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India’s billionaire Mukesh Ambani breaks world record, buys most expensive villa in Dubai

The wealthiest Indian, and one of the top most prosperous men in the world, Mukesh Ambani, buys the most expensive villa in Dubai for a record-breaking $163 million.

The wealthiest Indian, and one of the top most prosperous men in the world, Mukesh Ambani, buys the most expensive villa in Dubai for a record-breaking $163 million.

Chairman and Managing director of the most famous firm Reliance Industries Ltd, Mukesh Ambani, broke his own record after buying a luxurious villa in Dubai.

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As per the Dubai-based publication’s reports, The chairman of Reliance Industries bought the famous Palm Jumeirah mansion last week from the family of some of his business friends.

Earlier in August, the Indian media named the famous business tycoon Mukesh Ambani as a mystery buyer of an $80 million villa in the city.

The Villa Ambani bought in August was a 10-bedroom beachside mansion which was, at the time, Dubai’s most significant ever residential property deal. The luxury property was reportedly purchased for Anant, who is Mukesh Ambani’s younger heir.

The wealthiest family ‘Ambanis’ owns the 27-storeyed Antilla in south Mumbai, which is the actual base house for the whole Ambani family.

But the manufacturer and Ambani family members have been formulating several prime properties across the globe, which includes the most famous and expensive places to live, including the United States of America and the United Kingdom.

The family is also foraying into the one of the most expensive sectors, ‘the hospitality industry and recently acquired nearly a fifth of the equity in EIH Ltd, which operates the Oberoi chain of hotels.

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Earlier this year, they received a majority stake in the almost $100 million Mandarin Oriental in New York.

Tariq Saeed

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