DURRRRRRR

i miscounted the carets and thought you pointed to my post


i swear sometimes i am full of fail.

8/4/2011 1:33:30 PM

8/4/2011 1:39:25 PM

Quote :

"but how much does he actually donate to justify to having a 1 billion dollar house? What if he also donated 1 billion dollars? Can he have the house then? Or does he have to give away all his money?"

He doesn't have to justify anything to anyone. He's free to make whatever choice he chooses with his money. That said, by doing so he opens himself up to criticism, which could be considered another 'cost' of building such a home. So, I'm not saying that he should be barred from building such an extravagant home at all.

My comment was solely how I'd feel if I had that kind of coin. I'm also not going to pretend that I'm above material desires. Quite the opposite-- the pursuit of wealth is something that definitely enthralls me, and I don't try to hide it or downplay it. That said, whatever wealth,money, possessions, etc., I do acquire comes from my own desire to have it and not from a need to impress anyone with said things.

Ultimately, the ultra wealthy should think long and hard about how they spend and display their wealth in an age where the gap between rich and poor widens at an increasingly rapid pace. History shows what happens when the impoverished hit a tipping point.

[Edited on August 4, 2011 at 2:01 PM. Reason : .]

8/4/2011 2:01:07 PM

im not wealthy but i dream of the day when an impoverished mob runs at me.

history can suck my dick.

8/4/2011 4:06:07 PM

Quote :

"The skyscraper in Mumbai (Bombay), which overlooks sprawling slums"

i'll bet he stands on one of his balconies, drinking $1500 glasses of liquor and laughs at all the poor people below

8/4/2011 4:11:50 PM

Quote :

"ssjamind All American 29617 Posts user info edit post somebody needs to read up on the gospel of wealth 5/9/2008 9:31:23 "

8/4/2011 5:42:31 PM

WTF

OK, this dude is fucking crazy. Ooooh look at me, I have a gazillion dollars and I believe in stupid superstitions to such an extent that I will let my $2 billion home stay unoccupied

http://www.dailymail.co.uk/news/article-2053231/Worlds-expensive-house-Antilia-Mumbai-lies-abandoned.html

World's most expensive house lies abandoned... because billionaire owners believe it would be bad luck to move in

27-storey block dominates Mumbai skyline
Property boasts three helipads, six car parks and floating gardens
But family won't stay overnight because of lack of windows facing east

Quote :

"The world's most expensive home is lying unused and abandoned because its billionaire owners believe moving in will bring them bad luck. The 27-storey, billion-dollar tower in Mumbai, called Antilia, is said to have fallen foul of vastu shastra - an obscure Hindu version of feng shui. Built for India's richest man, Mukesh Ambani - ranked by Forbes as the ninth wealthiest person in the world with a fortune of $27billion - Antilia has dominated the Mumbai skyline since being completed last year. But speculation has grown as to why Mr Ambani, his wife Nita and their two children have not moved into their extravagant new home. Certainly the property - which has three helipads, six floors of parking and a series of floating gardens - is comfortable enough. According to reports, the Ambani family is concerned the building fails to conform with the ancient Indian architectural principles of vastu shastra, and has refused to move in for fear the home will curse them with bad luck. Film screenings have been staged in its state-of-the-art theatre and dinners held in its grand ballroom, served by staff trained by the luxury Oberoi hotel chain. But its owners return at the end of each party to their former ancestral home, never staying the night. Vastu, a philosophy that guides Hindu temple architecture, emphasises the importance of facing the rising sun - and despite the staggering sum spent on Antilia the building's eastern side does not have enough windows or other openings to let residents receive sufficient morning light. Instead of moving into their dream home, the Ambanis continue to stay in the more modest, 14-storey apartment tower at the south end of the city that they share, on different floors, with the rest of their extended family. Tushar Pania, a spokesman for Mr Ambani's company Reliance Industries, dismissed questions about whether the family was reluctant to live at Antilia as idle gossip. Last year, as it was nearing completion, many Mumbai residents criticised the building as an ostentatious display of wealth in a country where most people live on less than $2 a day. Half a mile from Mr Ambani's 27-storey tower, a competing skyscraper is making its way into Mumbai's skyline. The building is being constructed by the Singhania family, which controls Indian suit maker the Raymond Group. Seen at a distance, the two buildings are strikingly similar, with soaring columns, large sea-facing windows and a nearly identical jigsaw puzzle facade."

