India’s richest man has moved into world’s biggest private residence -- 27 storey house

Marking the end of seven years of construction work, India's richest man is planning a housewarming party for his 27-story palatial new home in Mumbai, replete with no fewer than three helipads and an air-traffic control station on its roof.

The 570-foot-tall glass tower, called Antilia, "features a swimming pool, a health club, a salon and a mini-theatre," reports the Times of India. "The first six levels comprise the garage where more than 160 cars can be parked. Atop the parking lot is Antilia's lobby, which has nine elevators."  The house also has a garden that can accommodate trees, according to the Telegraph, and a separate ballroom. About 600 staffers will be required to run Antilia, named after the mythical island in the Atlantic.

The house belongs to Mukesh Ambani, who owns much of the oil and retail giant Reliance Industries. He is estimated to be worth about $27 billion. Experts told the Guardian that "there is no other private property of comparable size and prominence in the world." Ambani, the fourth-richest man in the world, co-ran Reliance with his brother before the two had a falling-out and split the company.

MY opinion
"I can see why people would think that this is a waste of money and that the money could've been used to help the poor and all that other crap, but when it comes down to it it is his money and he has the right to do whatever he wants with it. Also, when you are building something like this it is a massive project. The company that build the house for him probably had to hire a bunch of people to complete it. That creates jobs which helps their economy."

"For posterity, I would of built a school, hospital and a community centre. If I must stroke my ego, I'd have my name attached to all these projects. This is how I would of "immortalized" myself in people's hearts."