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Meet Billionaire Owner Of The World's Most Expensive Yacht Amevi; It's Worth Rs 1,000 Crore

The owner’s suite on the upper deck features a cut above the rest with a full-beam design. it also includes a lounge and private outdoor space with two jacuzzis..

It's not news that the world's top billionaires own ridiculously expensive things, from luxury cars to opulent houses and private jets. We have all witnessed that the ultra-rich have a penchant for all things luxury.

But the world's most expensive yacht, the Amevi superyacht, can put even the most extravagant things. And it is owned by none other than the steel magnate Lakshmi Mittal. Here's all about Amevi.

All about superyacht Amevi

Mittal owns a 262-metre Amevi superyacht worth around Rs 1,000 crore. The yacht has a swimming pool, gymnasium, spa and cinema hall. Amevi features a magnificent sky lounge, offering panoramic views and a large terrace to get to the sun decks. It also features a massage room, salon, helipad, and stabilised pool table.

The Amevi superyacht was built in 2007 by Oceanco, a shipyard based in the Netherlands and designed by Nuvolari Lenard. Oceanco is a team of experts who merge the expertise of old-world Dutch craftsmanship with cutting-edge technology to create unparalleled masterpieces.

Renowned luxury yacht designer Alberto Pinto has designed the interiors of Amevi. It accommodates 16 guests in its 8 VIP rooms and can carry over 20 crew members.

The owner's suite on the upper deck features a cut above the rest with a full-beam design. It also includes a lounge and private outdoor space with two jacuzzis.

The yacht has twin MTU 16V 595 TE70 engines with a total power of 9,100 HP (6,800 kW). The yacht reaches a maximum speed of 18.5 knots or 34.3 kmph, with a cruising speed of around 14 knots or 26 kmph.

Ranked the 7th richest Indian globally, Mittal has embarked on voyages to India, Spain, Gibraltar, and Norway aboard his lavish yacht.

Most expensive yachts by Indian billionaires

Other prominent Indian billionaires who possess yachts include Mukesh Ambani, Anil Ambani, Adi Godrej and Gautam Singhania, among others.

Mukesh Ambani, Asia's richest man, reportedly owns an ultra-luxury yacht shaped like a horseshoe, boasting a mind-boggling cost of $100 million. Stretching an impressive 58 meters, the yacht is replete with luxurious amenities, including private suites, a spa, a 25-meter swimming pool, and a lounge bar.

Not to be outdone, his younger brother Anil Ambani, accompanied by his wife Tina Ambani, also purchased a yacht named TIAN, though the exact cost, rumoured to be around Rs 200 crore, remains undisclosed.

Former billionaire Vijay Mallya once used to own a yacht named the Empress of India, which he had bought for an undisclosed amount in 2006. Mallya said in 2018 that the 95-metre yacht was sold for 43.5 million.

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Adar Poonawalla’s Gulfstream 550 to Mukesh Ambani’s Jet, 7 luxurious rides of Indian business magnates

Private jets and yachts are everyday rides in the life of these Indian magnates: Adar Poonawalla, Mukesh Ambani, Ratan Tata to name a few. With multi-crore turn overs and businesses across the globe, these luxurious rides are both a vanity and a necessity for these tycoons. Adar Poonawalla of Serum Institute of India , apart from his Gulfstream 500, also has a slew of Ferraris and Rolls Royces parked in his expansive garage. And the story is no different for others on this list either. Mukesh Ambani’s Antilla is also home to a range of super cars.  

Adar Poonawalla’s Gulfstream 550 to Mukesh Ambani’s Boeing Business Jet, 7 luxurious rides of Indian business magnates

Lakshmi Mittal - Amevi

CEO of ArselorMittal and by far India’s biggest steel magnate, Lakshmi Mittal has owned the Amevi yacht for nearly 7 years now. According to ET , he was first spotted with it in Mykonos, Greece back in 2014. The 80-metre-long mega yacht set the businessman back by a whopping Rs 2000 crore. Named Amevi, the yacht features sun decks, on-demand cinema, a gym, spa and massage room, a salon as well as a stabilised pool.

