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Asia's richest man is hosting a lavish wedding in Mumbai for his youngest son this weekend. Mumbai is already plagued by traffic and faces added congestion from the three-day wedding affair. AdvertisementAsia's richest man is throwing a massive wedding for his youngest son in Mumbai this weekend. Anant Ambani, son of Mukesh Ambani, is set to wed Radhika Merchant in a lavish affair. This story is available exclusively to Business Insider subscribers.
Persons: , Anant Ambani, Mukesh Ambani, Radhika Merchant, It's, Sonam Srivastava, Srivastava, Bill Gates, Mark Zuckerberg, Ivanka Trump Organizations: Service, Business, Mumbai Traffic Police, Wright Research, Convention, Immigration Locations: Mumbai, Bandra Kurla, Bandra, Jamnagar
But a wedding that spans seven months is an outlier — even in the extravagant world of big Indian weddings. January: The engagement partyActor Ranveer Singh and his wife actor Deepika Padukone attend the engagement ceremony in January. Ahead of the party, the Ambani family also hosted a communal dinner for more than 50,000 villagers outside Jamnagar. July 2-5: Mass wedding and musical nightBrides and grooms perform rituals during a mass wedding ceremony for underprivileged couples hosted by Anant Ambani's parents, Nita and Mukesh. The Ambani family residence Antilia, which will host some of the weekend's festivities, has been extravagantly decorated ahead of the ceremony.
Persons: Anant Ambani, Mukesh Ambani, Forbes, Radhika Merchant, Rihanna, Justin Bieber, you’ve, Ranveer Singh, Deepika Padukone, NIHARIKA KULKARNI, REUTERS Merchant, Aishwarya Rai Bachchan, Salman Khan, Ram Charan, Shah Rukh Khan, Aamir Khan, Reuters Don’t, Mark Zuckerberg, Bill Gates, Ivanka Trump, Jared Kushner, Ambani, Pitbull, David Guetta, Katy Perry, Andrea Bocelli, Anant Ambani's, Nita, Mukesh, Divyakant Solanki, Shutterstock, Nita Mukesh Ambani, Anant’s, Anamika Khanna, Sandeep Khosla, Adele, Drake, Lana Del Rey, Punit Paranjpe, “ Ashirwad, Mangal Utsav Organizations: CNN, REUTERS, Reliance Industries, Reuters, Tech, Backstreet Boys, des, Convention, Getty Locations: Rajasthan, Jamnagar, Gujarat, Sicilian, Palermo, Rome, Cannes, Portofino, , Palghar, Mumbai, , AFP, Antilia
Read previewDonald Trump doesn't want Mark Zuckerberg to forget about their long-running beef. Advertisement"Last week, the weirdo — he's a weirdo — Mark Zuckerberg came to the White House, kissed my ass all night," Trump said. "'Sir, I'd love to have dinner, sir. I'd love to have dinner. I'd love to bring my lovely wife,'" he said, mimicking the supposed conversation.
Persons: , Donald Trump doesn't, Mark Zuckerberg, Trump, isn't, Biden, Zuckerberg, Trump's, I'd Organizations: Service, Business, Safeguard, SAVE, Fox News, Facebook, Trump, Capitol, White House, White Locations: Georgia, Washington ,
MJ's kids include two of his own and two stepchildren, all aged between 35 to 46. AdvertisementHe's among a growing cohort of boomers who are passing on their wealth at an earlier stage in life, financial planners previously told BI. "We consider inheritances and money from families a gift of love," Gideon Drucker, president and financial planner at Drucker Wealth, previously told BI. The money he gifts to his kids comes with no strings attached — they are free to spend it how they see fit. "I'm not going to put them all into retirement with what I'm leaving them.
Persons: he's, Bill Perkins, boomers, Gideon Drucker, MJ, Here's, I've, Drucker, Warren Buffett, Bill Gates, Mark Zuckerberg, Buffet, I'm Organizations: Service, Business, Drucker Wealth Locations: Alberta, Canada
The platform became the world's fastest-growing app when it launched after hitting 100 million users in just five days. Zuck said last week the X rival now has more than 175 million monthly active users. In a recent interview with Platformer, Threads and Instagram boss Adam Mosseri said the aim was still overtaking X. In April, Sensor Tower estimated Threads had averaged 28 million daily active users in the US, while X averaged 22 million. An Instagram add-onWhile Meta still backs Threads to overtake X, the platform still very much exists alongside Instagram.
