Meet world’s richest son-in-law, his billionaire father-in-law spent Rs 2400000000 on his wedding, he is married to…, his name is…
In many Indian families, a son-in-law enjoys a distinguished status, especially when married into a wealthy household. Taking about which, have you heard about the world’s richest son-in-law whose father-in-law spent billions to honor his arrival? Around two decades ago, a billionaire businessman spared no expense for his daughter’s grand wedding and the lavish reception of her husband. Let’s explore more about this wealthy son-in-law, his billionaire father-in-law, and their business empire.
Who is Amit Bhatia?
Amit Bhatia is a British-Indian businessman best known as the son-in-law of billionaire steel magnate Lakshmi Niwas Mittal. He is the founder and Managing Director of Ayebay Capital, previously known as Swordfish Investments. Amit completed his early education in Delhi before moving to the UK for higher studies.
Amit began his professional journey with Merrill Lynch and Morgan Stanley in New York. At 45, he is a co-owner of Queens Park Rangers (QPR) FC, a professional football club based in Shepherd’s Bush, West London. In addition to sports, his business ventures span real estate and technology. He is a founding partner at Summix Capital, a strategic land and property investment fund. Previously, Amit served as the executive chairman of Hope Construction Materials until its acquisition by Breedon Group in August 2016, after which he joined the Breedon Group Board as non-executive chairman.
With over 20 years of experience in corporate finance and private equity, Amit Bhatia has built a successful career. In 2004, he married Vanisha Mittal, the daughter of Lakshmi Niwas Mittal. This wedding, held two decades ago, reportedly cost Rs. 240 crores and was regarded as the most expensive wedding in the world at the time.
A Grand Wedding That Lasted Six Days
Billionaire steel tycoon Lakshmi Niwas Mittal wanted to make his daughter and son-in-law’s wedding an unforgettable event, sparing no expense in the process. To celebrate the union of Amit Bhatia and Vanisha Mittal, he organized an opulent six-day wedding extravaganza in Paris, the capital of France.
The arrangements were so spectacular that it felt as though the entire city of Paris was celebrating the occasion. Renowned celebrity chef Munna Maharaj was flown in from India to France to curate the culinary experience. The grand Indian wedding saw the participation of 10,000 guests from across the globe. The event was further elevated by performances from Bollywood and Hollywood stars, including Shah Rukh Khan and Rani Mukerji.
International pop sensation Kylie Minogue also performed at the wedding, charging Rs. 1 crore for a one-hour performance. The celebrations set a benchmark for lavish weddings, blending cultural richness with grandeur.
Vanisha Mittal and her husband, Amit Bhatia have three children, but their names aren’t known to the world.
Lakshmi Mittal’s net worth
Lakshmi Mittal’s net worth is estimated at USD 19.2 billion, making him one of the world’s richest men.
In 2005, Forbes listed Mittal as the third richest-person in the world, while in 2015, The Sunday Times named him Business Person of the Year and Time Magazine included him in their Time 100 list.