Mukesh Ambani - Boeing Business Jet

According to ET, Mukesh Ambani is the proud owner of the Boeing Business Jet. The luxury and size of the aircraft, could easily pass it as a flying hotel. The 1,004 sqft comes with a private bedroom suite and a well-equipped executive office. The Boeing Business Jet comes at a steep price of Rs 535 crore ($73 million), and isn’t the only private jet Ambani owns. His fleet also includes a Falcon 900EX jet and an Airbus 319, according to Business Insider.

The Gulfstream G550 cockpit

Adar Poonawalla has been all over the news since the approval of Serum Institute India’s coronavirus vaccine, Covid Shield. The tycoon, who owns a range of luxurious properties across the country, loves to ride in style, as well as fly. We are referring to his private jet, the Gulfstream 550. In an interview, Poonawalla said, “With a 13-hour range, it (his jet) can take me to anywhere in the world with a single halt. The plane can also come in handy when he (Poonawalla) craves continental food and in case he wants to fly in Michelin star chefs to cook for his friends and him.” Interestingly, per ET , he also became the first Indian to receive a customised ACH145 helicopter by Airbus.

Ravi Ruia's Sunrays yacht

Oceano claims that Ravi Ruia owns this magnificent beast. On the inside, the upper deck is given over to the owner’s suite and an adjacent VIP suite that can be combined to create one expansive living area. Both suites have fold-down sea balconies. The owner’s exterior foredeck hosts a whirlpool and sunbathing area. The remainder of the yacht’s accommodations for up to 16 guests is on the main deck with one VIP stateroom and four guest cabins. Additionally, the dining rooms can be converted into a conference room and the foldable guest balconies can be opened to splendid views of the ocean too.

Kumar Mangalam Birla's Cessna Citation

According to a blog published by one of Aditya Birla Group’s websites, Kumar Mangalam Birla is the proud owner of a Cessna Citation and Gulfstream G100. The Citations are known worldwide for their craftsmanship and for building the best private jets across the planet. The blog further stated that Birla is often spotted taking ride in his luxurious private jets.

Ratan Tata's Dassault Falcon 2000

ET reports that Ratan Tata owns the Dassault Falcon 2000 private and the special part of Ratan Tata’s private jet is that he is one of the very few billionaires who is also authorized to fly the luxurious aeroplane. The compact beast, when compared to Ambani’s Boeing Business Jet, packs a twin-engine and is put together by a group of expert French engineers.

With the logo of the Stallion Group, headed by Sunil Vaswani, etched on the yacht’s exterior, it is usually stationed in the Mediterranean, according to ET . In 2019, the all-purpose yacht was also spotted at the French Riviera at the time of the Cannes Film Festival.

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Asia’s richest man, Mukesh Ambani, has chartered one of the world’s largest cruise ships for the second pre-wedding bash of his son Anant. As long as an aircraft carrier, the ship has a capacity of 3,200 passengers but will only carry 600 guests on a four-day cruise in the south of France.

Celebrity Ascent: Where luxury is the environment

The venue, a pièce de résistance—Celebrity Ascent, was built in 2023 and is part of Celebrity Cruises’ Edge-class ships. It is equipped to accommodate nearly 4,000 guests serviced by a crew of 1,400. With the richest people partying aboard, it is obvious they would occupy the best suites and staterooms, such as AquaClass SkySuites and the Iconic Suite, offering access to the ship’s Thermal Spa and its own clean-cuisine restaurant Blu.

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It wasn’t the groom-to-be Anant or his father, Asia’s richest man Mukesh Ambani, but his elder brother Akash who wore the most expensive watch at the lavish pre-wedding celebrations. The 32-year-old sported a $9 million Patek Philippe Grandmaster Chime.

While his father, Mukesh Ambani, who is worth $124 billion, wears a $9,000 Rolex, his son Anant, at his wedding, gifted his 25 close friends gold Audemars Piguet watches worth $250,000 each.