Finally, some proper pics of the building, as well as a pic of the skyscraper home being built by another rich family (last pic).

10/28/2011 6:33:08 PM

At the end of the day you still live in Mumbai, joke's on him

10/28/2011 6:43:54 PM

If I were worth 43B I'd have NO problem spending 2B on a house. But from the outside, that shit is FUGLY.

10/28/2011 6:45:11 PM

Quote :

"The Gingko-leaf sink designs are a good example. Native to India, the leaves in the sinks are shaped in such a way that their stems guide water into the bowl created by the basket of the leaf."

I want one of these sinks

10/28/2011 6:55:46 PM

fuck this motherfucker. i hope that shit gets burned down and nobody is harmed in the process. The city should seriously come in and do a surprise demo next time he is out of town. fuck him.

10/28/2011 7:32:15 PM

Shit, if i had north of 40B in wealth I think I'd still be living in a 3-4000 sq. ft house.

With 2B I'd rather fund a Mars Rover ( .85B) or another Voyager type mission with my name stamped all over it. That's going to last a lot longer than any skyscraper built in a 3rd world city.

10/28/2011 11:31:31 PM

Quote :

"World's most expensive house lies abandoned... because billionaire owners believe it would be bad luck to move in "

guy is crazier than Michael Jackson

10/29/2011 9:46:30 AM

You would think that having windows on the east side of the building would have been addressed during the architectural design phase.

10/29/2011 10:02:33 AM

It's gotta have windows on that side...just not enough. Hilarious.

10/29/2011 6:30:17 PM

What a piece of shit. What a fucking piece of shit.

Think of how many homes he could have built for other people for $2 billion dollars. If I were the indian government, I would fine his ass another $2 billion just for being a douchebag of a human being.

10/29/2011 9:37:54 PM

No offense, but didn't the contractors and all the workers who made the materials, design, etc... get $2 billion for building it? A lot of people had food on their table because of the project.

I agree, building houses for people without houses would be cool, but the people who we put the houses wouldn't have money to repair them or they'll trash em like they do with all community housing projects.

10/29/2011 10:21:22 PM

This is awesome

10/29/2011 11:02:28 PM

Quote :

"No offense, but didn't the contractors and all the workers who made the materials, design, etc... get $2 billion for building it? A lot of people had food on their table because of the project."

That's $2 billion in value added. The entire chain of production accounts for literally $2 billion worth of effort. It would be nice if we could, but this effort is not recyclable.

There are economic echos. The construction manager then goes and buys something nice for his family, creating more jobs. But what people often fail to understand is the accounting for total value. Society is fundamentally limited in the amount of value that it can create with the same resources at its disposal.

The outrage should be that he consumed $2 billion worth of something (more accurately, is currently consuming). Other people in the nation are trying to get by with less than $1 per day. Your point is correct focusing on labor. Labor is being used, but you can't avoid that either way. Everyone could perpetually pile up huge piles of cash and the # of jobs won't be affected, although the capital account would increase dramatically and interest rates would hit the floor.

The pyramids didn't deprive people of jobs. It deprived them of consumption. Of the opportunity cost of that labor.

10/29/2011 11:30:30 PM

I'm still confused how he bought the land under the premise of building an orphanage then said, "lol just kidding building myself a house instead!"

10/30/2011 12:10:29 AM

Quote :

"No offense, but didn't the contractors and all the workers who made the materials, design, etc... get $2 billion for building it? A lot of people had food on their table because of the project. I agree, building houses for people without houses would be cool, but the people who we put the houses wouldn't have money to repair them or they'll trash em like they do with all community housing projects."

