Steve's Blog

A Wordpress Blog about All Good Things

Why The Vanisha Mittal Bhatia Divorce Is Stunning

with 4 comments

Vanisha MittalWhy The Vanisha Mittal Bhatia Divorce Is Stunning

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.

Advertisements

Written by Steve

June 25, 2013 at 4:07 pm

4 Responses

Subscribe to comments with RSS.

  1. […] Why The Vanisha Mittal Bhatia Divorce Is Stunning […]

  2. I did some business with Amit Bhatia in 2011 and despite the PR he has because of his relationship to the Mittal Family the guy is a total lightweight. He has no clue about business and surrounds himself with a bunch of yes men who cant make a decison about anything.

    Now that he might find himself in the real world without the support of the Mittal conection he will not find it easy.

    Rajit Dass

    May 8, 2014 at 2:39 pm

  3. Thanks for a wonder fulinsight as to why divorce was not right. I imagined the reasoon that would come out would be petty issues. But you brought out a rather fantastic reason – amount of money spent in wedding.I am sure you have written for the financial wizards as you have used the term investment for money spent in marriage.I would also be interested , if you could figure out ..what was the expected ROI of thsi investment.
    and in case Mittal had made any provisions for bad debt or disposal schemes for the asset that he aquired by this invesment.

    A

    May 17, 2014 at 7:21 pm

  4. […] 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. […]


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: