Bloomberg: Billionaire Rinat Akhmetov buys Monaco apartment for 550 million dollars

Renat Akhmetov bought an apartment in Monaco for a record $550 million, Bloomberg reports.

This is one of the largest residential real estate transactions in history.

For this amount, the Ukrainian businessman purchased a 21-room, five-story luxury apartment in Monaco’s most prestigious new residential complex on the seafront in the Mareterra district.

The apartment is located in the flagship building “Le Renzo.” Its area is approximately 2,500 square meters, not including balconies and terraces with views of the Mediterranean Sea. It includes a swimming pool, a jacuzzi, and at least eight parking spaces.

The deal was completed in 2024, but details only became known to the press now from documents. Akhmetov’s holding company SCM confirmed the purchase of the property in this complex.

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