Nope. This wasn't built in the US or Europe. They have virtually no labor laws in some of these countries. I'd be willing to bet that the vast majority of the people who worked on the construction were likely paid next to nothing, and they were probably foreign workers brought in for the project only to be bussed back to their origins after completion. This was very common for the development of projects that occurred in Dubai, and I'm sure similar rules are applied in India as well. It's the dirty secret of developing nations: Construction booms are usually facilitated by dirt-cheap labor. Read up on Dubai labor camps if you're interested. This project was built in a country that has some pretty basic human rights issues, and the work conditions that the people making this thing was more than likely sub-par.

[Edited on October 30, 2011 at 12:53 AM. Reason : work camps: http://archrecord.construction.com/news/daily/archives/070725abuse.asp]

10/30/2011 12:48:01 AM

Quote :

"I'm still confused how he bought the land under the premise of building an orphanage then said, "lol just kidding building myself a house instead!""

Did we mention this guy is rich?


The conversation went something like this:

"Hey! We gave you that land to build an orphanage"
"So?"
"What do you mean "SO?"
"So what."
"We're going to FINE you!!!"
"How much?"
"$1,000,000!!"
"Here you go."

10/30/2011 2:13:39 AM

fuck a fine, they should just let all the orphans move in.

10/30/2011 4:15:18 AM

So you'd let children that haven't worked for anything in their life come in there and live better than people that have worked their entire lives and gotten nowhere?


See how helping the poor works out in theory, but yet... it just doesn't work out the way you plan it.

[Edited on October 30, 2011 at 4:21 AM. Reason : .]

10/30/2011 4:21:27 AM

wow
even their super ultra deluxe mega-rich castle-fortress pads look like they'd be at home covered in ramshackle clothes-lines and surrounded by burning tires

10/30/2011 4:45:08 AM

^3 hahaha yes!

10/30/2011 8:47:37 AM

Quote :

" modest 14-storey apartment "

10/30/2011 4:20:26 PM

Does he own the air surrounding the building, or could you rent a helicopter and just fly around, get up close and personal, peek inside to see what's up? BTW, how hard would it be to buy a RPG launcher + grenades in India, and spend the day at target practice (PROVIDED YOU CLEARED THE BUILDING, because you wouldn't want to hurt the 600 servants)? I'm the type who sees a fancy convertible, with the top down, in the parking lot, and has to seriously resist spitting my gum into it. I don't care what you do with your money, but you park your fancy Jag in the fire zone at my food lion, and my resistance wears thin. You build that in the slums, I know where you live

[Edited on October 31, 2011 at 1:06 PM. Reason : grammar]

10/31/2011 1:05:38 PM

Quote :

"Shit, if i had north of 40B in wealth I think I'd still be living in a 3-4000 sq. ft house. With 2B I'd rather fund a Mars Rover ( .85B) or another Voyager type mission with my name stamped all over it. That's going to last a lot longer than any skyscraper built in a 3rd world city."

10/31/2011 1:11:26 PM

So this guy is basically the biggest piece of shit on the planet, right?

10/31/2011 5:01:04 PM

I want to know how many windows is enough windows to satisfy vastru shaftra.

'Cause I can see that it's mostly glass-lookin' on every side..

10/31/2011 5:07:39 PM

Quote :

"I'm the type who sees a fancy convertible, with the top down, in the parking lot, and has to seriously resist spitting my gum into it."

You sound like a pathetic jealous hater of the worst type.

10/31/2011 5:48:12 PM

Thanks, Have a nice day.

11/1/2011 10:52:01 AM

bump

2/18/2012 11:57:38 AM

I thought this thread was about Kim Dotcom

2/24/2012 2:16:56 PM

Quote :

"Guys, the only thing that matters here is.... how many bitches he got on each level?"

2/24/2012 2:33:47 PM

ugly as shit!!

2/24/2012 2:54:23 PM

Quote :

"I'm the type who sees a fancy convertible, with the top down, in the parking lot, and has to seriously resist spitting my gum into it."

wow. just fucking pathetic.

2/24/2012 3:37:09 PM

Agreed.

2/24/2012 3:41:00 PM

someone appreciated my work.

2/24/2012 3:41:53 PM

this guy just told everyone to fuck off cause he's rich. I applaud him!

