Data by the Hurun Research Institute for the Hurun Global Forty and Under Self-Made Billionaires ranks the under-40 self-made billionaires in the world in terms of US dollars. With the country’s ultra-high-net-worth individuals (UHNIs) getting younger every year, their demands and preferences are changing. In a country where the top 1 per cent of the population owns 33 per cent of the country’s wealth (according to the World Inequality Report 2022), India’s affluent elite are deploying their monetary assets to live life king-size. After the pandemic, Europe needs money, and who knows it better than rich Indians? Of course, the entire embassy staff, including the ambassador, was invited along with an offer of a private jet for their exclusive use, which was politely (perhaps, regretfully) declined. To oblige the wedding party, even senior diplomats at the embassy set aside their official work to stamp visas, since the wedding date was close. They did not have enough staff to process visas for nearly 200 guests and staff that included valets, cooks, photographers, bandwallahs and planners.
A recent, almost week-long, mega wedding of a prominent industrial family held at a European destination sent the embassy staff into a tizzy. At the beginning of the pandemic, a couple planning their wedding anniversary ordered a private jet to bring goodies from Europe to India in time, just before the lockdown began.īooking a Rolls Royce for 50,000 pounds a day in London is no big deal a Dubai-based businessman with work interests in Andhra Pradesh, who rubs shoulders with the high and mighty in Delhi, gives his children £1,000 as daily allowance when they are holidaying together, just to be left alone.īig Fat Indian Wedding Power can overwork diplomats and make chatwalas happy. Another just flew to London in their jet for dinner at a Michelin restaurant. A Mumbai family, bored with the food at home, hired a Michelin Star chef from a Gordon Ramsay restaurant in London.
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