Isha, the daughter of Asia’s richest man Mukesh Ambani, sold her palatial LA home to Jennifer Lopez and Ben Affleck for $61 million. Spread across 5.2 acres the 24 bedroom mansion has a massive infinity pool, a movie theater, a pickleball court, a spa and even a boxing ring.

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Billionaire bonanza! Inside the second pre-wedding party of the year as Radhika Merchant and Anant Ambani celebrate with a luxury Mediterranean cruise, custom Versace and performances from the Backstreet Boys

Radhika Merchant and Anant Ambani celebrate their pre-wedding party with a four-day extravanagnza on the Mediterranean

It’s already the most lavish (and most expensive) wedding of the year – and it hasn’t even happened yet. Radhika Merchant isn’t set to tie the knot with billionaire beau Anant Ambani until July, but last month they celebrated their soon-to-be wedded bliss with a second pre-nuptials party.

Some 1,200 guests, including Bollywood icons and Hollywood actor Adam Sandler, gathered to toast Merchant and Ambani over four days of dining and dancing and dancing across the Mediterranean with iconic performers like Katy Perry and the Backstreet Boys .

And where do you host over 1000 of your nearest and dearest? The £900 million cruise liner Celebrity Ascent, of course, which the couple rented out exclusively as they sailed between Palermo and Portofino.

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Radhika wore custom Versace for the Cannes leg of the tour

It was, somehow, an even bigger celebration than their previous pre-wedding bash . Back in March, the likes of Mark Zuckerberg, Karlie Kloss, and Bill Gates gathered in Jamnagar, Gujarat, for the $128 million Hastakshar, or ‘signing ceremony’ of Radhika and Anant. The groom’s father, Mukesh Ambani, is the mastermind behind oil-to-telecoms giant Reliance Industries and is thought to be worth over $114 billion. Rhianna took a break from her new career as a beauty mogul to put on an exclusive performance at the event, hosted at the couple’s family home, where Radhika wore custom Versace.

Over 1,500 guests attended the 750-acre compound. But, Merchant told Vogue , ‘many of their close friends’ were ‘unable to make it’ to the March celebration, hence their decision to throw a second get together in Europe last month.

The party kicked off in Palermo, with a welcome dinner under the Sicilian sun before guests boarded the luxury cruise ship. It would be a few hours before the evening’s entertainment struck up – not that the high-society shipmates would want for amusement in the mean time. Celebrity Ascent boasts 32 restaurants , an upper deck garden, countless pools, a casino, a spa, and a rather large theatre .

Katy Perry performed for the happy couple

For the first evening, guests were treated to a ‘starry-night-themed formal party,’ says Vogue. Starry indeed: the Backstreet boys serenaded the happy couple and their 1000 close friends. The soon-to-be bride wore a romantic custom gown, with a love letter from her finacé stitched into the fabric. ‘I want to be able to show it to my kids and grandkids,’ said Radhika of the dress, ‘I want to be able to show it to my kids and grandkids, and say that this is what our love was.’

The next day was spent in Rome, with guests like Bollywood stars Shanaya Kapoor, Ananya Panday, and Suhana Khan taking the chance to disembark and take in the sites of the ancient city. Another night, another party: this time a toga-themed ball on the ship’s deck, with music provided by French DJ David Guetta.

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For day three, the couple sailed to Cannes for a masquerade ball in the Palladian environs of Château de la Croix des Gardes, which played host to Carey Grant and Grace Kelly in Alfred Hitchcock’s romantic thriller To Catch a Thief . In another touching fashion choice, Radhika wore a Lorraine Schwartz necklace encrusted with her and Anant’s shared birthstone – diamond, of course.

Under a sky covered with a stunning fireworks display (and aptly soundtracked by a performance from Katy Perry) the partygoers spent the evening in the lap of luxury on the French Riviera, before returning to the boat to dance the night away with Pitbull.

Fireworks over Cannes

And to round things off in style ? The couple enlisted event planner Vincenzo Dascanio to hire out the main square of Portofino and create an exclusive open-air market. The pre-wedding party culminated with a rendition of “Can’t Help Falling in Love” from Italian tenor Andrea Bocelli. Who could!