2/24/2012 4:00:12 PM

to me it looks like he's creating a shit ton of jobs to me

2/24/2012 4:02:44 PM

Quote :

"I'm the type who sees a fancy convertible, with the top down, in the parking lot, and has to seriously resist spitting my gum into it."

Or you can just laugh that he's neglecting his car, and welcoming the interior to premature wear from UV rays, possibly some rain, dust and of course the random bird shit. Nevermind if someone actually tried to steal the car or something out of it (tough to do with modern car alarms too).

2/24/2012 4:15:48 PM

I had this bttt'ed for this. Some ridiculous amounts in here... but nothing as crazy as the $1b for this Mumbai home (it was said to cost $2b before it was built, but it ended up costing $1b).

http://www.bbc.co.uk/news/magazine-17067890

(Page has pics of some of the homes)

Quote :

"Inside the high-end housing market The property market may be in poor shape in many parts of the world, but the super rich continue to spend eye-watering sums on new homes. The latest deal to grab headlines is a penthouse apartment with panoramic views of New York's central park, sold to a Russian fertiliser magnate for $88m (£56m). See more at http://www.bbc.co.uk/news/world-us-canada-17067588 Dmitry Rybolovlev is thought to have bought the palatial pad for his 22-year-old university student daughter, Ekaterina Rybolovleva. The 6,744 sq ft (627 sq m) apartment in Central Park West is the highest value individual property sale in New York history. It works out about $13,000 (£8,204) per square foot, which could well be a new record. An estate in Hong Kong's ultra-exclusive Peak, 10 Pollock's Path, which sold last summer for $102.7m (£65m) was previously thought to have held that title, with a per-square-foot value of $12,188 (£7,704), although no official record is kept. The high-value real estate market went quiet after the 2008 financial crisis, as the world's billionaires fretted about their investments or bided their time until they could pick up a bargain. 'Ultra luxury' But professional wealth watchers say it has bounced back with a vengeance and is now almost entirely detached from the ups and downs of the conventional housing market or, arguably, reality. "Once you get to the ultra luxury end of real estate you are operating in a different market. It is not necessarily moving with the variables of the rest of market," says Forbes magazine property expert Morgan Brennan. It is widely believed that the world's most expensive private dwelling is in Mumbai, India. The 27-storey Antilla tower, which boasts three helipads, six floors of parking and a series of floating gardens, was built at a cost of $1bn (£630m) for India's richest man, Mukesh Ambani. But it currently stands empty. According to press reports, the Ambani family are concerned that spending the night there will bring them bad luck, as the building's design falls foul of vastu shastra, an ancient Hindu architectural doctrine. 'Strong market' Other properties which routinely get mentioned in lists of the most expensive properties are industrialist Ira Rennert's 63-acre waterfront estate, in the Hamptons, New York, which is thought to be worth $180m (£114m), and Donald Trump's $125m (£79m) Maison de l'Amitié, in Palm Beach, Florida. Of the deals that have gone through in the past year, Russian venture capital billionaire Yuri Milner's $100m (£63m) purchase of Palo Alto Loire Chateau, a 25,500-square foot Silicon Valley mansion, was the biggest in America. The former home of TV mogul Aaron Spelling, which was once known as America's most expensive house, was also sold last year after three years on the market. The buyer, Petra Ecclestone, 22-year-old daughter of Formula One tycoon Bernie, managed to get it at the bargain price of $85m (£54m), a substantial saving on the list price of $150m (£95m). Like Mr Milner, she does not intend to use it as her main residence. Jeff Hyland, the Beverley Hills property agent who helped broker the deal between Aaron Spelling's widow Candy and the Ecclestones, says the market in high-end property is holding up. "It's quite strong because there is so little inventory. Houses like Candy Spelling's, there are only a handful of them that come on the market and you need something like a death, or a divorce, in this case Aaron Spelling died, to make it happen. "The air is very thin. We have a lot of buyers. We have an awful lot of Russians, Saudis, and now Chinese coming in." Biggest deals Property transactions at this level are relatively easy to set up - the Ecclestone deal took just 48 hours - as there is never any question about loans falling through at the last minute. "Almost everything we sell in Beverley Hills is $10m (£6.3m) or more and it's all cash," says Mr Hyland, president of Hilton & Hyland Real Estate, part of the Christie's International Real Estate network. Sellers do not have to worry about time wasters or tourists either, as all would-be buyers are vetted by the agent. "If we don't know who they are, if we haven't heard their name, then most likely they are not a candidate," says Mr Hyland. "And if we can't Google them we ask for a letter from their bank showing they have a net cash value that's in excess of the asking price - readily available funds. If we don't get that, they don't see the property." But for the really big deals, you increasingly have to turn to Europe. Ukraine's richest man, Rinat Akhmetov, last year forked out $215.6m (£136.1m) for two properties on the seventh and eighth floor of the One Hyde Park development, in central London. 'Under the radar' In September 2010, brothers Nick and Christian Candy - the English property developers behind One Hyde Park - sold a penthouse apartment in Monaco to an unnamed Middle Eastern investor for $314m (£198m). Billionaire Russian tycoon and Chelsea football club owner, Roman Abramovich, is also a fan of the Cote d'Azur, which like Switzerland has seen a boom in high-end property prices in the past few years. Villa La Leopolda, the 10-acre estate he is thought to have purchased from Microsoft mogul Bill Gates for $450m (£284m) is often described in the media as the world's most expensive house. But the truth is we will never know for sure. Many of the biggest property deals take place well away from the prying eyes of the media, and are not even listed in real estate agents' guides, according to the experts. Morgan Brennan says: "We see a lot of these higher-end homes transfer through third parties, so even if they show up in a public record it's not always easy to see who that property is associated with. There are a lot properties that go under the radar. "If I was a high profile, high-net worth individual, I would probably be pushing for that as well.""

