Russian billionaire pays $23M for Wellington polo estate

A billionaire Russian exile living in the United Kingdom paid $23 million for a massive equestrian compound in Wellington that was once home to the Lechuza Caracas polo team, The Real Deal has learned. Park Place Polo Fields Corp. bought the 62-acre polo facility at 4370 South Road, records show. The entity is linked to Andrey Borodin, a Russian financial expert, economist and businessman who was formerly the president of the Bank of Moscow. He … Continue reading Russian billionaire pays $23M for Wellington polo estate[more]