Lana Del Rey
- John Kerry
- Nick Jonas
- Kim Kardashian
- Tony Blair and more
What Else Does Radhika Merchant Invest In?
Both Anant Ambani and Radhika Merchant own luxurious items and live a lavish lifestyle. Anant Ambani, for instance, owns a part of the Palm Jumeriah villa in Dubai, not to mention multiple luxury vehicles.
Radhika Merchant is quite a fashion diva. She owns a Bubblegum pink Kelly mini alligator leather bag which costs over $200,000, and has appeared on several high-profile events wearing similarly-priced outfits and accessories. Her stone-studded Rahul Mishra lehenda, for instance, is worth over $4,000.
During the pre-wedding celebrations, Radhika Merchant wore a custom Versace gown.
Radhika Merchant also owns several luxury cars, including an Audi and Mercedes-Benz. Together with her now-husband, she owns the following vehicles:
- Bentley Continental GTC, a gift to Anant Ambani and Radhika Merchant by Mukesh and Nita Ambani on the engagement (worth around $450,000)
- Mercedez-Benz C63 AMG, worth around $50,000
- Range Rover Vogue is worth around $28,000
- Mercedes-Benz S-class worth around $21,000
Billionaire Mukesh Ambani didn’t gift his son and his new wife the Bentley alone. He reportedly purchased a beachfront property in Jumeirah worth $76 million, the most expensive acquisition in all of Dubai.
What Can We Learn from Radhika Merchant’s Story?
Radhika Merchant’s story has several lessons to teach us.
Merchant pursued her education in political science, demonstrating the importance of academic foundation, even in a wealthy family background. She also pursued her passion for dancing, which is evident in her many years of training and performing.
Despite her family’s wealth, Radhika Merchant actively participated in the family business, serving on the board of directors. This highlights the importance of professional involvement and dedication to business responsibilities.
Radhika Merchant’s wedding and the merge of the two powerful families underscore the significance of leveraging familial and social connections.
Finally, Merchant’s fashion sense reflects a personal brand aligned with her family’s prominence, showcasing the importance of personal presentation in high-profile circles.