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.

Advertisement

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.

Advertisement

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

Tariq Saeed

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Read More

Energy demand in Dubai increased by 6.3% during first half of 2022

Energy demand in Dubai rose by 6.3% year-on-year during the first half of this year, driven by the sustained economic recovery in the UAE, said Dubai Electricity and Water Authority.

Dubai Culture and Arts Authority announces design festivals 2024 – Apply Now!

Dubai Culture and Arts Authority invites the general public around the world to come and participate in Design Festivals 2024.

Egypt’s Minister of Higher Education and USAID director explore enhanced scientific collaboration

Minister of Higher Education is looking for ways to boost scientific cooperation with the American Agency for International Development.

Recent

Sheikh Abdullah conducted talks with Vice-Chancellor of Germany

The Minister of Foreign Affairs and International Co-operation, Sheikh Abdullah bin Zayed, conducted talks with the Vice-Chancellor of Germany and Federal Minister for Economic Affairs and Climate Action, Dr Robert Habeck, on Wednesday, 25 May.

Abu Dhabi Police host comprehensive awareness exhibition at Al-Budai and Al-Ain Malls

Abu Dhabi Police organized an awareness exhibition at “Al-Budai Mall, Al-Ain Mall” with the participation of a number of police agencies.

COVID in UAE: 315 new cases recorded

United Arab Emirates recorded a total of additional 315 cases of the novel coronavirus today, on March 27, 2022 (Sunday), bringing the total number of the COVID-19 confirmed infections since the beginning of the pandemic in the Middle East country to 890,108. 
admin