India’s Reliance Industries Chairman Mukesh Ambani’s skyscraper residence in Mumbai is the most expensive billionaire home in the world, according to a Forbes list.
Ambani’s 27-story, 400,000-square-foot skyscraper home Antilia named after a mythical island in the Atlantic, tops the Forbes list of the most expensive homes in the world.
“The title of the most outrageously expensive property in the world still belongs to Mukesh Ambani’s Antilia in Mumbai,” Forbes said, adding: “It is the world’s most expensive home far and away with construction costs topping $1 billion.”
The house has six stories of underground parking, three helicopter pads, and reportedly requires a staff of 600 to keep it running.
Putting Antilia’s scale and cost into perspective, Forbes compared it to ‘7 World Trade Center’, a 52-story tower that stands near Ground Zero in Manhattan with 1.7 million square feet of office space that was reportedly built for two billion dollars.
Mittal’s houses in London’s Kensington Palace Gardens occupy the 5th and the 18th spot on the list of the 21 most expensive billionaire homes in the world.
The steel magnate is believed to own three homes on the high-security street known as ‘Billionaires Row’, including a neo-Georgian mansion near the Israeli embassy.
In second place is on the list is ‘Villa Leopolda’, the home of Brazilian philanthropist and social figure Lily Safra in France.
Forbes said the estate is reportedly one of several waterside homes that King Leopold II of Belgium built for his many mistresses.
Set on 20 acres, the massive home was valued at 750 million dollars at the time when Russian billionaire Mikhail Prokhorov tried to buy it in 2008.
The third-most expensive billionaire home and the most expensive in the United States is the home of American investor and businessman Ira Rennert in Sagaponack, New York.
Its value is pegged at about $ 248.5 million in its 2014 tentative tax assessment.
Source: Dhaka Tribune
