Anant Ambani with his wife Radhika Merchant at one of their wedding events in 2024. AFP
Anant Ambani with his wife Radhika Merchant at one of their wedding events in 2024. AFP
Anant Ambani with his wife Radhika Merchant at one of their wedding events in 2024. AFP
Anant Ambani with his wife Radhika Merchant at one of their wedding events in 2024. AFP

Zoo run by Indian billionaire's son Anant Ambani cleared of wrongdoing


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An investigation ordered by India's Supreme Court has dismissed allegations of wildlife violations at a sprawling private animal facility run by the son of Asia's richest man.

Vantara, which describes itself as the “world's biggest wild animal rescue centre”, is run by Anant Ambani, son of Mukesh Ambani, the billionaire head of the multinational conglomerate Reliance Industries.

The site in the western state of Gujarat is home to more than 200 elephants, as well as 50 bears, 160 tigers, 200 lions, 250 leopards and 900 crocodiles, among other animals, India's Central Zoo Authority said.

The court last month ordered a panel led by retired judges to investigate alleged unlawful acquisition of animals as well as other violations of wildlife regulations and money laundering.

Wildlife activists have criticised the site, saying it is housing endangered species on baking flatlands next to a giant oil refinery without any plan to return them to the wild.

Some of the elephants at the Vantara reserve, a private zoo owned by Anant Amabani in Jamnagar, Gujarat. Photo: Vantara
Some of the elephants at the Vantara reserve, a private zoo owned by Anant Amabani in Jamnagar, Gujarat. Photo: Vantara

The court said it issued the order after petitions based on media reports and complaints by wildlife organisations.

However, the probe panel report revealed that it had found the “allegations rest wholly on conjecture and surmises on secondary reporting, and activist commentary”.

“The complaints are, therefore, devoid of merit,” according to the report.

In March, the German newspaper Suddeutsche Zeitung reported that Vantara imported about 39,000 animals in 2024, including from the Democratic Republic of the Congo and Venezuela.

Dozens of the facility's elephants were transported there in specially adapted lorries thousands of kilometres from across India, according to the zoo.

The probe report said “each of the imports has undergone multilayered and multi-jurisdictional verification”.

Anant Ambani, left, with his father Mukesh Ambani and mother Nita Ambani at his wedding in 2024. Reuters
Anant Ambani, left, with his father Mukesh Ambani and mother Nita Ambani at his wedding in 2024. Reuters

The court said it had “no hesitation in accepting the conclusion so drawn in the report”.

“We are more than satisfied that the facilities at Vantara in certain respects exceeds the prescribed standards,” the court said in its order.

Vantara said it welcomed the committee's findings. “The validation of the truth … is not just a relief for everyone at Vantara but also a blessing, because it allows our work to speak for itself,” it said in a statement.

The specs

Engine: 2.0-litre 4cyl turbo

Power: 261hp at 5,500rpm

Torque: 405Nm at 1,750-3,500rpm

Transmission: 9-speed auto

Fuel consumption: 6.9L/100km

On sale: Now

Price: From Dh117,059

Cricket World Cup League 2

UAE squad

Rahul Chopra (captain), Aayan Afzal Khan, Ali Naseer, Aryansh Sharma, Basil Hameed, Dhruv Parashar, Junaid Siddique, Muhammad Farooq, Muhammad Jawadullah, Muhammad Waseem, Omid Rahman, Rahul Bhatia, Tanish Suri, Vishnu Sukumaran, Vriitya Aravind

Fixtures

Friday, November 1 – Oman v UAE
Sunday, November 3 – UAE v Netherlands
Thursday, November 7 – UAE v Oman
Saturday, November 9 – Netherlands v UAE

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

SPEC%20SHEET%3A%20NOTHING%20PHONE%20(2)
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GOLF’S RAHMBO

- 5 wins in 22 months as pro
- Three wins in past 10 starts
- 45 pro starts worldwide: 5 wins, 17 top 5s
- Ranked 551th in world on debut, now No 4 (was No 2 earlier this year)
- 5th player in last 30 years to win 3 European Tour and 2 PGA Tour titles before age 24 (Woods, Garcia, McIlroy, Spieth)

ICC T20 Team of 2021

Jos Buttler, Mohammad Rizwan, Babar Azam, Aiden Markram, Mitchell Marsh, David Miller, Tabraiz Shamsi, Josh Hazlewood, Wanindu Hasaranga, Mustafizur Rahman, Shaheen Afridi

SPAIN SQUAD

Goalkeepers Simon (Athletic Bilbao), De Gea (Manchester United), Sanchez (Brighton)

Defenders Gaya (Valencia), Alba (Barcelona), P Torres (Villarreal), Laporte (Manchester City), Garcia (Manchester City), D Llorente (Leeds), Azpilicueta (Chelsea)

Midfielders Busquets (Barcelona), Rodri (Manchester City), Pedri (Barcelona), Thiago (Liverpool), Koke (Atletico Madrid), Ruiz (Napoli), M Llorente (Atletico Madrid)

Forwards: Olmo (RB Leipzig), Oyarzabal (Real Sociedad), Morata (Juventus), Moreno (Villarreal), F Torres (Manchester City), Traore (Wolves), Sarabia (PSG)

Armies of Sand

By Kenneth Pollack (Oxford University Press)
 

The Matrix Resurrections

Director: Lana Wachowski

Stars:  Keanu Reeves, Carrie-Anne Moss, Jessica Henwick 

Rating:****

AIDA%20RETURNS
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EXPATS
%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%20Lulu%20Wang%26nbsp%3B%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStars%3A%3C%2Fstrong%3E%20Nicole%20Kidman%2C%20Sarayu%20Blue%2C%20Ji-young%20Yoo%2C%20Brian%20Tee%2C%20Jack%20Huston%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%204%2F5%3C%2Fp%3E%0A
The President's Cake

Director: Hasan Hadi

Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem 

Rating: 4/5

Updated: September 16, 2025, 6:35 AM