Roman Abramovich’s $120M Riviera mansion seized by French authorities
nypost.comThe historic home — located on the ritzy Riviera — was previously leased by King Edward VIII after he abdicated the British throne to marry divorcée Wallis Simpson.The property is one of 12 French residences owned by Abramovich across the country — all of which have been seized in the past few weeks, the Daily Mail reported.
French officials are currently cracking down on the activities of wealthy Russians in their country in order to pressure Russian President Vladimir Putin to withdraw from the war in Ukraine.
Abramovich, who has a net worth of $8.3 billion, is a Kremlin confidante with close ties to Putin.While Abramovich is sure to be devastated by the seizure of the dozen properties, the home on the French Riviera is said to be particularly important to the oligarch.
He purchased the home — known as Château de la Croë — back in 2001 before spending close to $40 million on renovations. The billionaire businessman added a rooftop swimming pool, a gigantic gym and a home cinema to the mansion, which was first built back in 1926.
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