Persons: , Zuckerberg's, Zuck, Elon Musk's, Musk, Adam Mosseri, Mosseri, Meta's Adam Mosseri, Justin Sullivan, Zuckerberg, Paul Carter, Carter, Instagram Organizations: Service, Zuckerberg's Twitter, Business, Twitter, Elon, Financial Times, Meta
Read previewMark Zuckerberg, who just celebrated his 40th birthday, is a millennial. But is he the most famous millennial? Who else could be the most well-known millennial? Kim Jung Un: I mean, he is a very well-known millennial. Ultimately, reasonable people can disagree on who is the most well-known millennial.
Persons: , Mark Zuckerberg, Zuckerberg, Nick Clegg, Peter Thiel, Sheryl Sandberg, Antonio Lucio, Marc Andreessen, Thiel, Gen X, there's, He's, Muhammad Ali, Justin Bieber, LeBron James, Cristiano Ronaldo, Lionel Messi, Messi, Ronaldo, Taylor Swift, Swift, Shakira, Prince William, Kim Jung Un Organizations: Service, Tech, Facebook, Business, Meta, Globally, Google Locations: Tennesee
Read previewMark Zuckerberg has certainly stunned the world with his transformation from a hoodie-loving nerd to a chain-wearing tech bro. Mark Zuckerberg emails Peter ThielJanuary 4, 2020 pic.twitter.com/0oqreeFKUO — Internal Tech Emails (@TechEmails) July 7, 2024Interestingly, Zuckerberg wasn't the only one who saw himself as a youth icon. The company has seen increased competition from the likes of TikTok, which hooked users with its focus on short-form videos. Zuckerberg wrote in his post. AdvertisementThe image makeover has also delivered a huge PR boost for Zuckerberg, who wasn't always seen as the coolest guy in tech.
Persons: , Mark Zuckerberg, Peter Thiel, Zuckerberg, millennials, Jonathan Skrmetti, Thiel, I'm, might've, hydrofoiling, wasn't, Daniel Ek, Forbes, Ek, He's, he's, Zuckerberg didn't Organizations: Service, Facebook, Business, Meta, BI Locations: Tennessee, USA, Cambridge
The vibe is trail-dad chic — think puffy Patagonia vests and Apple watches and stealth-wealth cashmere pullovers. Sun Valley is also widely believed to be the place where Jeff Bezos decided to buy The Washington Post, and the site of the meet-cute between Comcast and NBC Universal. There are also some notably absent names from the guest list this year. Bob Iger, CEO of Disney and one of the most recognizable business leaders on the planet, wore a name tag and aviators at last year's Sun Valley summit. Questions about President Joe Biden’s ability to campaign have wealthy donors and Democratic officials in a tizzy.
Persons: , Jeff Bezos, Warren Buffett, Sam Altman, Bob Iger, Tim Cook, Meta’s Mark Zuckerberg, Google’s Sundar Pichai, Rupert Murdoch, Oprah Winfrey, David Zaslav, Zaslav, Kevin Dietsch, There’s Buffett, Greg Abel, Buffett, Astrid, Elon Musk, Joe Biden’s, Gretchen Whitmer, Josh Shapiro, Wes Moore, Biden, it’s, Hamilton Nolan Organizations: New, New York CNN, Friedman, Allen & Company, Washington Post, Comcast, NBC Universal, Idaho Mountain Express, Disney, Warner Bros, Bloomberg, Variety, Discovery, Paramount, Democratic Locations: New York, Hailey , Idaho, Sun Valley , Idaho, Idaho, America, Sun
Read previewFrom priceless artwork to "Star Wars" memorabilia, you can tell a lot about a chief executive by how they decorate their office. Their high salaries, and even higher net worths, mean CEOs have the power to deck their workspaces out with more than everyday knickknacks. Here's how they decorate the spaces where they run their companies,AdvertisementBernard ArnaultLVMH CEO Bernard Arnault's office design matches the luxury empire her runs. ERIC PIERMONT/AFP/Getty ImagesWith a net worth of $201 billion, according to Bloomberg, LVMH top boss Bernard Arnault has very expensive taste. Tim CookApple CEO Tim Cook pays homage to Robert F. Kennedy with his office decor.
