Forbes named most extravagant investments of wealthy Russians

Forbes named most extravagant investments of wealthy Russians
Photo: RBC

Russia's richest businesspeople spend money on private wineries, oyster farms, islands and a collection of Faberge eggs.

Forbes magazine has made a compilation of unusual luxurious purchases, gifts and investments of the wealthiest Russians.

For example, the magazine included in the list Aberuchill Castle of the 17th century in the north of Scotland, which was previously owned by representatives of one of the oldest clans of Scotland – the Campbells. This estate was purchased by billionaire Vladimir Lisin (with fortune of $ 21.3 billion, according to Forbes) in 2005. The cost of the castle is about $ 12 million. As the publication notes, Lisin is a passionate hunter and bought it for extensive hunting grounds.

Viktor Vekselberg, Head of Renova, acquired the world's largest collection of Faberge jewelry from 200 items from the heirs of Malcolm Forbes, the founder of Forbes magazine. The amount of the transaction is unknown. Sotheby’s experts estimated the cost of the collection at $ 100–200 million. One can look at it at a private museum in St. Petersburg opened by the billionaire.

For instance, Oleg Boyko, owner of Finstar holding, spent several million dollars on the shooting of the sequel to Sin City 2: A Dame to Kill for, becoming the largest private investor of the film. The picture starring Bruce Willis, Mickey Rourke, Eva Green and Jessica Alba was released in 2014 and grossed $ 39.4 million at the box with a budget of $ 65 million.

Roman Abramovich bought four historic mansions in New York at once in 2017, paying $ 100 million for them. He then united the houses numbered 9, 11 and 13 on 75 West Street in Manhattan, which are adjacent to each other with walls, into one (the so-called Franken House).

Billionaire Dmitry Rybolovlev gave his daughter Yekaterina two islands in the Ionian Sea off the western coast of Greece. The islands of Scorpios and Sparti previously belonged to Athena Onassis, granddaughter of famous entrepreneur Aristotle Onassis. Rybolovlev paid her $ 100 million.

Gennady Timchenko, co-owner of Volga Group, has acquired 47 hectares of vineyards and a winery. Divnomorskoye Manor, where only premium-quality wines are produced, is located in the eponymous village near Gelendzhik, on the Black Sea coast. The cost of the object, according to Forbes, is 120–170 million rubles ($ 1.8-2.6 m). Timchenko owns this object together with his partner Vladimir Kolbin.

There are also oyster lands and vineyards of Alexander Ponomarenko, co-owner of Sheremetyevo Airport, in the Gelendzhik region. In 2017, he purchased Yuzhnaya Tsitadel oyster-mussel farm neat Cape Idokopas. His aqua farm has the rights to use four plots of the Black Sea water space with a total area of about 1000 hectares.

Yury Shefler, who owns vodka producer S.P.I. Group, invested in the wine business. In 2015, he bought distillery Señorío de Arínzan in northwest of Spain for € 15 million. He also owns a stake in the oldest Italian wine house Tenute di Toscana. He paid about € 34 million for 25.8% of the company.

Oleg Tinkov, co-owner of Tinkoff Bank, spent more than € 100 million to build ice-class yacht SeaExplorer-77. Yachts of this class are able to overcome a large wave and ice 30–40 cm thick. The entrepreneur intends to use it for expeditions to hard-to-reach and exotic places. The yacht will be presented at the Monaco show in 2020.

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