BUSINESS
Ajay Piramal is Mukesh Ambani's 'samdhi' and Isha Ambani's father-in-law. One of India's wealthiest industrialists is Ajay Piramal.
Mukesh Ambani, the richest man in India, has accomplished numerous business milestones. Being the wealthiest family in India, the Ambanis are related to other wealthy families. One such is the Piramal family, Anand Piramal who is the son of Ajay Piramal is Isha Ambani’s husband. Ajay Piramal is Mukesh Ambani's 'samdhi' and Isha Ambani's father-in-law. One of India's wealthiest industrialists is Ajay Piramal.
Who is Ajay Piramal?
In 1977, when he was 22 years old, Ajay Piramal started working at his family's textile business. He seized control of companies and built a vast pharmaceutical empire. Piramal Enterprises, the conglomerate's primary business, focuses mostly on financial and health services. His grandfather Piramal Chatrabhuj began the textile company in 1934.
Several accidents were faced by the Piramal family. Gopikrishna Piramal, the father of Ajay Piramal, passed away abruptly in 1979. He lost his older brother to cancer five years later. He was compelled by circumstances to take over the family business. He did not want to limit the scope of the family business to textiles. In 1987, he bought Nicholas Laboratories.
He expanded the company. He sold Abbott Labs his formulas in 2010 for $3.8 billion. His sister-in-law Urvi Piramal is the owner of Peninsula Land, a real estate business. She manages the business under the Ashok Piramal Group's auspices.
The group's vice-chairwoman is Ajay Piramal's wife, Swati Piramal. Both Nandini and Anand Piramal are on the board of the organization. MBA graduate from Mumbai University, Ajay Piramal. The current value of Ajay Piramal's assets is 3.8 billion dollars, or roughly Rs 31,000 crore. In 2018, Anand Piramal wed Isha, the daughter of Mukesh Ambani, in India's priciest wedding ever.
At their wedding, Isha Ambani and Anand Piramal received a home worth Rs. 450 crore as a wedding gift.
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