Monday, April 15, 2013

Didja Hear...

...that Ekaterina Rybolovleva, the ludicrously pampered daughter of Russian potash potentate Dmitry Rybolovlev, has agreed to pay $154,000,000 to acquire the famed private Greek island of Skorpios and the neighboring island of Sparti from legendarily rich Sao Paulo Brazil-based Greek shipping heiress Athina Onassis Roussell? Well, she did. The two island purchase was, in fact, confirmed by the Rybolovlev family investment office.

The rumor is that Missus Onassis Roussell's grandfather Aristotle Onassis picked up the islands in 1962 for only about £10,000. He married Jackie Kennedy on Skorpios in October 1968.

This is hardly the first time the Miss Rybolovlev and her free-spending father have have made the international property gossip columns. In late 2011, amid a deluge of publicity, the 24-year old competitive equestrian spent $88,000,000 on a nearly seven thousand square foot Manhattan penthouse pied-a-terre and several years earlier her father—on behalf of his daughters—coughed up $95,000,000 to acquire a grotesquely opulent ocean front villa in Palm Beach from the famously brash businessman Donald Trump.

Such are the mind numbing real estate ways of the global super rich, children.

23 comments:

Anonymous said...

It actually cheap. Considering that Suzanne Saperstein is pricing her Fleur de Lys at $125 million. Think about it.

However, why on earth did they spend so much on that hideous Trump eyesore, I do not know.

Fertilizer pays.

Anonymous said...

FYI-
The mayor of the nearby island of Meganisi, Efstathios Zavitsanos, said the deal was likely to be a long-term lease since Aristotle Onassis's will stated that Skorpios could not be sold or leave the family.
Aristotle Onassis, who is buried there, as is his daughter and his son, Alexander, who died in a plane crash in 1973.

Anonymous said...

1:44 my mother said the same thing. She was wondering she could sell this island with Aristotle buried there. He must be turning in his grave right now, even if it is a long term lease.

Anonymous said...

Petra WHO?
Tamara WHO?

LOL.

Anonymous said...

#1. And how many decades has that dump been on the market? Clearly the market doesn't think that Fleur monstrosity is worth anywhere near $125mm.

It's not too hard of a concept, really. Look - I can list my 2 bedroom 1,000 sq ft bungalow for 1 billion dollars if I wanted to. You can list your home for a trillion dollars if you wanted to.

Will it sell? No. Has Fleur sold? No. Will it ever sell for $125m? No. Does anyone think Fleur is worth $125m? No.

Janice Rafael said...
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Doug-G said...

Next to "hot cowgirl", nothing quite peaks my interest more than "competitive equestrian". We all have our little quirks. :) At any rate, a little Google turned up this site:

http://www.thedailytruffle.com/2012/07/industry-offspring-equestrian-special-from-town-country/

Far be it from me to turn this into a competition but, I really didn't see much in this Ekaterina Rybolovleva. Alexa Pessoa (daughter of hotelier Howard Johnson), however, packs one mean pair of riding breeches. My trophy for best heiress on horseback goes to to her.

On a side note (like this entire comment isn't a "side note") didn't Ekaterina's penthouse in NYC have the funky cowhide chairs that I fell in love with?

Cap Area Homes said...
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Anonymous said...

#1. And how many decades has that dump been on the market? Clearly the market doesn't think that Fleur monstrosity is worth anywhere near $125mm.

For a much tinier period than Skorpiós. :D I'm not saying Fleur is worth it or beautiful, it is ugly, but even if it fetches $80 eventually, the island is cheap. That hideous monster Casa Encantada is $200m! Oh, the gawping inflatedness! Not to be believed.

Anonymous said...

This price puts thing in perspective as far as LA aging mcmansions go. It cannot be that two whole islands are cheaper than a house.

Anonymous said...

1:18 If you think Casa Encantada, designed by a master 20th century architect is a "hideous monster", then the only taste you have is in your mouth.

Anonymous said...

1:54 AM, same can be said about you. That architect is so famous and his creation even more so that he ended up in - no encyclopedia about art, architecture or history of art. It's not even hideous, it's just there. Irrelevant.

If these people, like Leonard Ross, think they can buy a house for $2m and price it at $165m just because a sheikh got there first by pricing his Aspen thingy that much, then it really says it all. No, Leonard Ross, the house you own didn't have more value.

Anonymous said...

Speaking of Rybolovlev, could someone explain the following passage:

“The Rybolovlev trust agreed to pay the $100 million — with a $5 million credit toward demolition (Mr. Trump denies that, saying there was a credit of about $5 million for broker fees.).

After Mr. Rybolovlev put down a 10 percent nonrefundable deposit the deal was in jeopardy. The South Florida market was cratering, and the Rybolovlevs wanted a price reduction of at least $25 million, according to a person familiar with the negotiations who did not want to be named. A spokeswoman for Ms. Bersheda would not comment on that assertion.

Still, to Mr. Trump’s mild surprise the other $90 million arrived just in time and the deal closed in July 2008.”

What is a credit toward demolition?

Why was the deal in jeopardy?

And how can you put down a 10% deposit and then ask for a $25m return? Does that mean that then the “excessive” part of the deposit goes toward the final price? I have no idea how he was expecting the price to be lowered when he paid the 10% for the $100m price.

Anonymous said...

Petra WHO?
Tamara WHO?

LOL.


Ahahahahaha!

Surely all those other people on the Bloomberg list, in which Mr. Rybolovlev (translated from Russian meaning “fisherman”) doesn't appear, such as

1. Alisher Usmanov
2. Leonid Mikhelson
3. Mikhail Fridman
4. Viktor Vekselberg
5. Vladimir Potanin
6. Mikhail Prokhorov
7. Roman Abramovich
8. Vladimir Lisin
9. Andrey Melnichenko (who, with his gorgeous Serbian wife owns that Philippe Starck yacht)
10. Vagit Alekperov
11. Alexey Mordashov

also have heirs and heiresses so I say let's organize a race!

Anonymous said...

Darlings, the love affair between Russian cash and Cypriot banks hit the skids recently. Some think the Kremlin facilitated an exodus of heavy-hitting Russian accounts from the soon-to-be ruined financial paradise that was Cyprus in exchange for Russia’s support of the bailout. If so, mightn’t a potash potentate need somewhere new to park $154,000,000? Seems that owning a fabled Mediterranean island beats having 60% of your deposits confiscated by a troubled Mediterranean island...

Sandpiper said...

Owning the islands make perfect Russian sense. Ideal place to hit the mattresses when things get too ugly on The Bishops Ave.

Anonymous said...

Um.... cancer research anybody? Research scientists have to go begging for money to keep work going when big breakthroughs are tantalizingly close. This girl and her father make me sick.

Anonymous said...

Of course maybe they do give an equal amount of money to cancer research. What do I know?

Anonymous said...

Russians don't care about philanthropy beeyotch

Anonymous said...

problem with buying/leasing the islands is that the Greece government might decide to tax them out of money, since Greece is bankrupt. on other hand if its only leased, the Onassis girl would have to bear the tax costs

9:16 nor do Americans, as them its just tax evasion scheme to avoid the death tax. to paraphrase Gordon Gekko "you are not that naive, ..."

also these significant breakthroughs have been here for decades, they just never seem to work out. Hugo Chavez could sing about it, and he had resources of entire country to aid him

Anonymous said...

@3:25: As a cancer patient, I disagree. Genomics is changing everything now.

Anonymous said...

super rich often time translates into super tacky.

turesta, said...
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