Billionaire Plans Skyscraper Home

by Deidre Woollard (RSS feed)
Jun 5th 2007 at 8:04AM

Now this is a story of real estate excess, India's richest man, Mukesh Ambani, is building himself a skyscraper in Mumbai as his personal residence. The building, which is the size of a 60-story tower, will only have 27 floors due to the height of the ceilings. Ambani, who is the richest man in India, has a personal fortune of over $20 billion.The home will house his wife, mother, three children and 600 live-in staff. What to do with all those floors? The first six are garage space, a health club will be on the next two and then staff housing will take up much of the middle section. Ambani and his family will live on the upper floors which will be topped with a helipad and swimming pools. The home reportedly will cost $1 billion to create and construction is already under way. It should be finished next year.

[Thanks, Shaun K]

Tags: india, muksh ambani, mumbai, real estate, skyscraper, tower