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Asia's richest man Mukesh Ambani is set to throw a grand wedding for his son. Here's what to know

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Asia's richest man Mukesh Ambani is set to throw a grand wedding for his son. Here's what to know
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Asia's richest man Mukesh Ambani is set to throw a grand wedding for his son. Here's what to know

2024-07-06 16:56 Last Updated At:17:00

NEW DELHI (AP) — In March, Asia’s richest man Mukesh Ambani threw a three-day prenuptial bash for his son that included a 1,200-person guest list, including former world leaders, tech tycoons and Bollywood's megastars, and a performance by renowned singer Rihanna.

It was only the start of their months-long lavish pre-wedding celebrations which have grabbed headlines and set off a social media frenzy.

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FILE - Nita Ambani, left, wife of Mukesh Ambani along with his son Anant Ambani, center right, and his fiancée Radhika Merchant, second left, greet guests during their pre-wedding ceremony at their residence in Mumbai, India, Wednesday, July 3, 2024.(AP Photo/Rafiq Maqbool, File)

NEW DELHI (AP) — In March, Asia’s richest man Mukesh Ambani threw a three-day prenuptial bash for his son that included a 1,200-person guest list, including former world leaders, tech tycoons and Bollywood's megastars, and a performance by renowned singer Rihanna.

FILE - Anant Ambani, left, and Radhika Merchant pose for photographers during their pre-wedding ceremony in Mumbai, India, Friday, July 5, 2024. (AP Photo/Rajanish Kakade, File)

FILE - Anant Ambani, left, and Radhika Merchant pose for photographers during their pre-wedding ceremony in Mumbai, India, Friday, July 5, 2024. (AP Photo/Rajanish Kakade, File)

FILE - Chairman of Reliance Industries Limited Mukesh Ambani, third left, poses with his family members and underprivileged couples during a mass wedding organized by him as the part of pre-wedding celebrations of his youngest son, Anant Ambani, in Mumbai, India, Tuesday, July 2, 2024. (AP Photo/Rafiq Maqbool, File)

FILE - Chairman of Reliance Industries Limited Mukesh Ambani, third left, poses with his family members and underprivileged couples during a mass wedding organized by him as the part of pre-wedding celebrations of his youngest son, Anant Ambani, in Mumbai, India, Tuesday, July 2, 2024. (AP Photo/Rafiq Maqbool, File)

FILE - Decorations are seen outside Antilla, the residence of Mukesh Ambani, during a pre-wedding ceremony of his son Anant Ambani and Radhika Merchant, in Mumbai, India, Wednesday, July 3, 2024. (AP Photo/Rafiq Maqbool, File)

FILE - Decorations are seen outside Antilla, the residence of Mukesh Ambani, during a pre-wedding ceremony of his son Anant Ambani and Radhika Merchant, in Mumbai, India, Wednesday, July 3, 2024. (AP Photo/Rafiq Maqbool, File)

FILE - Anant Ambani, left, and Radhika Merchant pose for photographers during their pre-wedding ceremony in Mumbai, India, Friday, July 5, 2024. (AP Photo/Rajanish Kakade, File)

FILE - Anant Ambani, left, and Radhika Merchant pose for photographers during their pre-wedding ceremony in Mumbai, India, Friday, July 5, 2024. (AP Photo/Rajanish Kakade, File)

In May, the family took guests on a 3-day pre-wedding cruise from Italy to France, which included a DJ set from David Guetta, Katy Perry belting out her hit song “Firework” and a performance by Pitbull to cap it off, according to media reports.

Finally, the wedding is set for next week, with Anant Ambani, 29, marrying his longtime girlfriend, Radhika Merchant, in what many have dubbed the wedding of the year.

Here’s what we know:

The father of the groom is Mukesh Ambani, 66, currently the world’s 9th richest man with a net worth of $116 billion, according to Forbes. He is also the richest person in Asia.

His Reliance Industries is a massive conglomerate, reporting over $100 billion in annual revenue, with interests ranging from petrochemicals, and oil and gas to telecoms and retail.

The Ambani family owns, among other assets, a 27-story private apartment building, named Antila, worth $1 billion in Mumbai. It has three helipads, a 160-car garage, a private movie theater, a swimming pool, and a fitness center.

Ambani’s critics say his company has flourished mainly because of political connections during the Congress governments in the 1970s and 80s and subsequently under Prime Minister Narendra Modi’s rule after 2014. They say “crony capitalism” in India has helped certain corporations, such as Ambani’s, thrive.

