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Ambani's Antilia most expensive billionaire home
Reliance Industries Chairman Mukesh Ambani's skyscraper residence in Mumbai is the most expensive billionaire home in the world, according to a Forbes list which also includes Indian-origin steel tycoon Lakshmi Mittal's houses in London.
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 reported between a range of $1 billion to $2 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 $2 billion.
Mittal's houses in London's KensingtonPalaceGardens 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.
Let’s take a look at the most expensive billionaire’s homes.
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Ambani's Antilia most expensive billionaire home
Antilia
Rank: 1
Location: Mumbai
Country: India
Owner: Mukesh Ambani
Owner’s net worth: $23.9 billion
Value: Upward of $1 billion
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Ambani's Antilia most expensive billionaire home
Villa Leopolda
Rank: 2
Location: Villefranche-sur-mer
Country: France
Owner: Lily Safra
Owner’s net worth: $1.3 billion
Purchase Price: 500 million euro ($750 million at the time) in 2008
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Ambani's Antilia most expensive billionaire home
Fair Field
Rank: 3
Location: Sagaponack, N.Y.
Country: US
Owner: Ira Rennert
Owner’s net worth: $6 billion
Property value: About $248.5 million, according to 2014 tentative tax assessment
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Ambani's Antilia most expensive billionaire home
One Hyde Park
Rank: 4
Location: London
Country: UK
Owner: Unknown
Owner’s net worth: Unknown
Sale Price: $237 million in May 2014
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Ambani's Antilia most expensive billionaire home
Kensington Palace Gardens
Rank: 5
Location: London
Country: U.K.
Owner: Lakshmi Mittal
Owner’s net worth: $16.6 billion
Purchase Price: 117 million pound ($222 million at the time) in 2008
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Ambani's Antilia most expensive billionaire home
One Hyde Park
Rank: 6
Location: London
Country: U.K.
Owner: Rinat Ahkmetov
Owner’s net worth: $11.8 billion
Sale Price: $221 million in 2011
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Ambani's Antilia most expensive billionaire home
Ellison Estate
Rank: 7
Location: Woodside, Calif.
Country: US
Owner: Larry Ellison
Owner’s net worth: $51.4 billion
Value: estimated $200 million to construct
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Ambani's Antilia most expensive billionaire home
Kensington Palace Gardens
Rank: 8
Location: London
Country: UK
Owner: Roman Abramovich
Owner’s net worth: $9.4 billion
Purchase Price: 90 million pounds (about $140 million) in 2011
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Ambani's Antilia most expensive billionaire home
Blossom Estate
Rank: 9
Location: Palm Beach, Fla.
Country: US
Owner: Ken Griffin
Owner’s net worth: $5.2 billion
Total Purchase Price: Nearly $130 million in December 2012
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Ambani's Antilia most expensive billionaire home
Xanadu 2.0
Rank: 10
Location: Seattle, Wash.
Country: US
Owner: Bill Gates
Owner’s net worth: $77.5 billion
Market Value: $120.5 million, 2014 tax assessment
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Ambani's Antilia most expensive billionaire home
Copper Beech Farm
Rank: 11
Location: Greenwich, Conn.
Country: UK
Owner: Unknown
Owner’s net worth: Unknown
Sale Price: $120 million in April 2014
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Ambani's Antilia most expensive billionaire home
Mountain Home Road
Rank: 12
Location: Woodside, Calif.
Country: US
Owner: Masayoshi Son
Owner’s net worth: $17.3 billion
Purchase Price: $117.5 million in 2012
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Ambani's Antilia most expensive billionaire home
Further Lane de Menil
Rank: 13
Location: East Hampton, NY
Country: US
Owner: Ron Baron
Owner’s net worth: $1.9 billion
Purchase Price: $103 million in 2007
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Ambani's Antilia most expensive billionaire home
Fleur de Lys
Rank: 14
Location: Holmby Hills, Calif.
Country: US
Owner: Unknown
Owner’s net worth: Unknown
Purchase Price: $102 million in March 2014
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Ambani's Antilia most expensive billionaire home
Silicon Valley Mansion
Rank: 15
Location: Los Altos Hills, Calif.
Country: US
Owner: Yuri Milner
Owner’s net worth: $1.7 billion
Purchase Price: $100 million in 2011
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Ambani's Antilia most expensive billionaire home
Maison de L'Amitie
Rank: 16
Location: Palm Beach, Fla.
Country: US
Owner: Dmitry Rybolovlev
Owner’s net worth: $8.8 billion
Purchase Price: $95 million in 2008
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Ambani's Antilia most expensive billionaire home
Broken O Ranch
Rank: 16 (tie)
Location: Augusta, Mont.
Country: US
Owner: Stanley Kroenke
Owner’s net worth: $5.6 billion
List Price: $132.5 million
Purchase Price: Uncomfirmed; Estimated between $90 million and $132.5 million
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Ambani's Antilia most expensive billionaire home
Promised Land
Rank: 17
Location: Montecito, Calif.
Country: US
Owner: Oprah Winfrey
Owner’s net worth: $2.9 billion
Market Value: $90.3 million, according to 2014 tax assessment
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Ambani's Antilia most expensive billionaire home
Kensington Palace Gardens
Rank: 18
Location: London
Country: UK
Owner: Lakshmi Mittal (2nd property)
Owner’s net worth: $16.6 billion
Purchse Price: £57 million in 2004 (nearly $90 million)
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Ambani's Antilia most expensive billionaire home
One57
Rank: 19
Location: New York, NY
Country: US
Owners: Bill Ackman (led investors to purchase one penthouse; the other buyer remains unknown)
Owner’s net worth: $1.5 billion
Purchas Price: more than $90 million apiece in 2012
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Ambani's Antilia most expensive billionaire home
15 Central Park West Penthouse
Rank: 20
Location: New York, NY
Country: US
Owner: Ekaterina Rybolovleva, daughter of Russian billionaire Dmitriy Rybolovlev
Owner’s net worth: $8.8 billion
Sale Price: $88 million in February 2012