World's first US$1b home
Oct 15, 2010
Mukesh Ambani retained his title as the richest Indian for a third year in 2010 with a worth of 27 billion dollars.
PHOTO: AFP
NEW DELHI - INDIA'S richest and world's fourth richest man, industrialist Mukesh Ambani, has built what is claimed as the world's first billion-dollar home - a 27-storey luxury residence in Mumbai, said media reports.
The chairman of Reliance Industries, whom Forbes magazine forecast to be the world's richest person by 2014, is all set to move into his mansion, named Antilia, after a mythical island, by the end of this month, local media reported on Thursday.
Constructed in Mumbai's downtown Altamount Road, the palatial building took seven years to complete. It has three helipads on the top floor, a swimming pool, a health club, a ballroom, a salon and a mini- theatre.
The first six levels of the glass tower, which stands about 174 metres, has a garage where more than 160 cars can be parked and has nine elevators, the reports said.
On the top floors of the house, with a sweeping view of the city and out over the Arabian Sea, are quarters for the 53-year- old tycoon and his family of four.
Towering above the Mumbai skyline, the 37,000sq ft tower is more than the Palace of Versailles in France. To keep things running smoothly, there is a staff of 600.
straitstimes.com