The family patriarch has started passing the torch to his two sons and daughter. The oldest son, Akash Ambani, is now chairperson of Reliance Jio, their telecoms business; his daughter, Isha, oversees retail, while the groom Anant, the youngest, has been inducted into the new energy business.

Anant has a bachelor’s degree from Brown University, according to Reliance Industries’ website, and oversees the conglomerate’s renewable and green energy expansion.

He also runs a 3,000-acre (nearly 1,200-hectare) animal rescue center called Vantara in Gujarat state’s Jamnagar, the family’s hometown where guests in March spent days celebrating in the extravagant pre-wedding party.

The bride, Radhika Merchant, 29, is the daughter of pharmaceutical tycoon Viren Merchant and is the marketing director for his company, Encore Healthcare, according to Vogue.

She told the magazine that the two were introduced through mutual friends in 2017. “That first meeting just sparked something special between us, and it wasn’t long before we started dating,” she said.

The main wedding ceremony is set for July 12, followed by a grand reception on July 14, according to local media. Celebrations are expected to be split between the Ambani’s Jio World Convention Center in Mumbai city and their family home.

The dates were reportedly chosen based on the couple's birth charts, as is typical in Hindu custom, and deemed auspicious. Also keeping with tradition, the wedding will be preceded by days of traditional wedding events and rituals.

On Friday, Indian social media was abuzz with videos from the couple’s sangeet, a ceremony where the bride and groom’s families perform dances for the guests. It also included performances by Bollywood stars like Alia Bhatt, Ranveer Singh and Salman Khan as well as Justin Bieber, who flew to Mumbai for the event, according to local media.

The family also organized a mass wedding for more than 50 underprivileged couples last week, as part of the pre-wedding celebrations.

Extravagant parties are the Ambanis’ specialty and next week’s events are expected to draw more celebrities, billionaires and world leaders.

In March for the pre-wedding bash, the guest list included Bill Gates, Mark Zuckerberg, former leaders of Canada and Qatar as well as Bollywood’s A-list stars like Shah Rukh Khan and Deepika Padukone. In addition to Rihanna, Akon and Diljit Dosanjh, a Punjabi singer who shot to international fame when he performed at Coachella, also took the stage.

In 2018, when his daughter married, Ambani made the headlines because of the grand celebrations, with pop sensation Beyoncé performing at the pre-wedding festivities. At the time, former U.S. Secretaries of State Hillary Clinton and John Kerry were among those who rubbed shoulders with Indian celebrities and Bollywood stars in the western Indian city of Udaipur.

FILE - Nita Ambani, left, wife of Mukesh Ambani along with his son Anant Ambani, center right, and his fiancée Radhika Merchant, second left, greet guests during their pre-wedding ceremony at their residence in Mumbai, India, Wednesday, July 3, 2024.(AP Photo/Rafiq Maqbool, File)

FILE - Nita Ambani, left, wife of Mukesh Ambani along with his son Anant Ambani, center right, and his fiancée Radhika Merchant, second left, greet guests during their pre-wedding ceremony at their residence in Mumbai, India, Wednesday, July 3, 2024.(AP Photo/Rafiq Maqbool, File)

FILE - Anant Ambani, left, and Radhika Merchant pose for photographers during their pre-wedding ceremony in Mumbai, India, Friday, July 5, 2024. (AP Photo/Rajanish Kakade, File)

FILE - Anant Ambani, left, and Radhika Merchant pose for photographers during their pre-wedding ceremony in Mumbai, India, Friday, July 5, 2024. (AP Photo/Rajanish Kakade, File)

FILE - Chairman of Reliance Industries Limited Mukesh Ambani, third left, poses with his family members and underprivileged couples during a mass wedding organized by him as the part of pre-wedding celebrations of his youngest son, Anant Ambani, in Mumbai, India, Tuesday, July 2, 2024. (AP Photo/Rafiq Maqbool, File)

FILE - Chairman of Reliance Industries Limited Mukesh Ambani, third left, poses with his family members and underprivileged couples during a mass wedding organized by him as the part of pre-wedding celebrations of his youngest son, Anant Ambani, in Mumbai, India, Tuesday, July 2, 2024. (AP Photo/Rafiq Maqbool, File)

FILE - Decorations are seen outside Antilla, the residence of Mukesh Ambani, during a pre-wedding ceremony of his son Anant Ambani and Radhika Merchant, in Mumbai, India, Wednesday, July 3, 2024. (AP Photo/Rafiq Maqbool, File)

