Vanisha Mittal is the daughter of the fifth richest man on the planet, Lakshmi N. Mittal. In 2007, proud father Mittal sent out 20-page invites in a silver box for Vanisha’s wedding to financier Amit Bhatia. The groom too, was nothing to sneeze at with a personal fortune running into millions. At the time, the shindig was considered the most expensive wedding in the world with a current price tag of $78 million. Guests came from all over the world to enjoy the luxurious food, glamorous location, and extravagance. The wedding was spread out over almost a week and it was beautiful.
Unfortunately, it’s hardly been ten years and the marriage seems to be on the rocks. With three children in the marriage, Vanisha seems to be tired of the long hours being put in by her financier husband. In 2014, Vanisha filed for divorce. According to sources in London, Mittal has clamped down on all publicity surrounding the divorce proceedings and very little has managed to percolate down to the masses. In London’s social circles, the Vanisha Mittal Bhatia divorce is the current buzz but even locals seem to know very little about what precipitated the divorce. Nothing is even known about whether the divorce is in process or whether it has concluded. Friends in the know state that custody and care of the children could also be one of the reasons why the divorce is so hush-hush and lengthy.
Another factor to be considered is the personal income of each of the divorcing parties. Considering the personal income of each group in the divorce its simple to say that the financial proceedings alone could several years to complete. This is because Vanisha Mittal has been ranked as the number one billionaire heiress in the world. Amit too, is nowhere near the poverty line with a personal fortune ranging in the high millions. With a marriage that cost 55 million euros ($60 million at the time), it’s only simple to say that this could be the most expensive and furiously fought divorces in the world.
The Chairman of the biggest steel maker in the world, Lakshmi Mittal, took a pay cut last year due to declining profit in his company, Arcelor Mittal. One of the richest men in Indian, Mittal is known for his famous daughter in addition to being the CEO or ArcelorMittal. He and his wife, Usha, own almost 40% of the stock in the company.
He had his salary and perks decline 38% year over year. In 2013 he made $2.29 million, not a bad amount but a significant cut from the $3.71 million he earned the year before.
All other board members of the company had their pay increase during the year, even though the company posted a loss of $2.5 billion for the year. This was quite a disappointing report from the steel giant and the second consecutive year of loses. Mittal is the highest paid member of the board and the only one that also holds an executive position in the operation. His daughter Vanisha Mittal Bhatia, whose marriage has been rumored to be on the rocks, got a pay increase for her time on the board.
The Vanisha Mittal Divorce
The Vanisha Mittal divorce shocked the world for a number of reasons. Recently there has been a media frenzy over the couple’s parting and both families have been put in the public spotlight. Here we’ll discuss why the divorce is worth so much attention.
In 2004, Vanisha Mittal and Amit Bhatia were happily married. At the time, Vanisha’s father was estimate to be worth 50 billion dollars. He spared no expense on his daughter’s union, spending about $78 million on the wedding alone. The wedding was held in Paris and lasted for several days. It was an extremely extravagant affair, and rated one of the most costly weddings of all time. It was also rated one of the largest parties that Paris had ever seen.
When someone throws a $78 million dollar investment into a simple wedding, you’d expect that the couple would at least never separate. However, Vanisha and Mittal are divorcing, which sees all that money going down the drain. As much as he loves his daughter, he certainly cannot be happy seeing so much money disappear for no reason. Even for someone who is worth billions of dollars, $78 million is still a very large sum.
To make matters worse, the wedding was a very public spectacle that was broadcasted in not only India, but also Europe and the rest of the world. When news of the divorce hit, it became a public embarrassment for the family. Amit is actually working for Vanisha’s father as an investment banker, so the divorce will likely make his workplace quite awkward in the coming months.
The Vanisha Mittal Bhatia divorce comes as a shock for a number of reasons, starting with the sheer amount of money spent on the ceremony. When Amit Bhatia and Vanisha Mittal married in 2004, Vanisha’s father – who was worth around $50 billion at the time – spent about $78 million on the wedding. It was an incredibly extravagant affair, held in Paris, that went on for days. It was labeled as one of the most expensive weddings of all time, as well as one of the largest parties that the city had ever seen.
After that, it seemed that the couple could never get divorced just because of the investment that Vanisha’s father had made. He does not get any of that money back just because of the Vanisha Mittal Bhatia divorce. He cannot be happy about having thrown away such a sum, only to see the union not stand the test of time. Even for someone who is worth so much, 78 million USD is a lot of money. On top of that, the wedding became a public affair, making the whole thing a rather embarrassing spectacle.
