What Recession? World's Most Expensive House Built

Frédéric Soltan/ Corbis

 

It's set to be quite a housewarming.

 

India's richest man, and Forbes's fourth richest man, Mukesh Ambani, has built the world's most expensive house in Mumbai. It is estimated to be worth $1 billion.

 

The lavish building– named Antilia, after the mythical island– has 27 stories, is 173 meters high and has 37,000 square meters of floor space — more than the Palace of Versailles. It contains a health club with a gym and dance studio, at least one swimming pool, a ballroom, guestrooms, a variety of lounges and a 50-seater cinema. There are three helicopter pads on the roof and a car park for 160 vehicles on the ground floors. It's obviously quite a job keeping all this running smoothly, so the house, if you can call it that, also boasts a staff of 600. And all this for just Ambani, his wife and their three children to enjoy. [This is what u call as "Luxury" -_-""]

 

Experts are saying that there is no other private property of comparable size and prominence in the world, reports The Guardian. It has come as a surprise to some that Ambani, known as one of the more quite and down to earth of the world's billionaires, would flash his immense wealth in such a public way, especially after India's prime minister, Manmohan Singh, has called on business leaders to “eschew consumption” and “be role models of moderation.” – It's very cool, but moderate this home is not.

http://newsfeed.time.com/2010/10/14/what-recession-worlds-most-expensive-house-built/#ixzz13QOganKd