New Delhi: The Competition Commission of India (CCI) has approved the $8.5 billion merger between Walt Disney Co and Reliance Industries, with a few conditions. This merger will combine their Indian media assets, creating the biggest entertainment company in India.
The deal, which had raised worries about who controls cricket broadcasts, will now compete with Sony, Netflix, and Amazon. The new company will have 120 TV channels and two streaming services. As per the reports, Nita Ambani will be the chairperson of the merged entity. This triggered curiosity among commoners to know what is her net worth. Continue reading to find out.
Beyond becoming the chairperson of the merged entity, Nita Ambani is an educationist, philanthropist, businesswoman, and patron of the arts and sports. She is the driving force behind the Reliance Foundation, which she founded and leads, focusing on empowering women and children across India.
Nita Ambani: Early Life And Educational Background
Born on November 1, 1963, in Mumbai, Nita Ambani grew up in a middle-class Gujarati family. She earned a bachelor’s degree in commerce from Narsee Monjee College of Commerce and Economics. From a young age, she trained as a Bharatnatyam dancer and continued her passion for dance until she was 20. Before her marriage to Mukesh Ambani in 1985, she worked as a teacher and kept teaching at Sunflower Nursery even after their marriage.
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Nita Ambani: Lifestyle
Nita Ambani is also known for her extravagant lifestyle. She reportedly owns the Falcon Supernova iPhone 6 Pink Diamond, one of the world’s most expensive phones, valued at approximately $48.5 million (about Rs. 396 crores). At a recent pre-wedding event for her son Anant Ambani, she wore an emerald-studded diamond necklace worth between Rs. 400 to Rs. 500 crore, along with matching jewelry.
According to Outlook Business, Nita Ambani's net worth is reportedly estimated to be around Rs 2,340 to Rs 2,510 crores, as of 2024.
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