This $500 Million House Will be the Most Expensive Property in the World
June 04, 2015 - Bel Air
Former Hollywood producer-turned-home developer Nile Niami is creating what will be the world's most expensive house, at $500 million, upon completion, according to Complex.com.
The incredibly luxe pad, plotted in Los Angeles' Bel Air neighborhood, will cover over 100,000 square feet and set aside 5,000 of that just for the master bedroom.
The palatial amount of space is hardly the best part, though. The estate will come with an IMAX theater that can seat 45 people, a nightclub, a "Monaco style" casino, a jellyfish room where one can go and be surrounded by a massive aquarium filled with the creatures, and a 30-car garage.
Should the home be purchased, it will not only become the most expensive home of all time, it will more than double the previous record, a $221 million London penthouse, sold in 2011.
Last month, Christie's International Real Estate reported that 20 other homes are currently on the market with nine-figure price tags.
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