Categories: US

Inside the Ambanis’ treasure trove: Jewelry expert lifts the lid on the WILDLY expensive accessories sported by billionaire groom Anant and his family at extravagant pre-wedding event – from $30,000 BUTTONS to a $6.5M necklace

A jewelery expert has lifted the lid on some of the stunningly beautiful gemstones worn by Anant Ambani and girlfriend Radhika Merchant at their lavish pre-wedding celebrations in Jamnagar, India, last weekend.

Although the cute couple’s wedding won’t take place until July, they kicked off the festivities with a lavish cocktail party, a private concert with Rihanna and even a trip to the Reliance animal rescue center started by Ambani himself, according to an itinerary obtained by The times.

Guests included prominent A-listers and entrepreneurs like Bill Gates, Mark Zuckerberg and even Ivanka Trump, who were there to toast the love of Ambani, whose father, Mukesh Ambani, has an estimated net worth of more than $116 billion.

His future wife, Merchant, is the daughter of Viren Merchant, CEO of Encore Healthcare.

This past weekend, Anant Ambani, son of billionaire Mukesh Ambani, and girlfriend Radhika Merchant held lavish pre-wedding celebrations in Jamnagar, India

Guests at the couple’s pre-wedding bash included high-profile A-listers such as Mark Zuckerberg, above, and Bill Gates

Ivanka Trump and husband Jared Kushner were also among the guests in attendance to toast the happy couple

In a series of reels posted on her Instagram account, New York City-based gem wholesaler Julia Hackman Chafé shared more about the jewels worn at the festivities

But while their extravagant weekend made headlines, what might have been even more impressive were the opulent jewels the couple and their family wore over the three days.

This week, New York City-based gem wholesaler Julia Hackman joined Chafé Instagram wheel to reveal that Ambani’s mother, Nita Ambani, may have worn a $6.5 million ‘historic diamond ring’ to the pre-wedding festivities.

“It’s called the Mirror of Paradise and it weighs 52.58 carats, was originally mined in the Golconda region of India, and is an internally flawless D-color diamond,” Chafé revealed.

She explained that the stunning emerald-cut ring was part of one 2019 auction at Christie’sas part of their Maharajas and Mughal Magnificence collection.

“It’s worth noting that Nita may have bought the diamond from someone who bought it from the auction, which means she may have paid more or less,” she explained.

Chafé said she found out the information from another jeweler on Instagram, @therealdiamantairewho sent her a DM saying she recognized the stone after seeing it in person before it was auctioned off.

The jewelry expert also raved about Nita’s larger-than-life emerald necklace, which was worn on the third day of the celebration.

The necklace contained two large, square emerald stones with diamonds.

“Called the Mirror of Paradise, it weighs 52.58 carats, was originally mined in the Golconda region of India, and is an internally flawless D-color diamond,” Chafé revealed

The ring was auctioned at Christie’s in 2019, as part of their Maharajas and Mughal Magnificence collection

The jewelry expert also talked about the groom-to-be’s diamond studs he wore on one of his jackets over the weekend, as well as Radhika’s beautiful cascading diamond necklace

She wanted to ‘focus on’ Radhika’s ‘casual look’, which she wore on their second day of celebrations, which featured a huge diamond necklace and diamond studs

Jewelry rundown with Julia! Most $$$ pieces from Ambani before the wedding

  • Ambani’s mother, Nita Ambani, may have worn a ‘historic diamond ring’ worth $6.5 million to the pre-wedding festivities
  • The ring was auctioned at Christie’s in 2019, called ‘Mirror of Paradise’
  • Chafé also estimated that Merchant’s diamond necklace was worth well over a million
  • While it’s unclear how much Merchant’s earrings cost, a similar pair retails for $1,299,675.
  • Xavier estimated that Nita’s emerald necklace was worth about $5.7 million in total.

