Real Estate

$1 Billion Home Built in India

India’s richest man, Mukesh Ambani, has built a $1 billion home in Mumbai—a 27-story tower with a health club, dance studio, ballroom, movie theater, three helicopter pads, and underground parking for 160 cars. Its 37,000 square meters make it larger than Versailles, and it requires a staff of 600. India’s prime minister recently called on business leaders to be “role models of moderation.”