The world's first billion dollar home

[^_^ 5,021]

India’s richest man has built what is said to be the world’s first billion-dollar home. Yes, that’s billion with a "B."

Mukesh Ambani, his wife and three children plan a housewarming party for the 27-story Mumbai pad later this month. In addition to decadent food, attendees can glimpse three helipads, a health club, dance studio, 50-seat movie theater and underground parking lot with enough room for 160 cars, the New York Daily News reports. An American firm oversaw the interior design.

The house didn’t cost $1 billion to build, of course, but construction did cost millions of dollars. Given Mumbai’s astronomical property prices, the finished product is worth many times the construction tab. That’s where the billion-dollar figure comes in.

The home is rumored to have a wait staff of 600, bigger than the staff of many small companies.

The house might be oversized, but it isn’t sprawling: It soars more than 550 feet, more resembling a condo tower than a luxurious mansion. Children might say it looks like Lego building blocks, the Daily News points out.

Mr. Ambani could have afforded to go even bigger. According to Forbes magazine, Mr. Ambani’s $29-billion fortune makes him the fourth-richest man in the world. He runs Reliance Industries, a textile company that grew into what it says is "India’s largest private sector enterprise."

Not surprisingly, not everyone is a fan of the construction, which seems out of place in a country known for its poverty and slums. One local newspaper columnist labeled the building an "edifice to his ego," while an editor of an Indian design magazine called it "obscenely lavish."

Ouch! But some stick up for the billionaire. "He can’t just walk into a cinema and watch a film like you or me," the Guardian quotes an associate as saying. "So he has built a house to his requirements like anyone else would. It’s a question of convenience and requirements. It’s only a family home, just a big one. It’s just another home that someone is living in. It’s no big event."

No big event at all.

http://blogs.wsj.com/developments/2010/10/14/billion-dollar-home-readies-for-housewarming/

[Dr. A ♥ O 203]

It's amazing!

[Brother Hesekiel 2,236]

Proof in case why the rich should be taxed more, and the obscenely rich should be taxed a lot more. They won't do anything on their own to help their fellow people. How many Indians are going to bed hungry, or don't have a bed, to start with? Yet here is a man who is so filthy rich, that he can't p*ss it away anymore, so he builds this monstrosity with one mirror in every room where he can admire himself.

My proposal, worldwide:

Tax rate on incomes from $500,000 to $1,000,000 . . . 50%;

Tax rate on incomes from $1,000,000 to $2,000,000 . . .90%;

Tax rate on incomes from $2,000,00 and up . . . . . . . . . . 99%.

That's still more than enough money to live like a King (or Queen) and would encourage investing instead of hording.

[^_^ 5,021]

My proposal, worldwide ...

Oh geez. The tea party clowns wanna disband the IRS and you want to create a tax agency with worldwide jurisdiction. I suggest an MTV style DeathMatch (anyone remember those?) to decide this one.

[The_Dude 1,142]

Oh geez. The tea party clowns wanna disband the IRS and you want to create a tax agency with worldwide jurisdiction. I suggest an MTV style DeathMatch (anyone remember those?) to decide this one.

So you suggest pitting the clincally insane versus the politcally retarded?

[^_^ 5,021]

So you suggest pitting the clincally insane versus the politcally retarded?

That sounds awesome when you put it that way.

[The_Dude 1,142]

That sounds awesome when you put it that way.

BUMFIGHTS 2010

Crazy Anarchists Versus Borderline Retarded Libertarians (Libtards)

(Retarded Libertarian pictured)

[scandal 951]

three helipads,

That's good.

Don't you just hate it when cheapskate rich folks only build 2 helipads, and you can never get a spot to park your chopper when you pop over to visit them.

[spookyturtle 9,466]

This is just an average home in Melbourne.

[Hilarious Clinton 452]

Proof in case why the rich should be taxed more, and the obscenely rich should be taxed a lot more. They won't do anything on their own to help their fellow people. How many Indians are going to bed hungry, or don't have a bed, to start with? Yet here is a man who is so filthy rich, that he can't p*ss it away anymore, so he builds this monstrosity with one mirror in every room where he can admire himself.

My proposal, worldwide:

Tax rate on incomes from $500,000 to $1,000,000 . . . 50%;

Tax rate on incomes from $1,000,000 to $2,000,000 . . .90%;

Tax rate on incomes from $2,000,00 and up . . . . . . . . . . 99%.

That's still more than enough money to live like a King (or Queen) and would encourage investing instead of hording.

Investing implies making a gain. What you are talking about is redistribution of wealth (aka welfare).

[Ban Hammer 14,357]

i thought this thread was gonna be about al gore getting a new home.

[The_Dude 1,142]

i thought this thread was gonna be about al gore getting a new home.

Why? Because you couldn't think of anything more passive aggressive to say?

[Ban Hammer 14,357]

Why? Because you couldn't think of anything more passive aggressive to say?

gotta keep you employed somehow around here.

[Amby 490]

BUMFIGHTS 2010

Crazy Anarchists Versus Borderline Retarded Libertarians (Libtards)

(Retarded Libertarian pictured)

so you know the bumfights guy got his teeth fixed and got a job. he even wrote a book about his bumfights stuff. he's sober now. I saw a thing on tv about him a few weeks ago.

[SuperDuper! 230]

This is just an average home in Melbourne.

Spooks, you state misinformation lies like there is no google to instantly check Your Prevarications