Akhmetov founded Ukraine’s largest industrial conglomerate
14-bedroom estate spreads across 35 acres on French Riviera
The Villa Les Cedres in Saint-Jean-Cap-Ferrat, France.
IRA REAL ESTATE INVESTING
CAPITAL GAINS TAX REAL ESTATE
TOP 10 REAL ESTATE AGENTS
REAL ESTATE INVESTMENT TRUSTS
INVESTMENT IN PROPERTIES
INVESTING IN REAL ESTATE
The Villa Les Cedres in Saint-Jean-Cap-Ferrat, France. Photographer: Marlene Awaad/Bloomberg
Rinat Akhmetov, Ukraine’s richest man, has emerged as the buyer of the historic Villa Les Cedres in the south of France.
The sprawling estate on the French Riviera is a “long-term investment”, according to a statement from Akhmetov’s SCM Holdings Limited. Davide Campari-Milano SpA agreed to sell the property last year for 200 million euros, or about $220 million at the time, the company said in August, without naming the buyer.
Rinat Akhmetov GETTY Sub