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Ambani's Antilia most expensive billionaire home

Last updated on: July 25, 2014 16:25 IST

Image: Mukesh Ambani's skyscraper residence Antilia.
Photographs: Jhariani/Wikimedia Commons

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.

Ambani's Antilia most expensive billionaire home

Image: A view of Mukesh Ambani's house (C) Antilia.
Photographs: Danish Siddiqui/Reuters

Antilia

Rank: 1

Location: Mumbai

Country: India

Owner: Mukesh Ambani

Owner’s net worth: $23.9 billion

Value: Upward of $1 billion

Ambani's Antilia most expensive billionaire home

Image: Villa Leopolda.
Photographs: Miniwark/Wikimedia Commons

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

Ambani's Antilia most expensive billionaire home

Image: Fair Field.
Photographs: Cfijames/Wikimedia Commons

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

Ambani's Antilia most expensive billionaire home

Image: One Hyde Park.
Photographs: Gareth Jones/Wikimedia Commons

One Hyde Park

Rank: 4

Location: London

Country: UK

Owner: Unknown

Owner’s net worth: Unknown

Sale Price: $237 million in May 2014

Ambani's Antilia most expensive billionaire home

Image: Lakshmi Mittal.
Photographs: Olivia Harris/Reuters

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

Ambani's Antilia most expensive billionaire home

Image: One Hyde Park.
Photographs: Courtesy, One Hyde Park

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

Ambani's Antilia most expensive billionaire home

Image: Larry Ellison.

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

Ambani's Antilia most expensive billionaire home

Image: Roman Abramovich.

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

Ambani's Antilia most expensive billionaire home

Image: Palm Beach County.
Photographs: Courtesy, Palm Beach County

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

Ambani's Antilia most expensive billionaire home

Image: Xanadu 2.0.
Photographs: Jeffwilcox/Wikimedia Commons

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

Ambani's Antilia most expensive billionaire home

Image: Copper Beech Farm.
Photographs: Courtesy David Ogilvy & Associates Realtors

Copper Beech Farm

Rank: 11

Location: Greenwich, Conn.

Country: UK

Owner: Unknown

Owner’s net worth: Unknown

Sale Price: $120 million in April 2014

Ambani's Antilia most expensive billionaire home

Image: Masayoshi Son.

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

Ambani's Antilia most expensive billionaire home

Image: Ron Baron.

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

Ambani's Antilia most expensive billionaire home

Image: Fleur de Lys.
Photographs: Courtesy, Google Maps

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

Ambani's Antilia most expensive billionaire home

Image: Silicon Valley Mansion.
Photographs: Courtesy, Google Maps

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

Ambani's Antilia most expensive billionaire home

Image: Dmitry Rybolovlev.

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

Ambani's Antilia most expensive billionaire home

Image: tanley Kroenke.

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

Ambani's Antilia most expensive billionaire home

Image: Oprah Winfrey.

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

Ambani's Antilia most expensive billionaire home

Image: A general view of Kensington Gardens in central London.
Photographs: Suzanne Plunkett/Reuters

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)

Ambani's Antilia most expensive billionaire home

Image: One57.
Photographs: Courtesy, One57

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

Ambani's Antilia most expensive billionaire home

Image: 15 Central Park West Penthouse.
Photographs: Thomas Craven/Wikimedia Commons

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