Pity the poor Chinese; pockets full of cash, but saddled with a government that frowns on overt displays of wealth as injurious to social harmony. How are their magnates to claim their rightful place on the world tycoon runway if they can't build their own palaces? After all, the size of one's estate has always been the best gauge of one's moral worth. Obviously, Mukesh Ambani of India agrees, as evidenced by his plan to build the first private $1 billion home.
Luckily, we live in a country that understands the need for excess. Forbes recently did a survey of the most expensive homes in the world. The top home in the U.S. was the 56,000 square-foot Hala Ranch, a $135 million hovel in Aspen. Imagine trying to live in a place with only 15 bedrooms and 16 baths! Those with more modest tastes might appreciate Tranquility, a $100 million home in Lake Tahoe (at least, I think it's still there; how worried would you be about forest fires if you owned this place?).
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