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Latest Articles - Luxury

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Billionaires' Homes

Wednesday, 12 November 2008

billionaires homes The living places like big and expensive houses in terms of their position, designs and decorations of course mean something significant for showing economic grandeur of billionaire. In a statistics, the Forbes, an Americana bi-weekly published magazine, shows that there are at least 964 families around the world who deserve several billions of dollars and lavish houses as well where 36 Indian names were placed in the club of world's richest people

Deluxe homes owned by billionaires

The rich people, to illustrate, Bill Gates, Warren Buffet, Lakshmi Mittal, Paul Allen, Michael Dell, Larry Ellison, David Koch, Sumner Redstone, Michael Bloomberg, Steven Jobs, Craig McCaw  own the most luxurious houses. The dwelling places blends different sizes and colors that are large, splendid and lavish covered in limestone and marble holding gigantic rooms and staircase while sometimes billionaire's own taste and interest reflect instead of keeping to a majestic.

Holding exaggerated 17,000 square-foot and seven bedrooms, in-house night club as well as gold-plated indoor pool, the world's top most billionaire- Buffett's low-key suburban house named Palladio really bears an exceptional look.

Bill Gates being topped the first position among 400 billionaires estimated by the Forbes magazine, owns a high tech house, 66,000-squre feet, placed on the Lake Washington near the Seattle town, which price is hardly possible to know includes a 60-foot swimming pool along with an sunken music system, a 1,000-square-foot dining place and a library contained two furtive bookcase doors.

In 2001, Oprah Winfrey spent $50 million for his Georgian-style house named ‘Promised Land' that hold 23000 square feet. And for saving from such unavoidable circumstances, there are some strict prohibitions to enter the house for the general people and the cameras.

While the Microsoft boss Bill Gates' Medina consists of 1000 square feet dining room, Donald Trump is well known for his $125 million Palm Beach Fla property that contains 62, 000 square feet and Mar-A-Lago estate, Paul Allen is for his Mercer Island, waterfront property.

Not only pricy but designs also

The richest peoples' houses are not only beautiful in the view of cost but for the uncommon as well as eye catching designs also. The chairperson and chief executive of Oracle Larry Ellison, ninth richest people in the United States, owns that kind of living place. Ellison's house called imperial villa is build just keeping pace with Japanese style included  more than 500 mature maple, cheery, ginkgo trees. It costs $100 million to construct.

At the same time, many billionaires pay for their vacation homes sized in larger and of course more expensive ones. The American celebrity Oprah Winfrey, to illustrate, spent $50 million for her Montecito home placed at Southern California. For passing the summer vacation, Steven Spielberg, American film director, bought a home in the Hampton that is valued $25 million.

Interior Decoration

The billionaires’ houses usually contain bedrooms, fireplaces and other necessary things in their interior decoration. Some homes are found even having a dozen bedrooms. Most of the houses are decorated with expensive materials like limestone, granite, sandstone, marble etc. But the interesting thing is that sometimes billionaire’s own taste and interest reflect in their homes instead of keeping them to a majestic. It is often seen that the houses are sided in vinyl or aluminum as well. We see that crystal chandeliers were used inside Mukesh Ambani's billionaire home that is also called the most expensive house in the world.

While place is not important

This is not such a significant thing where the billionaire's houses are situated as they choose the places to build their houses where they come up age. For example, the Dell's big boss Michael Dell's main residence is placed in Texas, Austin, the founder of Nike Philip Knight's residence is situated in Hillsboro, Ore known as a rural zone beyond the border of Portland.

How much worthy the houses

The Palm Beach estate of Kluge having 21,000 more square feet that embellished with statues as well as reflecting pools is worth of higher than $23 million.

You can get an idea just seeing the scenario of taxes or charges paid by the billionaires. While Microsoft leader Bill gates was given a tax paper amount of $1.1 million last year as his compound was assessed approximately $140 million, the company's fellow billionaire Paul Allen charged with $1 million because of much worthy property estimated at about $120 million.

The prince of Saudia Arabia named Alwaleed bin Talal Alsaud has a palace hold more than 317 rooms adding 400,000 square feet as well as a football ground, eight elevators, 500 television sets that is situated in Riyadh, capital city of Saudia Arabia, cost $130 million to manufacture.

For having a London townhouse, the Indian steel industrialist Lakshmi Mittal, fifth richest person across the world, spent a record breaking price in 2004 for his family home costing $128 million. Holding a palace beauty, it is decorated with such pricy materials like gems.

However, a good number people worth more than billion dollars lead a modestly life while some of them own several homes decorated relatively modest and simple designs.  

Md. Asraful Alam

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Nancy J. Card  - Designer   |2008-12-28 17:07:41
Please explain paragragh under Interior Decoration - Vinyl or Aluminum ????
Sounds like a trailer park - what is this?

Thank you, Nancy
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