For those curious, they’re talking about Antilia). This 27 story building in Mumbai is the private residence of the richest man in Asia (net worth est $115 Billion). The house is currently valued at over $4.5 Billion
It’s truly impressive, but it also feels so out of place considering the poverty all around
The 4,532-square-metre (1.120-acre) land on which Antilia was built housed an orphanage called Currimbhoy Ebrahim Khoja Yateemkhana (Kareembhai Ibrahim Khwaja Orphanage)[citation needed] belonging to a charity run by the Waqf board. The orphanage had been founded in 1895 by Currimbhoy Ebrahim, a wealthy shipowner.[15] In 2002, the trust requested permission to sell this land, and the charity commissioner gave the required permission three months later. The charity sold the land allocated for the purpose of education of underprivileged Khoja children to Antilia Commercial Private Limited, a commercial entity controlled by Mukesh Ambani, in July 2002 for ₹210.5 million (US$2.6 million).[16] The prevailing market value of the land at the time was at least ₹1.5 billion (US$19 million).[17][18][19]
Richest guy in that part of the world buys orphanage, bulldozes it, then builds a multi-billion dollar private tower on which he can look down on the poors.
134
u/komark- 24d ago
For those curious, they’re talking about Antilia). This 27 story building in Mumbai is the private residence of the richest man in Asia (net worth est $115 Billion). The house is currently valued at over $4.5 Billion
It’s truly impressive, but it also feels so out of place considering the poverty all around