Pics: Mukesh Ambani Splurges $163 million to buy the most expensive Dubai villa

Mukesh Ambani bought the Palm Jumeirah mansion last week for about $163 million from the family of Kuwaiti tycoon Mohammed Alshaya

Alshaya’s conglomerate owns the local franchises for retail brands including Starbucks, H&M and Victoria’s Secret.

[{"selector":"#anim-edd4a390-fdcb-4107-8728-f682d3010d60 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(63.624999779277914%, 0, 0) translate(25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.14,.34,.47,.9)","fill":"forwards"}] [{"selector":"#anim-87616e65-0d37-4046-b194-4295fa735568","keyframes":{"opacity":[1,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-525c43a2-6993-4361-bf2d-63d9afd2aa93","keyframes":{"transform":["scale(3)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]

Ambani is chairman of Reliance Industries Ltd., India’s largest company by market value, and has a net worth of $84 billion.

[{"selector":"#anim-c4f0962a-d304-40b3-8b2e-3214df6fe1bd [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(21.874999829338595%, 0, 0) translate(25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.14,.34,.47,.9)","fill":"forwards"}] [{"selector":"#anim-865ea523-0883-4530-8b8f-419ca6b907d9","keyframes":{"transform":["translate3d(100.00000%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-30376a98-43a4-4613-be48-8c7abc36c007","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8d12ff72-00cb-4ac3-a40c-58c0f53ffc95","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}]

The billionaire has been snapping up properties overseas, increasingly looking westward for second homes

[{"selector":"#anim-196e9ce7-5a47-441c-8c93-07e9722023a6 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(13.725694348589613%, 0, 0) translate(25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.14,.34,.47,.9)","fill":"forwards"}] [{"selector":"#anim-1984793e-ef54-4d46-ba40-d2a96fb3a41d","keyframes":{"opacity":[1,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-c89db4f1-2a0e-4631-a97a-eed59fe26c74","keyframes":{"transform":["scale(3)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]

Ambani’s latest purchase in Dubai is a short stroll from the $80 million home he bought earlier this year.

[{"selector":"#anim-f4efab57-b69a-455d-a26e-6eaee825845c [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(34.38303332425999%, 0, 0) translate(25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.14,.34,.47,.9)","fill":"forwards"}] [{"selector":"#anim-22d09098-1b84-4eb9-a87c-a9edf291ba85","keyframes":{"opacity":[1,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-c77b7b6a-9647-4320-989a-631440eec68d","keyframes":{"transform":["scale(3)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]

The Dubai Land Department reported a property deal worth $163 million on Palm Jumeirah earlier this week, without disclosing the buyer’s identity.

[{"selector":"#anim-041a158c-2c2f-494e-9708-b325a1beaf2c [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(28.90624987200394%, 0, 0) translate(25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.14,.34,.47,.9)","fill":"forwards"}] [{"selector":"#anim-335e2956-99af-4fc9-8c1f-33aa6f2c28b5","keyframes":{"opacity":[1,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-3300e45d-30bc-488c-b5db-42ca2d1c2c95","keyframes":{"transform":["scale(3)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]

A spokesperson for Reliance declined to comment, while representatives for Alshaya didn’t respond to requests for comment.

[{"selector":"#anim-5cd58ee3-42a2-4061-8db0-000dda374589 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(28.90624987200394%, 0, 0) translate(25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.14,.34,.47,.9)","fill":"forwards"}] [{"selector":"#anim-ddc28886-46c1-495b-81a0-79b487adba2d","keyframes":{"opacity":[1,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-ee6837b5-ff8b-498e-ada6-837718274830","keyframes":{"transform":["scale(3)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]