Friday, June 01, 2007

Mukesh Ambani's 27 storey private residence?

A 27 storey private residence? Mukesh Ambani being a practical businessman, the truth might not be quite like that. He might be building this so-called 'private residence' as also a place where his many business associates around the world might stay while in Mumbai on business with him. It will add up to being more economical than putting them up in 5-star hotels. Not just that, some portion of the skyscraper might even be reserved as alternate 5-star (or 7 star) residence for international celebrity tycoons on par with the Ambanis. That would explain the 'staff of 500' he might have in the building. Such tycoons (Bill Gates, for example) might feel more comfortable being Ambani's personal guests (though a paying one) than being put up in a 5 star hotel without a personal tycoon touch.

Anyway, we need not bother what the rich do with their money. So long as their money is put in circulation (not for evil purposes, of course), it would benefit all.