Russian billionaire's daughter buys Onassis island Skorpios

14 Apr, 2013

The daughter of Russian billionaire Dmitry Rybolovlev has bought the Greek resort island where shipping tycoon Aristotle Onassis famously married Jacqueline Kennedy in the 1960s, Rybolovlev's investment office said. The sale price was not disclosed. Greek media reports on Saturday placed the value of Skorpios island at over $100 million and said Ekaterina Rybolovlev, 24, wanted it not only for leisure but also business purposes.
She purchased Skorpios, in the Ionian Sea off western Greece, from Onassis' 28-year-old granddaughter, Athena Onassis Roussel, the only surviving descendant of the shipping magnate. "Ekaterina is delighted that the trust has negotiated this purchase," a representative of Rybolovlev's family investment office said on condition of anonymity. "She regards the acquisition as a long-term financial investment." She also acquired the small neighbouring island Sparti. Dmitry Rybolovlev, owner of the AS Monaco Football Club and co-founder of the Russian potash producer Uralkali, has a history of snapping up trophy properties.

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