Mukesh Ambani is India’s maharaja of money. The 53-year old businessman boasts a $29-billion net worth from petroleum and petrochemical powerhouse Reliance Industries, which has actually only managed him a pitiful fourth position on Forbes’ Top Ten Billionaires of 2010 list. Beating him is the world’s current richest man, Mexico’s Carlo Slim Helu ($53.5 billion), then Bill Gates ($53 billion) and Warren Buffett ($47billion). But Ambani has something the others don’t have. He has the most expensive house in history! This is not a massive problem for the others given the house is a rather unattractive monstrosity that towers above Mumbai and offers uninterrupted views of the Arabian Sea and the slums. But, what it lacks in looks it makes up for in lustre. The 37 000 square metre (roughly three football fields) abode spreads up over 27 floors and is home to just six people: Ambani, Mrs Ambani, three bambino Ambanis and the motherin-law. It offers unique features like an ice room complete with snowflakes to combat the heat, three balconies with rolling lawns and fully-grown trees and a basement car park with 168 bays. And if you’d prefer to fly then you can land on any of the three helipads on the roof. Although the house has been criticized for its excess, there are more like it popping up because India now boasts 69 billionaires— triple that of 2008. Its economy has been defying global trends with an 8% growth due to a large domestic market, rapid growth in industry and low labour costs. Recently a new record was set when 148 Mercedes-Benzes were delivered to a smaller city near Mumbai, all on a single day. Jai ho (victory) indeed!
Monday, 13 December 2010
Jai Home
Everything!
Ivana Trump said it best: Don’t get mad, get everything! And wronged spouses everywhere have been doing just that— can you say Elin Woods? But Elin isn’t the only ex-partner to depart with half the cash cow. The most costly divorces in history include that of Michael Jordan and Neil Diamond. Both men were forced to pay their wives $150 million dollars when they split. Michael’s wife Juanita earned her money as she assisted in his endorsement deals and to some extent so did Marcia Diamond, who stayed married to the Love On the Rocks singer for 17 years. Harrison Ford’s first wife Melissa Mathison got away with a whopping $85 million in their divorce settlement, while Cindy Silva, Kevin Costner’s wife of 16 years, received an estimated $80 million. Luckily Paul McCartney knew that love isn’t all you need. He got himself a decent attorney when divorcing Heather Mills and got away with paying just $60 million— not bad considering his fortune is worth $700 million! And while every celebrity knows the importance of a pre-nuptial agreement, some are a little sketchy on the legalities. Steven Spielberg was shocked to discover that a napkin is not a legally binding document when he was forced to pay Amy Irving $100 million after she signed their pre-nuptial on a piece of cloth. And if you’re really in a pickle, take a leaf out of Mick Jagger’s book and go with denial. Faced with a messy divorce with Jerry Hall, Mick challenged the legality of their 1990 marriage. The marriage was miraculously annulled and Mick only ended up forking out $15 million of that mega Rolling Stones fortune. Lesson? Steer clear of that bouquet at weddings!