Monday, April 2, 2012

How Billionaire`s Wives spend money


India’s super-rich billionaires have buckets of money although they spend most of it into business. But have you ever wondered what their better half’s spending habits are? Is it only shopping or fascination of luxurious accessories? Or they like to reinvest their money to make more profit out of it? Let’s have a look at their lifestyles.


1. Nita Ambani


Nita Ambani, daughter of senior Birla executive, is often called as the “Empress of India”. She is married to the Reliance Industry’s Chairman and MD, Mukesh Ambani, who is the richest man in the country with an estimated wealth of $22.3 billion. Her husband might have built one of the world’s most expensive houses but she is typical Gujju bargain-hunting wife who love to get hold of the best piece at the best rate.


For her high rise home Antilla, she wanted a crockery set of 25,000 pieces of chinaware. This crockery set was from a 106 years old Japanese brand ‘Noritake’, whose crockery is 22 carat gold/platinum-trimmed porcelain. Surprisingly she didn’t buy it from the Mumbai showroom rather she flew to Sri Lanka to get her piece as the price was 70-80 percent less in Sri Lanka than Mumbai.

2. Tina Ambani


Tina Ambani is married to the seventh richest man in the country, Anil Ambani, who has an estimated wealth of $7.8 billion. She is a shy person, and doesn’t like to disclose her spending habits or her purchases. In a chat with ET, she once said, “I'm a very shy person. Please don't make this interview about me”. She has her own “Harmony Art Foundation”, where she hosts many art shows. She generally peeps out only during her art shows.


She is mostly busy with her Harmony art show, Kokilaben Dhirubhai Ambani Hospital and Research InstituteAs quoted by ET, she says, “I want to speak about the art show and my work, but the press seems more interested in my clothes and jewellery”. She buys pieces of upcoming artists to encourage them. She bought a 100-m long yacht worth nearly 200 crore, which can host 20 people apart from the crew. She is also a member of 161 year old Royal Bombay Yacht Club (RBYC) in Mumbai.

3. Savitri Jindal           


Savitri Jindal is a Industrialist who is also the fifth richest woman in the country with a net worth of $13.2 billion. She is also referred as “Indian Steel Baroness”. She overtook O. P. Jindal Group as Non Executive CEO, after her husband, Om Prakash died in helicopter crash in 2005.


She is a businesswoman but a very down to earth person. She doesn’t boast a luxurious life and she spends sparingly. She believes in reinvesting her money to make profit by buying or investing in stocks and shares.

4. Melinda Gates


Melinda French Gates is an American businesswoman and wife of Bill Gates, who is the world’s second wealthiest man with a net worth of $61.3 billion. She is the co-founder and co-chair of her foundation called “Bill & Melinda Gates Foundation”. This initiative makes her out of the list and the only reason is ‘Its Selfless’. In 1999, she along with her husband donated $5 billion of their personal wealth to this foundation.


The primary aim of this foundation is to enhance healthcare and reduce extreme poverty globally. This foundation is controlled by three trustees primarily – Bill Gates, Melinda Gates and Warren Buffet. This foundation mainly has three wings under it namely – Global Health, Global Development and United States Program.

5. Gauri Khan


Guari Khan is a film producer and wife of Sharukh khan aka the ‘King Khan’ of Bollywood. She is also the co-founder of ‘Red Chillies Entertainment’, a film production house. Though she is a celebrity’s wife but like to keep a low profile. She is considered as one of the most stylish women in Bollywood. Priya Tanna, Editor of Vogue India says, “That she is stylish, enigmatic, and poised is known, but at the shoot we saw another side of her. Even in the frames she shares with Shah Rukh, she holds her own impressively”, as quoted by Wikipedia.


By profession she is a Fashion Designer and also an interior designer by passion. She bought a house worth 20 million pounds in London and wanted Subodh Gupta to design it for her. She said to NDTV, “When I saw Subhodh's art for the first time it was still coming out and it was very close to my heart… I have just done up my place and in fact we invited him to our place. I wanted to show him our place because I thought if he gets inspired… he would tell us what would look good and what would work. So he called me and invited me to this exhibition to see what he has done and if I like something”.






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