Time Magazine has reported that the most expensive home in the world has been completed. The owner, Mukesh Ambani is the fourth richest man in the world according to Forbes. Mr. Ambani is Chairman of Reliance Industries which controls a large portion of oil and gas products in Asia. His new residence, Antilia, named after the mythical island in the Atlantic is a twenty-seven floor building with approximately 400,000 square feet. The tower has been designed by Chicago-based architects Perkins & Will and constructed by Leighton Holdings.
The Antilia Building draws inspiration from the Hanging Gardens of Babylon and includes amenities such as swimming pools, spa, ballrooms, theatre, garage for 150 cars, and 3 helipads among other luxuries. There will be a 600 full-time staff members to maintain the building. The residence will only be occupied by Mr. Ambani, his wife and three children.
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