Support The Moscow Times!

Akhmetov's London Record

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)

Read more

We need your help now more than ever.

Independent media outlets and journalists in Russia are being increasingly targeted with “foreign agent” and “undesirable” labels, threatening the existence of the free press day by day.

Your donation to The Moscow Times directly supports the last independent English-language news source within Russia.