Furtherer, Amit works as an investment banker for Vanisha’s father. He has been very successful in his own right, winning awards and being recognized as one of the best in the business. Still, you have to think that the Vanisha Mittal Bhatia divorce will make things very awkward between him and his employer in the future, really straining that working relationship.
Although Taylor Swift was not home at the time, the 24 year old man who climbed the fence of her Nashville home on December 14 undoubtedly hoped she was, and apparently told police that he wanted to celebrate the singer’s birthday with her.
The date was the singer’s 23rd birthday, and she was not at home as she was celebrating in London, with her boyfriend Harry Styles.
The intruder was apprehended at 145am and charged with trespassing; he has been named as Jacob Kulke.
Kulke told police that he was actually the boyfriend of the famous singer, although he was detained by Taylor’s security staff until the police arrived at the house.
Kulke also supposedly traveled by bus from his Wisconsin home to Nashville, in the hopes of catching Taylor at home. He also tells authorities that he was communicating with those in the Nashville home, by using social media.
Kulke now faces a $10,000 bond and is currently in jail.
TMZ learned that the home invader has previous convictions for drug possession, disorderly behavior and battery and was undergoing a 13 month probation period.
Taylor Swift is not the only celebrity to be stalked by a home invader; a supposed friend of Miley Cyrus climbed over her fence in September, armed with scissors. Jason Luis Rivera told police that he was the singer’s husband and had known her for five years. Apparently, this did not go down too well, as Rivera was given 18 months in prison, in October.
Actor David Arquette released the beast of a new body on Nov 5th with a Tweet giving thanks to his celebrity personal trainer, Jon Paul Crimi. Alongside was a photo of a loincloth-wearing Arquette on the set of his new independent film, Orion, all wrapped in rusty chains.
“Thanks for helping me get in shape for my film, Orion,” Tweeeted the 41-year-old Arquette in front of a cluttered, otherworldly scene from the movie.
Crimi wasted little time in replying: “You’re welcome buddy! We had a blast.”
A little later, Crimi added, “Also, it’s weird seeing you with so much on!”
To which Arquette shot back, “It kind of is.”
The movie follows a Mad Max-style path, with Arquette in occasional bondage gear as a hunter trying to find his brother in a post-apocalyptic netherworld — a role that was filled by some of the more hardscrabble streets of Detroit, Michigan.
One of Arquette’s Twitter followers, Markimus BenShalamar, was quick to describe the background behind Arquette in the photo as “a futuristic Sanford and Son.”
Lily Cole, of Snow White and the Hunstman fame, also appears in the flick, which is said to explore the idea of a world with no real infrastructure like electricity, sewer treatment or regular water supply. For his 2009 debut, Redland, Director Asiel Norton won a Jury Prize at the Raindance Film Festival for best debut feature and was nominated for an Independent Spirit Award and a Grand Prix des Ameriques award at the Montreal World Film Festival.
It’s unclear why Arquette was all dolled up in bondage gear and equipment for the photo, though. It couldn’t have felt too weird, what with forays into the realm of World Wrestling Entertainment in 2000, 2002 and as recently as 2010. He actually was WCW World Champion for a few months in 2000, though some “purists” of the “sport” put the blame partially on him for why WCW’s Nitro was a failure.
Wisely, Arquette has worked primarily as a real actor, not a fake wrestler. Perhaps best known for his role as Dewey Riley in the Scream horror franchise, Arquette met his wife Courtney Cox during the making of the first installment in 1996. This past summer, after a two-year separation, Arquette finally filed for divorce.
Since Whitney Houston’s death, Dolly Parton has seen an increase in her songwriting royalties for penning the track, “I Will Always Love You“.
Parton originally wrote the song in the 1970s and Houston’s remade it in 1992 where it topped the charts. The song again reached the top of the charts after Houston passed away in February because the fans again purchased the popular song.
Parton shared that she was distraught when she learned of Whitney Houston’s death. She has since revealed that she has received a substantial payout from this smash hit.
In an interview with Britain’s Daily Star Sunday, Parton said that her earnings increased tremendously since Whitney Houston’s death because there have been several Best Of albums including the song; and she shared that different artists have been recording the song.
Parton continued to say that the sales really increased since her death and she was grateful to God as well as to Whitney for giving such a powerful rendition of the song. She also added that the song pays for her hair, wigs and make-up.
Dolly Parton is worth approximately $400 million but she admits that she still needs to work to take care of her big family, because no one could ever actually make the kind of money that she spends.