“I’m not exaggerating when I tell you these wouldn’t fit into a gemstone scale,” Chafé admitted in the clip.

According to various reports cited by GQ Indiais the necklace worth anywhere from ‘Rs 400 to Rs 500 crore’ – which equates to $48,300,880 – $60,376,100 in USD.

The New York City-based jeweler Jean-Paul Xavier of namesake Jean-Paul Xavier jewelry estimated that the necklace must have taken at least a year to make, guessing that it was probably a ‘two or three hundred carat piece’.

“It’s probably 5k gold or platinum in the necklace,” Xavier explained in a recent video posted to his TikTok.

“Maybe six, seven, but that’s compared to the manpower,” he continued, adding that it would take a whole team to make the accessories – including a ‘top project manager’ and a ‘model team’.

As for the price, he estimated it to be $5.7 million in total, broken down by the cost of the links and emeralds, writing in the caption that she ‘probably paid 10ish.’

“It’s a billionaire’s necklace, the little emeralds around the neck look like forty or fifty thousand dollar emeralds each, maybe wholesale, then retail,” he said.

Chafé even peeled back the layers on the diamond-encrusted buttons with pointed Ambani had on his jacket during the weekend, as well as the cascading yellow and white diamond necklace that Købmand was wearing.

New York City-based jeweler Jean-Paul Xavier estimated in a TikTok video that Nita’s emerald necklace could be worth around $5.7 million

“It’s a billionaire’s necklace, the little emeralds around the neck look like forty or fifty thousand dollar emeralds each, maybe wholesale, then retail,” Xavier said

Radhika paired the diamonds with a custom Dolce & Gabbana blue leopard print maxi dress and matching hat

Chafé claimed that the blouse, which was covered in emeralds, rubies and diamonds, contained her ‘old jewels’ and ‘new jewels’

“I would guess that Anant’s buttons were at least $30,000 each,” Chafé told DailyMail.com, explaining that it was in US prices and was not exactly sure what the Ambanis bought them for.

Merchant paired the incredible necklace with an extraordinary purple custom-made gown that resembled the Art Deco-inspired Versace worn by Gossip Girl star Blake Lively at the 2022 Met Gala.

And while the stunning diamonds Merchant wore over the weekend were stunningly beautiful, Chafé also highlighted her diamond necklace and earrings, which the bride-to-be wore on day two during a ‘walk on the wild side’.

Merchant wore a stunning necklace which featured a single, large diamond in the center along with diamond studs.

“I want to focus on Radhika’s laid-back look because her daytime casual diamond is bigger than I can even put a size on,” Chafe said.

“Looks like her studs are easily over 10 carats each,” she continued.

Chafé told DailyMail.com that she estimated Radhika’s necklace must have cost over a million.

While it’s unclear how much Merchant’s diamond studs cost, a similar pair of a combined 20-carat sparkler retails at Raven Fine Jewelers in Beverly Hills, California, for $1,299,675.

Rihanna performed at the luxurious celebration and performed a 90-minute concert for their guests

While the sweet couple’s wedding won’t take place until July, they kicked off the festivities with a lavish cocktail party, a private concert with Rihanna and a trip to the Reliance Animal Rescue

On 1. Dibs, a pair of 10-carat each diamond studs cost $454,250.

Paired with the diamonds was a custom Dolce & Gabbana blue leopard print maxi dress and matching hat, the complete look posted on Instagram by her stylists Rhea Kapoor and Shereen Sikka.

In his series, Chafé similarly gushed over blouse with jewels worn by Isha Ambani, the groom’s elder sister, as well as her emeralds.

Chafé claimed that the blouse, which was covered in emeralds, rubies and diamonds, contained her ‘old jewels’ and ‘new jewels’.

“Jadau jewellery, which is a traditional form of Indian jewellery, was made using pure gold gold foil between the stones and mounds,” she said.

She noted that these pieces of jewelry are traditionally used for necklaces instead of blouses.

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