The Ambani family has ties with the UK on several fronts. Firstly, 2019 saw Mukesh Ambani purchase the stalwart of the British high street,  Hamleys,  for an undisclosed sum. The Ambanis also own the grand Stoke Park in  Buckinghamshire , which was reportedly bought for a grand sum of £57 million. The spectacular Georgian pile is a remarkable feat of British design, from the Capability Brown parklands to the James Wyatt architecture. The family home was turned into an English country club in 1908, where its members included Prince Albert. The  property  is a stone’s throw from  Windsor  and Cliveden, firmly placing the Ambanis in the centre of British countryside society life.

Ambani's Jets, Mittal's Yachts: Luxurious Rides Of The Ultra-Rich

Who Owns What

Private yachts and customised planes. Check out the travel modes of the jet set that double up as meeting venues, party hangouts and spots to host special occasions. For those Indians — and those with desi roots — who are counted among the world’s wealthy, island hopping in Europe aboard their customised 200-feet yacht or taking off in their bespoke jet across the continent are but a way of putting a monogram on their commute. Take a look at the rides of the jet set:

Lakshmi Mittal’s Amevi

In 2014, this London-based billionaire was spotted relaxing on the Greek island of Mykonos, dressed casually in a white T-shirt and baggy shorts. A newspaper report speculated that while Mittal lounged on the beach alongside other tourists, his 262-feet-long yacht Amevi was parked in the waters nearby. Some amenities on board: Sun decks, a heated swimming pool, a cinema, a gym, a massage room, a hairdressing salon as well as a unique, stabilised pool table to name a few.

Mukesh Ambani’s Boeing Business Jet

More than a decade ago, it was reported that Ambani gifted his wife, Nita, a private jet on her 44th birthday. It was said at the time that this jet was “custom-fitted with an office and a cabin with game consoles, music systems, satellite television and wireless communication. It also has a master bedroom, a bathroom with a range of showers and a bar with mood lighting”. As his personal ride, Ambani reportedly favours a Boeing Business Jet. “Most often, they want access to the same amenities in the air.” That’s how the airplane maker describes their customer’s requirement, a.k.a, a flying home, as that’s what’s wanted.

Ravi Ruia’s Sunrays

“The ultimate guest and owner’s yacht.” That’s how the captain of Sunrays, delivered in March 2010 describes it. According to a description of the yacht available on the Oceanco’s website, “The upper deck is given over to the owner’s suite and an adjacent VIP suite that can be combined to create one expansive living area. Both suites have fold-down sea balconies. The owner’s exterior foredeck hosts a whirlpool and sunbathing area. The remainder of the yacht’s accommodations for up to 16 guests is on the main deck with one VIP stateroom and four guest cabins.” The large dining room can be converted into a video conference room with the optional use of the adjacent library. Foldable sea balconies provide guests unimpeded views while dining.

Kumar Mangalam Birla’s Cessna Citation

A blog published by an apparel brand, owned by the Aditya Birla Group, documented the private jets of India’s rich and famous. The listicle included the jets owned by Birla, the Group’s chairman. It said, “Few people know that this sharp, business-minded entrepreneur also has a sweet tooth, when it comes to sweet flying machines, with his Gulf Stream (G100) and Cessna Citation...It’s believed that Citations are the world’s most established, well-liked and most trusted fleet of business jets. The jet has high-tech design of pilot-friendly flight decks and luxury cabin interiors. Birla is often spotted taking a ride in his luxurious aircrafts.”

Sunil Vaswani’s Platinum

This Dubai-based billionaire’s yacht is apparently a fixture in the Mediterranean and was even spotted at the French Riviera around the time that the Cannes Film Festival was held this year, with others in the list for company. Vaswani, who is considered to be one of the richest Indians in the Gulf Cooperation Council (GCC) countries, was once described as he “who lives on multiple continents and sails the Mediterranean each summer in an all-purpose luxury yacht”. The logo of the Stallion Group, which he heads, adorns the yacht.

