India's Richest Man Moves Into world's first billion dollar home

India’s Richest Man Moves Into world’s first billion dollar home

The richest man from India, Mukesh Ambani, will soon move into the world’s most expensive home ever built, called Antilla, a 27-floor building valued at $1 billion. The “home” is 173-metre tall and it has just been completed after seven years of construction.

It’s name comes from a mythical island in the Altantic Ocean and this opulent building comes with three helipads, it’s own air traffic control, a six-floor car park, a four-storey hanging garden, a cinema and a staff of 600. The building soars high above Mumbai, giving it’s future residents a panoramic view of the city and the Arabian Sea.

It was built to withstand military grade explosions and an magnitude-8 earthquake, as Indian media reports. The home actually cost only about $77 million to build, but the growing property prices from Mumbai made this 27-floor mansion to be worth 15 times more now, about $1 billion.

Owner Mukesh Ambani is the world’s fourth richest man with a personal wealth of about $29 billion and is set to become the world’s richest in 2014, as Forbes magazine estimated. His family will move in this opulent building after a housewarming party on October 28 which will boost many high profile guests from India.