Persons: , Mark Zuckerberg, Salesforce's Marc Benioff, Bernard Arnault, Bernard Arnault's, ERIC PIERMONT, Louis Vuitton, Dom Pérignon, Dior, Andy Warhol, Tim Cook, Robert F, Kennedy, Justin Sullivan, Jenny Chang, Rodriguez, Cook, Marc Benioff, Kevin Dietsch, Forbes, Benioff, Princess Leia, Darth Maul, Sully, Mark Zuckerberg Mark Zuckerberg, Jeff Bottari, Zuckerberg, didn't, We've, it's Organizations: Service, Business, Getty, Bloomberg, Eiffel, Apple, Auburn University, UFC, Facebook Locations: AFP, Paris, Alabama, Cupertino, mater, Hawaii, San Francisco, Las Vegas
Mark Zuckerberg is leaning into his meme era
  + stars: | 2024-07-05 | by ( Jaures Yip | ) www.businessinsider.com   time to read: +4 min
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewThe memeification of Mark Zuckerberg continues — but lately, the Meta CEO seems to be just as in on the jokes. Zuckerberg surprisingly responded via Instagram Story with just the words: "Send Me Location," spurring incredulity among many. In a video announcing his company's latest AI features, Zuckerberg debuted his chain, which instantly caused a stir on social media. As another person tweeted, "Zuck definitely knows how to create a meme."
Persons: , Mark Zuckerberg, Zuck, Zuckerberg, Elon Musk, Israel Adesanva, Alexander Volkanovski, Joseph Rosenfeld, ORb48fArvU — sophie, @netcapgirl, Rosenfeld Organizations: Service, Business, Facebook, Tesla, MMA Locations: America, Zuck's
Sujit Jaiswal/AFP/Getty ImagesThe Indian wedding industry has boomed since the country emerged from the pandemic. “And this is irrespective of the economic classes.”At about $15,000, the average Indian wedding costs more than three times the average annual household income. Indian weddings are often spread across several days, with an average guest list of 326, compared with 115 in the United States, according to The Knot Worldwide. Rihanna, couture and emeraldsThe average luxury Indian wedding can cost anywhere between $200,000 and $400,000, according to Jefferies. No luxury Indian wedding is complete without lavish meals, which at times involves flying in Michelin star chefs and the finest of ingredients from across the world.
Persons: Anant Ambani, Mukesh Ambani, Radhika Merchant, Mukesh Ambani’s, Tim Chi, Nita, Anant, Sujit Jaiswal, it’s, Jefferies, ” Jefferies, Nasir Kachroo, , Sima Taparia, Aditya Motwane, Priyanka Chopra, Nick Jonas, , you’ve, Ambani’s, Mark Zuckerberg, Bill Gates, Rihanna, Motwane, , Stringer, Knight Frank, Tina Tharwani, Nita Ambani, Olivier Polet, Tharwani, Virat, Vanessa Almeida, Almeida, videographers, Katy Perry, Andrea Bocelli, Rafiq Maqbool, Narendra Modi, ” Modi Organizations: New, New Delhi CNN, Silicon, CNN, Getty, Netflix, Motwane Entertainment, Shaadi, Michelin, Backstreet Boys Locations: New Delhi, Radhika Merchant . India, India, Mumbai, AFP, South Asia, Jammu, Kashmir, United States, Indian, Jamnagar, Monte Carlo, Jodhpur, Rajasthan, Florence, Indian Italian, Tuscany, Goa, Italian, Genoa
Elon Musk has weighed in on Mark Zuckerberg's latest viral stunt. The Meta CEO posted a video of himself hydrofoiling while wearing a tuxedo. I prefer to work," Musk said of the video. I prefer to work," Musk wrote in an X post in response to the video. Zuckerberg went viral on Thursday after he posted a video of himself surfing on a hydrofoil to Facebook and Instagram.
Persons: Elon Musk, Mark Zuckerberg's, hydrofoiling, wasn't, Musk, , Mark Zuckerberg, Zuckerberg Organizations: Service, Facebook
Watch: Mark Zuckerberg’s 4th of July video goes viral
  + stars: | 2024-07-04 | by ( Fj Feng | ) edition.cnn.com   time to read: 1 min
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The Meta CEO posted a video to Facebook and Instagram with the caption: "Happy birthday, America!" download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAh, yes, our favorite 4th of July tradition: Mark Zuckerberg's America-loving post. This year, he's back surfing while waving the American Flag, sipping a can of beer, and wearing a tux — oh, and don't forget the latest Zuck staple, a chain necklace. It looks like is also wearing a pair of Meta Ray-Bans, one of the company's wearable tech products it's been pushing heavily.
Persons: Mark Zuckerberg, , Mark Zuckerberg's, Meta Ray Organizations: Facebook, Service Locations: Mark Zuckerberg's America
It's cool to be a finance bro — for now
  + stars: | 2024-07-04 | by ( Jordan Parker Erb | ) www.businessinsider.com   time to read: +3 min
It comes amid reports that White House staffers are being told to go heads down and " execute, execute, execute. " The big storyISO: A man in financeGetty Images; Jenny Chang-Rodriguez/BIIt's cool to be a finance bro — for now. AdvertisementThanks to a song in a viral TikTok video , finance bros have entered a period of resurgence. But it didn't take long to discover that finance bros were often the butt of the joke. So finance bros may be enjoying a moment in the cultural sunshine — but it likely won't last forever.
