New Delhi, Sept. 14 -- Reliance Industries Chairman and billionaire Mukesh Ambani has reportedly purchased a building in the Tribeca neighbourhood of New York, United States.

The billionaire paid $17.4 million to buy the building, which is located at 11 Hubert Street in Tribeca, according to a report by RealDeal.

Ambani's latest purchase comes nearly two years after he sold a two-bedroom condo in downtown New York City. According to a New York Post report, in August 2023, Ambani sold his $9 million residence in Manhattan's West Village, which overlooked the Hudson River.

RIL USA, the US arm of Reliance Industries Limited, purchased the property for slightly less than what tech billionaire Robert Pera paid for it in 2018. According to a...