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  • Business

Meet Radhika Merchant’s Billionaire Father Viren Merchant, Who Has A Net Worth of Rs 750 Crore

Anant Ambani, the youngest son of Reliance Industries chairman Mukesh Ambani, is all set to marry Radhika Merchant on July 12 in Mumbai. Mukesh Ambani, richest man in India and 11th richest in world, according to Forbes, with a net worth of $116 bn. However, Radhika Merchant is the daughter of Indian billionaire, Viren Merchant. The 58-year-old business tycoon and the CEO of Encore Healthcare Private Limited. Radhika serves on Encore Healthcare’s board of directors.
Erin Burnett Published: June 8, 2024 | Updated: June 8, 2024 2 minutes read
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While most of us know about the Ambani family and their eye-watering wealth, not many are aware of the family background of Anant Ambani’s soon-to-be wife Radhika Merchant and her billionaire father Viren Merchant, who has Rs 750 crore net worth.

Meet Radhika Merchant’s Billionire Father Viren Merchant

Anant Ambani’s soon to be wife Radhika Merchant is the daughter of Indian billionaire, Viren Merchant. The 58-year-old business tycoon is the CEO of Encore Healthcare Private Limited. 

Besides being the CEO of Encore Healthcare, Viren Merchant is also the director of many big companies in India, including Encore Business Centre Private Limited, Encore Natural Polymers Private Limited, ZYG Pharma Private Limited, Sai Darshan Business Centres Private Limited, and Encore Polyfrac Products Private Limited. However, despite having such mammoth wealth, the business tycoon is not often in the headlines because he prefers to keep his personal and professional lives under the wraps.

Radhika & Viren Merchant’s Net Worth

Talking about Radhika Merchant’s father Viren Merchant’s net worth, it is reportedly around Rs 750 crores. Viren Merchant’s wife and Radhika Merchant’s mother Shaila Merchant is also a successful entrepreneur. She is believed to be not a big fan of fancy parties and media attention, and often stays away from the limelight. Viren and Shaila had together founded global pharmaceutical manufacturer Encore Healthcare in 2002.

Also, Radhika Merchant’s net worth currently is estimated to be around Rs 10 crore. She will soon become the daughter-in-law of India’s richest man and Reliance Chairman Mukesh Ambani.

Radhika Merchant’s Career & Educational Background

Talking about Radhika Merchant’s educational background, after receiving an international baccalaureate degree from B.D. Somani International School in Mumbai, Merchant graduated from New York University in 2017 with a Bachelor’s Degree in Political Science.

During her time at NYU, Merchant interned at various businesses, including as a business strategy consultant intern at Cedar Consultants in Mumbai, before working at luxury real estate company Isprava.

Radhika Merchant serves on Encore Healthcare’s board of directors, alongside her sister, Anjali, who works as director—with her father at the helm as CEO and vice-chair and her mother as managing director. Radhika Merchant is reportedly also a trained classical dancer and spent eight years learning Bharatanatyam at Shree Nibha Arts dance academy in Mumbai, completing formal training in 2022.

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About The Author

Erin Burnett

Erin Burnett

Erin Burnett is currently the anchor of Erin Burnett OutFront on CNN. She previously worked for CNBC as co-anchor of Squawk on the Street and the host of Street Signs.

See author's posts

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