FILE - Decorations are seen outside Antilla, the residence of Mukesh Ambani, during a pre-wedding ceremony of his son Anant Ambani and Radhika Merchant, in Mumbai, India, Wednesday, July 3, 2024. (AP Photo/Rafiq Maqbool, File)

FILE - Anant Ambani, left, and Radhika Merchant pose for photographers during their pre-wedding ceremony in Mumbai, India, Friday, July 5, 2024. (AP Photo/Rajanish Kakade, File)

FILE - Anant Ambani, left, and Radhika Merchant pose for photographers during their pre-wedding ceremony in Mumbai, India, Friday, July 5, 2024. (AP Photo/Rajanish Kakade, File)

FREETOWN, Sierra Leone (AP) — Companies that bring solar power to some of the poorest homes in Central and West Africa are said to be among the fastest growing on a continent whose governments have long struggled to address some of the world's worst infrastructure and the complications of climate change.

The often African-owned companies operate in areas where the vast majority of people live disconnected from the electricity grid, and offer products ranging from solar-powered lamps that allow children to study at night to elaborate home systems that power kitchen appliances and plasma televisions. Prices range from less than $20 for a solar-powered lamp to thousands of dollars for home appliances and entertainment systems.

Central and West Africa have some of the world’s lowest electrification rates. In West Africa, where 220 million people live without power, this is as low as 8%, according to the World Bank. Many rely on expensive kerosene and other fuels that fill homes and businesses with fumes and risk causing fires.

At the last United Nations climate summit, the world agreed on the goal of tripling the capacity for renewable power generation by 2050. While the African continent is responsible for hardly any carbon emissions relative to its size, solar has become one relatively cost-effective way to provide electricity.

The International Energy Agency, in a report earlier this year, said small and medium-sized solar companies are making rapid progress reaching homes but more needs to be invested to reach all African homes and businesses by 2030.

About 600 million Africans lack access to electricity, it said, out of a population of more than 1.3 billion.

Among the companies that made the Financial Times' annual ranking of Africa's fastest growing companies of 2023 was Easy Solar, a locally owned firm that brings solar power to homes and businesses in Sierra Leone and Liberia. The ranking went by compound annual growth rate in revenue.

Co-founder Nthabiseng Mosia grew up in Ghana with frequent power cuts. She became interested in solving energy problems in Africa while at graduate school in the United States. Together with a U.S. classmate, she launched the company in Sierra Leone with electrification rates among the lowest in West Africa.

"There wasn’t really anybody doing solar at scale. And so we thought it was a good opportunity,” Mosia said in an interview.

Since launching in 2016, Easy Solar has brought solar power to over a million people in Sierra Leone and Liberia, which have a combined population of more than 14 million. The company’s network includes agents and shops in all of Sierra Leone’s 16 districts and seven of nine counties in Liberia.

Many communities have been connected to a stable source of power for the first time. “We really want to go to the last mile deep into the rural areas,” Mosia said.

The company began with a pilot project in Songo, a community on the outskirts of Sierra Leone’s capital Freetown. Uptake was slow at first, Mosia said. Villagers worried about the cost of solar-powered appliances, but once they began to see light in their neighbors’ homes at night, more signed on.

“We have long forgotten about kerosene,” said Haroun Patrick Samai, a Songo resident and land surveyor. “Before Easy Solar we lived in constant danger of a fire outbreak from the use of candles and kerosene."

Altech, a solar power company based in Congo, also ranked as one of Africa's fastest growing companies. Fewer than 20% of the population in Congo has access to electricity, according to the World Bank.

Co-founders Washikala Malango and Iongwa Mashangao fled conflict in Congo's South Kivu province as children and grew up in Tanzania. They decided to launch the company in 2013 to help solve the power problems they had experienced growing up in a refugee camp, relying on kerosene for power and competing with family members for light to study at night.

Altech now operates in 23 out of 26 provinces in Congo, and the company expects to reach the remaining ones by the end of the year. Its founders say they have sold over 1 million products in Congo in a range of solar-powered solutions for homes and businesses, including lighting, appliances, home systems and generators.

“For the majority of our customers, this is the first time they are connected to a power source,” Malango said.

Repayment rates are over 90%, Malango said, helped in part by a system that can turn off power to appliances remotely if people don't pay.

