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India's Richest Man Moves Into Billion-Dollar Home

Filed under: Estates

Mukesh Ambani, India's richest man and the man who is predicted to be the world's richest man by 2014, has finally moved his family into the $1 billion Mumbai skyscraper he has been building as a private residence. The home, which is named Antilla after a legendary island once believed to lie in the Atlantic Ocean, has 27 stories. Our sibling blog Housing Watch reports that the 53-year-old tycoon's new home is larger than the Palace of Versailles. It has underground parking for 160 cars, three helicopter pads and a theater that seats 50. The first few floors are given over to garage space and housing for staff takes up much of the middle section. The home also has a ballroom, several lounges, a health club, a dance studio and an elevated garden.

The home has a total of 400,000 square feet of space, room enough for Ambani, his wife Nita, their three children, his mother and plenty of household help. Business Insider has renderings from Hirsch Bedner Associates which show a home that looks more like one of the luxury hotels the firm has designed.

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