Persons: , I'm Jordan Parker Erb, Dan DeFrancesco, Donald Trump, Joe Biden's, Biden, We'll, Jenny Chang, Rodriguez, bro —, Megan Boni, It's, Maria Noyen, wasn't, Elizabeth Holmes, Theranos, Sam Bankman, Rishi Sunak —, Joey Chestnut, Jordan Parker Erb, Hallam Bullock, Amanda Yen Organizations: Service, White House, Business, Getty, bros, Trust Locations: New York City, Patagonia, Manhattan, New York, London
Extravagant pre-wedding celebrations have already sent Indian media into a frenzy and social media feeds are abuzz over what’s to come. Anant Ambani and Radhika Merchant at their pre-wedding celebrations in Jamnagar, Gujarat, India on March 1, 2024. The Ambani pre-wedding celebrations had elaborate floral arrangements. Actor Ranveer Singh and his wife and actor Deepika Padukone pose for a photo during the pre-wedding celebrations earlier this year. Coordinating with Merchant, Ambani also wore a custom black suit designed by Wun, encrusted with jewels.
Persons: Anant Ambani, Radhika Merchant, Mark Zuckerberg, Bill Gates, partygoers, Katy Perry, Andrea Bocelli, Mukesh, Nita Ambani –, Reuters Ambani, Mukesh Ambani, Ambani, Anant, Viren Merchant, Nita, Manish Malhotra, , Merchant, , Radhika, Mangal Utsav, Vishnu, Nita Ambani, Manish Malhotra Malhotra, Ranveer Singh, Deepika Padukone, Malhotra, Sabyasachi Mukherjee, Tarun Tahiliani, lehenga, Manish Malhotra Ambani’s, Rohit Bal, Lorraine Schwartz, Versace, Blake Lively, Robert Wun, ” Mareesha, Salman Khan, Ram Charan, Shah Rukh Khan, Aamir Khan, Narendra Modi, ” Parikh, Vanessa Almeida, Jamnagar Organizations: CNN, Backstreet Boys, Convention, Reliance Industries, Reuters, Bloomberg, Brown University, Reliance, pharma, Viren, Encore Healthcare, New York University, Vogue, sangeet, Sangeet, Merchant, All India Traders Locations: what’s, Jamnagar, Europe, Mumbai, Gujarat, India, Jamnagar ., Bharatnatyam, Agra, Uttar Pradesh, Hong Kong, Goa
Some of Silicon Valley's biggest names are in their tech bro era. It wasn't always like this — many Big Tech CEOs have shed more nerdy personas from their startup days. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Other Big Tech leaders have significantly changed up their looks since starting their companies; some are nearly unrecognizable (we're looking at you, Jeff Bezos.) Here's a look at the style transformations of some of tech's biggest names:
Persons: , Mark Zuckerberg, Jeff Bezos Organizations: Big Tech, Service
Read previewElon Musk just hinted at how much it cost to make his AI chatbot Grok. Knowing how many H100 GPUs Musk is getting allows us to do some napkin math to figure out a rough estimate of the cost. Mark Zuckerberg said in January that Meta will have purchased about 350,000 Nvidia H100 GPUs by the end of 2024. Aravind Srinivas, founder and CEO of AI startup Perplexity, talked about getting turned down by a Meta AI researcher he was trying to poach in part because of Zuckerberg's huge collection of AI chips. 'Come back to me when you have 10,000 H100 GPUs,'" Srinivas said.
Persons: , Elon, chatbot, Hopper, Musk, Nicolai Tangen, xAI, Mark Zuckerberg, Meta, Aravind Srinivas, Srinivas Organizations: Service, Business, Nvidia, Twitter, Meta Locations: Silicon Valley
Mark Zuckerberg's Meta just got some bad news
  + stars: | 2024-07-01 | by ( Sarah Jackson | ) www.businessinsider.com   time to read: +1 min
The European Commission says Meta's "pay or consent" advertising model is in breach of the EU's Digital Markets Act. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementMark Zuckerberg's Meta just got some bad news in the European Union. Meta introduced the model in the EU in 2023 after European regulators had ruled in 2022 that Meta must let users opt out of personalized ads based on their activity on its social platforms. The model requires users to pay a monthly fee to avoid seeing ads on Facebook and Instagram or receive personalized ads to continue using a free version.