Ratan Tata’s Dassault Falcon 2000

Tata’s love for aviation is an open secret. But he is perhaps one of the handful of billionaires in the world who not only owns a private jet, but even flies one. “A lot of people know that Ratan Tata owns a Dassault Falcon 2000 private jet but, what they do not know is that since Tata is a trained pilot, he even flies his own private jet and other jets owned by the Tata group,” said an earlier report.

Reuben Brothers’ Siren

“While watching the boat slowly taking shape in Rendsburg, we suddenly became aware of how seductive and mysterious she seemed. We just knew then that we had to call her SIREN and we are absolutely delighted with the result.” That’s the quote attributed to the owner of the 241 feet-long Siren, on the website of Nobiskrug, the German company that built the yacht. Presumably the owner quoted in question is either David Reuben or his brother Simon. Commonly referred to as the Reuben Brothers, they trace their roots back to Mumbai, and are counted among the UK’s richest individuals. Theirs is an award-winning superyacht with a foldable helicopter platform, that can double up as “a sundeck, a dance floor or a stage”.

Adar Poonawalla’s Gulfstream G550

Earlier this year, this scion became the first Indian to take delivery of a fully customised, ACH145 helicopter by Airbus. While his new ride, with a seating capacity of eight is great for covering relatively shorter distances, his Gulfstream G550 aircraft is reportedly his transportation of choice for long-haul journeys. In an earlier interview, Poonawalla had said, “With a 13-hour range, it (his jet) can take me to anywhere in the world with a single halt.” The report further added, “The plane can also come in handy when he (Poonawalla) craves continental food and in case he wants to fly in Michelin star chefs to cook for his friends and him.”

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Everything There Is to Know About the Extravagant Ambani Wedding

The nuptials are estimated to have cost over $300 million

Every product on this page was chosen by a Harper's BAZAAR editor. We may earn commission on some of the items you choose to buy.

There are weddings, and then there’s the Ambani wedding.

This weekend, all eyes will be turned to Mumbai as Anant Ambani—the youngest son of billionaire private-sector mogul Mukesh Ambani —and Radhika Merchant, the heiress to a pharmaceutical family dynasty , tie the knot in a formal wedding ceremony after seven months of headline-grabbing festivities.

Since their engagement in December 2023, Ambani and Merchant have been building up to their big day by hosting increasingly lavish events that sounded almost too extravagant to be true. Whether that meant a European cruise featuring performances by the likes of Katy Perry and Andrea Bocelli, or a pre-wedding party with a rare appearance by Rihanna, the two have spared no expense.

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Of course, with Ambani being the youngest member of the richest family in Asia, and Merchant being the heir to her own billionaire bloodline, it’s no surprise the families have been going all out. We got a good example of what this wedding would be like back in 2018, when Anant’s sister, Isha, got married and the costs were estimated at upward of $100 million. And Anant being the last of the Ambani children to tie the knot, it’s clear the family wants to go out with a bang.

Here, we’ve rounded up everything you need to know about the official Ambani wedding weekend—from the cost to the star-studded guest list, and everything in between.

How much did the wedding cost?

The big question on everyone’s mind is: Just how much will this wedding cost?

The Ambanis have remained mum about total figures, but an event management owner estimated to the BBC that the cost is at least somewhere between 11 billion and 13 billions rupees (around $132 million to $156 million).

Other estimates have been even higher. The Daily Mail crunched the numbers and estimated that the wedding has to have cost approximately $320 million, considering the price of security, transportation, food, and money paid to performers. (When Rihanna showed up to the pre-wedding ceremony in March, it was believed she got a check for around $7 million.)

Of course, this is just a drop in the bucket for the Ambani family. Anant’s father is currently the richest man in Asia, after all, with an estimated net worth of $123.3 billion, and he ranks as the 11th-richest man in the world.

Who will perform at the main event?

Although details are still unknown, it is believed the main wedding event will feature quite the headline-grabbing name, with several outlets floating rumors that Drake, Adele, or Lana Del Rey will perform at the ceremony.

