Ukrainian billionaire Renat Akhmetov owns the most expensive apartment in London, the Financial Times reported.
Akhmetov purchased the apartment in 2007, but the purchase only became publicly known this month from new property records. The three-story penthouse at 1 Hyde Park cost £136.6 million ($222.5 million). It was purchased through Akhmetov's System Capital Management. The newspaper said Akhmetov planned to spend £60 million on the renovation of the property.
(Vedomosti)
A Message from The Moscow Times:
Dear readers,
We are facing unprecedented challenges. Russia's Prosecutor General's Office has designated The Moscow Times as an "undesirable" organization, criminalizing our work and putting our staff at risk of prosecution. This follows our earlier unjust labeling as a "foreign agent."
These actions are direct attempts to silence independent journalism in Russia. The authorities claim our work "discredits the decisions of the Russian leadership." We see things differently: we strive to provide accurate, unbiased reporting on Russia.
We, the journalists of The Moscow Times, refuse to be silenced. But to continue our work, we need your help.
Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just $2. It's quick to set up, and every contribution makes a significant impact.
By supporting The Moscow Times, you're defending open, independent journalism in the face of repression. Thank you for standing with us.
Remind me later.