2/25/2012 4:52:49 AM

Quote :

"In September 2010, brothers Nick and Christian Candy - the English property developers behind One Hyde Park - sold a penthouse apartment in Monaco to an unnamed Middle Eastern investor for $314m"

Jesus fuck. For that kind of money I better be getting a fucking HOUSE on the ocean or something.

Quote :

"The latest deal to grab headlines is a penthouse apartment with panoramic views of New York's central park, sold to a Russian fertiliser magnate for $88m (£56m). See more at http://www.bbc.co.uk/news/world-us-canada-17067588 Dmitry Rybolovlev is thought to have bought the palatial pad for his 22-year-old university student daughter, Ekaterina Rybolovleva. The 6,744 sq ft (627 sq m) apartment in Central Park West is the highest value individual property sale in New York history. "

While I'm sure it's nice as hell, I can't imagine spending $88mil for an apartment thats only 6,70sqft.

$88mil gets you this in California.

2/25/2012 1:44:54 PM

$88m is ridiculous, but can you imagine how amazing that apartment is

OH WAIT, I JUST CLICKED THE LINK



[Edited on February 25, 2012 at 2:04 PM. Reason : ]

2/25/2012 2:03:42 PM

^^ aha, that house you posted a pic of is this one in the article i posted, and whose pic also appears in the link i posted:

Quote :

"The former home of TV mogul Aaron Spelling, which was once known as America's most expensive house, was also sold last year after three years on the market. The buyer, Petra Ecclestone, 22-year-old daughter of Formula One tycoon Bernie, managed to get it at the bargain price of $85m (£54m), a substantial saving on the list price of $150m (£95m). Like Mr Milner, she does not intend to use it as her main residence."

2/25/2012 4:08:42 PM

Quote :

"Jesus fuck. For that kind of money I better be getting a fucking HOUSE on the ocean or something."

Well, it is in Monaco...Which overlooks the Mediterranean. So technically he did.

2/25/2012 4:18:30 PM

Ha, $88m penthouse apartment in NYC, and $85m palace in California...

... the owners in both cases are 22 yo chicks

2/25/2012 4:44:16 PM

just give me a small 800sqft wing and I will be your slave

[Edited on February 25, 2012 at 6:55 PM. Reason : yow]

2/25/2012 6:54:21 PM