None of these stars would come as a huge surprise, given that the list of musical performers for the pre-wedding festivities has looked like a Grammys lineup.

In March, the pre-wedding party included the performance by Rihanna, whose last previous high-profile appearance was when she headlined the Super Bowl in 2023 (casual). The evening also included sets bt Akon and Diljit Dosanjh, the first Punjabi singer ever to perform at Coachella.

Then, when the families hosted a European cruise in May, the roster of performers was equally impressive, with Katy Perry, Andrea Bocelli, the Backstreet Boys, and Pitbull all taking the stage. As if that weren’t enough, Justin Bieber showed up for a surprise performance last week at a pre-wedding event in Mumbai, a gig he was reportedly paid $10 million for.

Given that a previous Ambani wedding featured a performance by Beyoncé, we’re guessing that no prediction is too big at this point.

What celebrities will be in attendance?

While the musical performer is sure to be an A-lister, the guest list (rumored to be up to 1,200 people) will include plenty of major names as well.

In the lead-up to the nuptials, pre-wedding festivities have been attended by the likes of Mark Zuckerberg, Bill Gates, Hillary Clinton, Ivanka Trump, and Bollywood stars like Aishwarya Rai Bachchan, Deepika Padukone, and Ranveer Singh.

We know even more famous faces will be in attendance at the main event. On Instagram this week, Kim and Khloé Kardashian shared snaps as they arrived at their hotel in Mumbai ahead of the wedding. Meanwhile, Priyanka Chopra and Nick Jonas also arrived on Thursday, which comes as no surprise, given that Anant and Radhika both attended the couple’s wedding festivities back in 2018.

Other celebrities spotted in the area have included John Cena, Law Roach, Rajkummar Rao, and former British prime minister Tony Blair. According to Vanity Fair , invitations reportedly went out to other former prime ministers, like Boris Johnson, as well as celebrities like Mike Tyson, David Beckham, and former U.S. Secretary of State John Kerry.

Where will the wedding take place?

Mumbai will be slightly shut down this weekend, with the Evening Standard reporting that the wedding is being considered a “public event,” much like royal weddings are.

On Friday, the couple will have their main event at the Jio World Convention Center in the Bandra-Kurla Complex, a venue that can hold up to 16,500 people. According to CNN , a red carpet will be rolled out for all the star attendees, and the dress code is classical Indian attire.

In addition, there will be other ceremonies taking place at Antilia, a 27-story Ambani family tower block that has been decorated lavishly ahead of the weekend. This residence, valued at $4.6 billion, was lit up ahead of the nuptials with various colors, and it was also decorated with strings of flowers, while musicians performed live music outside the building hours ahead of the ceremony.

This weekend, the wedding will take place over the course of three days, with the main ceremony at Jio World Convention Center taking place on Friday, July 12, followed by a “Shubh Ashirwad” divine blessings ceremony on July 13 and a “Mangal Utsav,” or reception, on Sunday, both of which will take place in Antilia.

How long have the wedding festivities been going on?

While the wedding proper is only a weekend long, the Ambani wedding festivities are going on seven months now, with the first event—the engagement party—having taken place back in January.

At the beginning of the year, Merchant took part in a mehndi ceremony, where her hands and feet were decorated with henna. The following day, there was an engagement bash, or gol dhana .

Over the months that followed, the celebrations have only gotten bigger and more extravagant, with the families throwing a “pre-wedding party” in March in the city of Jamnagar, where the celebration included fireworks, a feast, and the aforementioned Rihanna performance.

May saw the European cruise, which traveled to various spots across the Mediterranean and included such events as a masquerade ball.

And earlier this July, the couple held a mass wedding, a sangeet (a night of music and dance) and a haldi blessing ceremony.

This Sunday should mark the end of the nearly year-long wedding proceedings. And then we have the honeymoon to look forward to!

Joel is the editorial and social media assistant for HarpersBAZAAR.com, where he covers all things celebrity news. When he steps away from the keyboard, you can likely find him singing off-key at concerts, scavenging thrift stores for loud wardrobe staples, or perusing bookstores for the next great gay romance novel.

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