Ambani family twice as wealthy as Asia's 2nd richest family with $76 bn wealth
High above the shimmering waters of Lake Lucerne in the Swiss Alps, one of the world’s wealthiest families convened in early September.Mukesh Ambani, India’s richest and most powerful private citizen, retreated with his wife, three grown children and their partners to the Bürgenstock resort at a key moment for their sprawling business empire, Reliance Industries Ltd.
The coronavirus pandemic had gutted the global economy and Mumbai—where the family lives in a 27-story skyscraper named Antilia—was in the midst of a surge in infections. But in the preceding weeks Ambani, 63, had struck deals with some of the world’s leading tech giants to sell stakes in Reliance’s digital unit. The next blizzard of fundraising announcements in his retail arm was just days away.