Russian billionaire Rybolovlev admits buying Trump mansion

Fertilizer mogul is also behind the record-setting $88 million sale at 15 Central Park West

TRD New York /
Nov.November 12, 2013 05:30 PM

From the South Florida site: When Donald Trump sold his sprawling Palm Beach, Fla., mansion for a whopping $95 million five years ago, the true identity of the buyer was a mystery.

That is no longer the case, as Russian billionaire Dmitri Rybolovlev has finally acknowledged his involvement in the purchase of the 515 North County Road home. Rybolovlev told lawyers during a London deposition last month that he invested an undisclosed amount in the 2008 transaction, Palm Beach Post reported.

The billionaire said he continues to pay property taxes and cover maintenance costs at the mansion but denied that he is the true owner.

Attorneys for Rybolovlev’s estranged wife, Elena, pressed him for details during the deposition. Elena has sued Rybolovlev in Palm Beach Circuit Court in an attempt to receive half of the mansion’s value through a divorce.

Rybolovlev amassed his wealth through the potash fertilizer industry. The 33,000-square-foot oceanfront mansion used to be known in the town as the Gosman estate. [Palm Beach Post] — Eric Kalis


Related Articles

arrow_forward_ios
Russian oligarch sells last piece of former Trump estate in Palm Beach for $37M

Russian oligarch sells last piece of former Trump estate in Palm Beach for $37M

Russian oligarch denies money laundering allegations in Palm Beach deal with Trump

Russian oligarch denies money laundering allegations in Palm Beach deal with Trump

(Credits from left to right: Wikimedia Commons; Francknataf/Wikimedia Commons; WORLD66/Wikimedia Commons; Abbie Rowe/U.S. National Archives and Records Administration)

Meet the Russian billionaire behind new Skorpios island resort, da Vinci painting

Oligarch’s $88M 15CPW penthouse is back on the market

Oligarch’s $88M 15CPW penthouse is back on the market

From left: 15 Central Park West and Dimitri

Two of nation’s priciest homes ever sold sit empty

Placeholder image

15 CPW penthouse is no dorm room, billionaire’s wife alleges

arrow_forward_ios
Loading...