India's richest man moves into palace bigger than Versailles...

The richest man in India and the fourth richest in the world, Mukesh Ambani, has built world’s first billion-dollar home in Mumbai, India.

Ambani is having a few friends round to celebrate moving into his new Mumbai pad. But as the home has 27 storeys, soars to 173 metres and is worth an estimated 630m pounds, it will be a housewarming like no other.

The building - named Antilia, after a mythical island - will be home to Ambani, his wife and their three children. It contains a health club with a gym and dance studio, at least one swimming pool, a ballroom, guestrooms, a variety of lounges and a 50-seater cinema, reports the Guardian. More...

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