--- title: The Man Who Owns the World's Most Expensive House Made $1.5 Billion in 6 Hours Yesterday description: Mukesh Ambani, the richest man in India and owner of Antilia, the world's most expensive home, boosted his wealth by $1.5 billion yesterday. authors: - name: Rob Wile url: https://money.com/author/rob-wile/ at_money_since: 2017 articles: 191 covers: - Business - Career Advice - Economy and Politics - Education - Housing - Identity Theft - Insurance - Investing - Lifestyle - Personal Finance - Retirement - Shopping - Taxes - Technology social: - https://x.com/rjwile former_staff: true published: '2017-10-19T18:22:44.000Z' modified: '2017-10-19T18:22:44.000Z' section: Business tags: - Billionaires - expensive homes - rich - Wealth word_count: 247 canonical: https://money.com/mukesh-ambani-billionaire-net-worth-antilia/ type: Article source: structured-blocks --- > **Disclosure:** We research all brands listed and may earn a fee from our partners. Research and financial considerations may influence how brands are displayed. Not all brands are included. [Learn more](https://money.com/page/disclaimer/). ![Reliance Industries Chairman Mukesh Ambani Speaks at Ajay Mushran Memorial Lecture](https://img.money.com/2017/10/mukeshambaninetworth-em-118787687.jpg) *Mukesh D. Ambani, chairman of Reliance Industries, in 2011.* Chances are Mukesh Ambani had a better Wednesday than you. Ambani, who boasts the highest net worth in all of India, boosted his wealth by another $1.5 billion yesterday, as shares in his industrial conglomerate Reliance Industries gained more than 4 percent in trading, reaching an all time high. The shares surged on expectations that its telecoms unit would announce a new, attractive data plan, and also develop new gas fields, [*Reuters* reported](http://www.sify.com/finance/reliance-industries-hits-record-high-leads-gains-on-nse-index-news-finance-rksqEhbjdigie.html). Ambani is known, among other things, for building the most expensive private residence in the world. Known as Antilia, the 60-story skyscraper employs a staff of 600 and reportedly cost between $1 billion and $2 billion to build. In other words, Ambani could pretty much afford to build another extravagant residence along the lines of Antilia just using the increase to his net worth this week. ![Antilia (Ambani building), the worlds most expensive private home (to Mukesh Ambani) on Altamont Road, Mumbai (Bombay), Maharashtra, India, Asia](https://img.money.com/2017/10/antilia-em-678821885.jpg) *Antilia, the world's most expensive private home, in Mumbai, India.* Antilia has been controversial from the beginning. A proposal to build three helipads atop the structure was apparently shot down, and many Indians, according to the [*New York Times*](http://www.nytimes.com/2011/10/19/business/global/this-luxurious-house-is-not-a-home.html), have said the tower itself is an offensive display of wealth. The *Times* also reported the Ambanis don't even spend much time there because the tower ended up violating certain principles of a revered Indian architectural philosophy. Ambani inherited Reliance from his father, who founded the company in the mid-1960s. Reliance now enjoys annual revenues greater than $50 billion. Ambani now has a net worth of $39.2 billion, making him the 20th-richest person in the world, [according to Bloomberg](https://www.bloomberg.com/billionaires/profiles/mukesh-d-ambani/). ```json { "@context": "https://schema.org", "@graph": [ { "@type": "BreadcrumbList", "@id": "https://money.com/mukesh-ambani-billionaire-net-worth-antilia/#breadcrumb", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://money.com" }, { "@type": "ListItem", "position": 2, "name": "Business", "item": "https://money.com/business/" }, { "@type": "ListItem", "position": 3, "name": "Entrepreneurship", "item": "https://money.com/entrepreneurship/" }, { "@type": "ListItem", "position": 4, "name": "The Man Who Owns the World's Most Expensive House Made $1.5 Billion in 6 Hours Yesterday" } ] }, { "@type": "WebSite", "@id": "https://money.com/#website", "url": "https://money.com", "name": "Money", "publisher": { "@id": "https://money.com/#organization" } }, { "@type": "WebPage", "@id": "https://money.com/mukesh-ambani-billionaire-net-worth-antilia/#webpage", "url": "https://money.com/mukesh-ambani-billionaire-net-worth-antilia/", "name": "The Man Who Owns the World's Most Expensive House Made $1.5 Billion in 6 Hours Yesterday", "isPartOf": { "@id": "https://money.com/#website" }, "datePublished": "2017-10-19T18:22:44.000Z", "mainEntity": { "@id": "https://money.com/mukesh-ambani-billionaire-net-worth-antilia/" }, "inLanguage": "en-US", "breadcrumb": { "@id": "https://money.com/mukesh-ambani-billionaire-net-worth-antilia/#breadcrumb" }, "dateModified": "2017-10-19T18:22:44.000Z" }, { "@type": "Article", "headline": "The Man Who Owns the World's Most Expensive House Made $1.5 Billion in 6 Hours Yesterday", "articleSection": "Business", "image": [ { "@type": "ImageObject", "url": "https://img.money.com/2017/10/mukeshambaninetworth-em-118787687.jpg", "width": 2868, "height": 2058, "caption": "Reliance Industries Chairman Mukesh Ambani Speaks at Ajay Mushran Memorial Lecture" }, { "@type": "ImageObject", "url": "https://img.money.com/2017/10/antilia-em-678821885.jpg", "width": 280, "height": 420 } ], "author": [ { "@type": "Person", "name": "Rob Wile", "url": "https://money.com/author/rob-wile/", "@id": "https://money.com/author/rob-wile/#author", "sameAs": [ "https://x.com/rjwile" ] } ], "publisher": "https://money.com/#organization", "datePublished": "2017-10-19T18:22:44.000Z", "description": "Mukesh Ambani, the richest man in India and owner of Antilia, the world's most expensive home, boosted his wealth by $1.5 billion yesterday.", "abstract": "Mukesh Ambani, the richest man in India and owner of Antilia, the world's most expensive home, boosted his wealth by $1.5 billion yesterday.", "@id": "https://money.com/mukesh-ambani-billionaire-net-worth-antilia/", "inLanguage": "en-US", "dateModified": "2017-10-19T18:22:44.000Z", "wordCount": 247, "keywords": [ "Billionaires", "expensive homes", "rich", "Wealth" ], "about": [ { "@type": "Thing", "name": "Business", "sameAs": [ "https://en.wikipedia.org/wiki/Business" ] }, { "@type": "Thing", "name": "Entrepreneurship", "sameAs": [ "https://en.wikipedia.org/wiki/Entrepreneurship" ] } ] } ] } ```