1 year ago

Indian Billionaire Buys World's Most Expensive Home in Switzerland

Indian Billionaire (symbolic picture)
Indian Billionaire (symbolic picture)


IIE Digital Desk : Indian billionaire Pankaj Oswal and his wife Radhika Oswal have purchased Villa Vari, a 100-room mansion in Switzerland, for a record-breaking 1.649 billion rupees (US$210 million). The property is located in the exclusive ski resort of Gstaad and is considered to be the most expensive home in the world.

The Oswals are the founders of the Glencore energy trading company. They are also the owners of the Indian airline SpiceJet. The couple's purchase of Villa Vari is a sign of their wealth and status. Villa Vari is a sprawling estate that includes a helipad, a swimming pool, and a tennis court. The property also has a private cinema and a bowling alley. The Oswals are expected to use the mansion as a vacation home.

The purchase of Villa Vari by the Oswals is a reminder of the growing wealth gap in India. The couple's purchase of the property is also a sign of the growing influence of Indian billionaires on the global stage. The sale of Villa Vari is also a sign of the growing popularity of Switzerland as a destination for wealthy buyers. The country's political stability, low taxes, and beautiful scenery make it an attractive destination for those who can afford it.

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