The Associated Press receives financial support for global health and development coverage in Africa from the Gates Foundation. The AP is solely responsible for all content. Find AP’s standards for working with philanthropies, a list of supporters and funded coverage areas at AP.org.

Yakubu Achiri fixes a car battery to his solar system at his house in Gushegu northern, Ghana, Friday Sept. 6, 2024. (AP Photos/Abdul Haqq Mahama)

Yakubu Achiri fixes a car battery to his solar system at his house in Gushegu northern, Ghana, Friday Sept. 6, 2024. (AP Photos/Abdul Haqq Mahama)

A young man stands by a community radio station solar setup sponsored by a German NGO in Gushegu northern, Ghana, Friday Sept. 6, 2024. (AP Photos/Abdul Haqq Mahama)

A young man stands by a community radio station solar setup sponsored by a German NGO in Gushegu northern, Ghana, Friday Sept. 6, 2024. (AP Photos/Abdul Haqq Mahama)

A man sits in a community radio station powered by a solar setup sponsored by a German NGO in Gushegu northern, Ghana, Friday Sept. 6, 2024. (AP Photos/Abdul Haqq Mahama)

A man sits in a community radio station powered by a solar setup sponsored by a German NGO in Gushegu northern, Ghana, Friday Sept. 6, 2024. (AP Photos/Abdul Haqq Mahama)

Solar torch lights are seen on the rooftop of a building in Gushegu northern, Ghana, Friday Sept. 6, 2024. (AP Photos/Abdul Haqq Mahama)

Solar torch lights are seen on the rooftop of a building in Gushegu northern, Ghana, Friday Sept. 6, 2024. (AP Photos/Abdul Haqq Mahama)

Yakubu Achiri holds a solar panel that he uses to power his light bulb at his house in Gushegu northern, Ghana, Friday Sept. 6, 2024. (AP Photos/Abdul Haqq Mahama)

Yakubu Achiri holds a solar panel that he uses to power his light bulb at his house in Gushegu northern, Ghana, Friday Sept. 6, 2024. (AP Photos/Abdul Haqq Mahama)

A girl stands in front of a house connected to solar system in Gushegu northern, Ghana, Friday Sept. 6, 2024. (AP Photos/Abdul Haqq Mahama)

A girl stands in front of a house connected to solar system in Gushegu northern, Ghana, Friday Sept. 6, 2024. (AP Photos/Abdul Haqq Mahama)

Yahya Alhassan tests a light bulb with a solar system at his home in Gushegu northern, Ghana, Friday Sept 6, 2024. (AP Photos/Abdul Haqq Mahama)

Yahya Alhassan tests a light bulb with a solar system at his home in Gushegu northern, Ghana, Friday Sept 6, 2024. (AP Photos/Abdul Haqq Mahama)

Rukaya Tongdoo connects a torchlight to a solar powered radio outside her house in Gushegu northern, Ghana, Friday Sept 6, 2024. (AP Photos/Abdul Haqq Mahama)

Rukaya Tongdoo connects a torchlight to a solar powered radio outside her house in Gushegu northern, Ghana, Friday Sept 6, 2024. (AP Photos/Abdul Haqq Mahama)

This photo released by Easy Solar shows a man and his family watching television with a solar power in his house in Monrovia, Liberia, Saturday Aug. 26, 2023. (Muctarr Bah Mohamed/Easy Solar via AP)

This photo released by Easy Solar shows a man and his family watching television with a solar power in his house in Monrovia, Liberia, Saturday Aug. 26, 2023. (Muctarr Bah Mohamed/Easy Solar via AP)

This photo released by Easy Solar shows a large solar panels installation on a rooftop of an office building in Freetown, Sierra Leone, Tuesday Aug. 13, 2024. (Muctarr Bah Mohamed/Easy Solar via AP)

This photo released by Easy Solar shows a large solar panels installation on a rooftop of an office building in Freetown, Sierra Leone, Tuesday Aug. 13, 2024. (Muctarr Bah Mohamed/Easy Solar via AP)

This photo released by Easy Solar shows a large solar panels installation on a rooftop of an office building in Freetown, Sierra Leone, Tuesday Aug. 13, 2024. (Muctarr Bah Mohamed/Easy Solar via AP)

This photo released by Easy Solar shows a large solar panels installation on a rooftop of an office building in Freetown, Sierra Leone, Tuesday Aug. 13, 2024. (Muctarr Bah Mohamed/Easy Solar via AP)

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