Mukesh Ambani Bought Another Beach-Side Mansion In Dubai's Palm Jumeirah Worth Rs. 1,350 Crores

As per the latest reports, Mukesh Ambani bought another beachside mansion in Palm Jumeirah for Rs. 1,350 crores.

By Monisha G Kumar Last Updated: Oct 20, 2022 | 15:42:11 IST

Billionaire Mukesh Ambani is one of the richest Asians. The business tycoon recently outlined the succession plan of his 220 billion dollars conglomerate. He equally distributed his empire among his three kids, Akash Ambani, Isha Ambani and Anant Ambani.

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With a net worth of approximately USD 101.1 billion, Mukesh Ambani, his mother, Kokilaben Ambani, his wife, Nita Ambani along with their two sons and their daughter-in-law, Shloka Mehta Ambani (Akash Ambani's wife) live in the world's second most expensive private residential property, Antilia.

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Mukesh Ambani has been actively buying properties outside India for quite some time now. And now, as per the latest reports, the multimillionaire purchased another beachside mansion in Palm Jumeirah, Dubai. Mukesh purchased the property from Kuwaiti tycoon, Mohammed Alshaya for 163 million US dollars, which is approximately, Rs. 1,350 crores.

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Dubai’s Land Department reported a deal of 163 million US dollars a few days back, but the identity of the buyer was not revealed. However, Reliance's spokesperson refused to comment on the real estate deal. Earlier also, Mukesh Ambani hit the headlines for striking the biggest deal in Palm Jumeirah worth 80 million US dollars.

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A few days back, Mukesh Ambani’s younger son, Anant Ambani too bought a villa in Palm Jumeirah for 80 million US dollars, which is approximately Rs. 640 crores. As per a report in Bloomberg, the villa has 10 bedrooms, a private spa, and indoor and outdoor pools.

In 2021, Mukesh purchased the famous UK club Stoke Park located in Buckinghamshire, which is worth Rs 592 crore. The property was acquired by Mukesh Ambani's Reliance Industries Limited. The Royal country club, spread across 300 acres, which currently belongs to the Ambanis, was once used to be the dream location of almost every filmmaker in the world.

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Mukesh Ambani's palatial abode, Antilia, located in South Mumbai’s Altamount Road, is the world's second most expensive property after London’s prestigious Buckingham Palace. Mukesh and Nita’s heavenly mansion costs an estimated $1-2 billion. The 27-storey skyscraper reaches 570 feet with over 400,000 square feet of interior space against the Mumbai skyline.

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Congratulations, Mukesh Ambani!

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