Industrialist Anil Ambani on Friday claimed that he was a “simple man of simple tastes”, who lived a modest life bereft of any kind of fla...
Industrialist Anil Ambani on Friday claimed that he was a “simple man of simple tastes”, who lived a modest life bereft of any kind of flamboyance, The Times of India reported. The industrialist told a court in the United Kingdom that he owned “nothing meaningful” and that the exaggerated perceptions about his lavish lifestyle are speculative media stories.
Ambani, who was appearing before the court in relation to a lawsuit filed by the three Chinese banks over an alleged breach of a personal guarantee on a debt refinancing loan, said he had sold all his jewelleries to pay his legal fees.
He said he had received Rs 9.9 crore for all the jewellery between January and June 2020, and now owns nothing meaningful. When asked about his legion of luxury cars, the industrialist said: “These are speculative media stories. I have never owned a Rolls-Royce. At present, I use one car.” On his private helicopter, Ambani claimed he does not pay for it unless he personally uses it.
“My expenses are minimal and being borne by wife and family,” Ambani added. “I don’t have a lavish lifestyle and no other income. I met legal expense by sale of jewellery and, if I have to meet further expenses, [it] will...
