Billionaire Rupert Murdoch's son James bets $180 million on Indian vegetarian food chain

Billionaires Africa | 13.11.2026 01:34
Billionaire Rupert Murdoch's son James is taking control of Adyar Ananda Bhavan, one of south India's best-known vegetarian restaurant and sweet-shop chains, after the investment firm he runs with Indian media executive Uday Shankar agreed to pay $180 million (about ₹17.1 billion) for a majority stake.