Persons: It's, Apple, , Zuckerberg's Meta Organizations: Meta, EU, European Commission, Service, European Union, The European Commission, Monday, Facebook, Business
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. While the Amazon founder made waves last year with the debut of his megayacht Koru, Zuckerberg is the name on the yacht world's lips this season. Rumors began surfacing in March that the Meta CEO had purchased Launchpad — a Dutch-built, 118-meter motor yacht originally built for a Russian oligarch. AdvertisementNow that summer is here, Zuckerberg has debuted Launchpad — and her support superyacht Wingman — on the biggest stage in the yachting world: the Mediterranean. It's likely the yacht will continue to crisscross the Mediterranean this summer.
Persons: , Jeff Bezos, Mark Zuckerberg, Koru, Zuckerberg, Launchpad, Zuckerberg's, Priscilla Chan, Feadship, Larry Ellison's Musashi, Bezos, Lauren Sanchez, Bill Gates, Leonardo DiCaprio, Sanchez, Kim Kardashian, rebrands, he's, regrettably Organizations: Service, Meta, Business, SuperYacht Times Locations: Russian, Panama, Mallorca, Local, Corsica, It's, Aegean
Some of Silicon Valley's biggest names are in their tech bro era. It wasn't always like this — many Big Tech CEOs have shed more nerdy personas from their startup days. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Other Big Tech leaders have significantly changed up their looks since starting their companies; some are nearly unrecognizable (we're looking at you, Jeff Bezos.) Here's a look at the style transformations of some of tech's biggest names:
Persons: , Mark Zuckerberg, Jeff Bezos Organizations: Big Tech, Service
In today's big story, we're looking at how young people are booking their summer vacations , finances be damned. AdvertisementSurveys from Credit Karma, Bankrate, and Bank of America show Gen Zers and millennials are willing to go on summer vacation at all costs… literally. Almost half of millennials surveyed (47%) were willing to take on debt to fund their travel plans, with Gen Z not far behind (42%). AdvertisementAlmost a quarter of young people surveyed by Credit Karma expected to rack up $2,000 in debt this summer. And about 10% of that group were willing to push it even further, surpassing $4,000 in summer debt.
Persons: , Joe Biden's, Donald Trump, Rebecca Zisser, John Towfighi, Zers, millennials, Gen, it's, you'll, Credit Karma, Klaus Vedfelt, That's, Rob Chisholm, Alyssa Powell, he's, Joseph Stiglitz, Trump, Stiglitz, Justin Sullivan, Chelsea Jia Feng, ChatGPT, Mark Zuckerberg, Sundar Pichai, — livestreaming, Twitch's Dan Clancy, Tyler Le, Gigi, Sackler, Ebrahim Raisi, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Annie Smith, Amanda Yen Organizations: Service, Biden, Business, Credit, Bank of America, Getty, SEC, Purdue Pharma, Dua Lipa, Coldplay Locations: Amalfi, Vegas, ., Glastonbury, New York, London
Meta will soon showcase its "full holographic" glasses prototype, CEO Mark Zuckerberg said. The prototype will feature advanced augmented reality tech, though it's not yet ready for sale. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementMark Zuckerberg said Meta is "almost ready" to show off its latest augmented-reality prototype — and he sounds excited. The CEO teased Meta's upcoming "full holographic" glasses during an interview with YouTuber Kane Sutter, also known as Kallaway.
Persons: Meta, Mark Zuckerberg, it's, Zuckerberg, , Meta's, YouTuber Kane Sutter Organizations: Service, Business
Read previewHey, everyone: Instagram really wants you to start using its AI tools. Related storiesThe AI Studio product will let creators make their own AI-powered characters in the app. Meanwhile, on the ground in Anaheim, CA, Instagram is showcasing its AI features at the creator economy's biggest event. Many of Instagram's AI tools are accessible within the DM feature, such as stickers in chat and the creator chatbots. "If you look at Instagram, DMs is one of the fastest growing parts of the system," Zuckerberg said on the "Blueprint" podcast.
Persons: , Instagram, Mark Zuckerberg's, Zuckerberg, YouTuber Kane Sutter, chatbots Organizations: Service, Business, Instagram, DMs Locations: Anaheim , CA
Mark Zuckerberg talked about one of his biggest turnoffs in the AI industry right now. Zuckerberg doesn't think there will be a single best AI, similar to how you don't use just one app. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementWhile Mark Zuckerberg has launched Meta headfirst into the AI arena, he's not a fan of some who think they're creating some sort of singular AI "God." "The future is not going to be one AI," Zuckerberg said.
Persons: Mark Zuckerberg, Zuckerberg, , YouTuber Kane Sutter Organizations: Meta, Service, AIs, Business
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