News / Europe

Russian Billionaire's Daughter Buys Onassis Island Skorpios

Reuters
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 neighboring island Sparti.
    
President of the football club AS Monaco, Dmitry Rybolovlev of Russia, attends the French League two soccer match Monaco vs Bastia, Feb. 13, 2012 in Monaco stadium.President of the football club AS Monaco, Dmitry Rybolovlev of Russia, attends the French League two soccer match Monaco vs Bastia, Feb. 13, 2012 in Monaco stadium.
x
President of the football club AS Monaco, Dmitry Rybolovlev of Russia, attends the French League two soccer match Monaco vs Bastia, Feb. 13, 2012 in Monaco stadium.
President of the football club AS Monaco, Dmitry Rybolovlev of Russia, attends the French League two soccer match Monaco vs Bastia, Feb. 13, 2012 in Monaco stadium.
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.
    
Aristotle Onassis purchased Skorpios in 1963 and turned the barren island into a luxury resort by planting thousands of trees and importing sand. In 1968 he married Jacqueline Kennedy, widow of the assassinated U.S. president John F. Kennedy.
    
After Aristotle Onassis's death in 1975, Skorpios passed to his daughter Christina, who died of a heart attack at 37 in the late 1980s after a history of drug abuse, weight issues and four failed marriages.
    
Onassis, his son Alexander, who was killed in an airplane crash aged 25, and Christina were buried on Skorpios. Athena Onassis Roussel was three when her mother died.
    
The mayor of the nearby island of Meganisi, Efstathios Zavitsanos, who is administratively responsible for Skorpios, said the deal was likely to be a long-term lease since, according to some lawyers, Aristotle Onassis's will stated that Skorpios could not be sold or leave the family.
    
"We have lived with the Onassis legend and it will never fade," he said. "You see, Aristotle was close to the local society, the fishermen and the residents. He was not just a rich man, he was truly loved."
    
There have been unconfirmed reports in Greek media that billionaire Microsoft co-founder Bill Gates and pop star Madonna had earlier sought unsuccessfully to acquire Skorpios.

You May Like

Video British Fighters on Frontline of Islamic State Information War

It’s estimated that several hundred British citizens are fighting for Islamic State alongside other foreign jihadists More

Pakistan's Political Turmoil Again Shines Spotlight on Military

Thousands of protesters calling for PM Sharif to step down continue protests in front of parliament, as critics fear political impasse could spur another military coup More

Photogallery Ebola Quarantines Spark Anxiety in Liberian Capital

Food prices rise sharply as residents attempting purchases clash with security forces, leaving one person dead More

Featured Videos

Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
Native Bees May Help Save Cropsi
X
Deborah Block
August 22, 2014 12:23 AM
U.S. President Barack Obama has called for a federal strategy to promote the health of bees that have been declining. The honeybee has been waning due to parasites, disease and pesticides. Wild bees may be used to take over their role as crop pollinators. Scientists first need to learn a lot more about wild bees, says biologist Sam Droege, who is pioneering the first national inventory on native bees. VOA’s Deborah Block went to his research laboratory in Beltsville, Maryland, to bring you more.
Video

Video Native Bees May Help Save Crops

U.S. President Barack Obama has called for a federal strategy to promote the health of bees that have been declining. The honeybee has been waning due to parasites, disease and pesticides. Wild bees may be used to take over their role as crop pollinators. Scientists first need to learn a lot more about wild bees, says biologist Sam Droege, who is pioneering the first national inventory on native bees. VOA’s Deborah Block went to his research laboratory in Beltsville, Maryland, to bring you more.
Video

Video US Defense Officials Plan for Long-Term Strategy to Contain Islamic State

U.S. defense officials say American air strikes in Iraq have helped deter Islamic State militants for the time being, but that a broad international effort is needed to defeat the extremists permanently. Defense Secretary Chuck Hagel warned Thursday that the group formerly known as the Islamic State in Iraq and the Levant, or ISIL, is better organized, and financially and militarily stronger than any other known terrorist group. Zlatica Hoke has more.
Video

Video Drug-Resistant Malaria Spreads in Southeast Asia

On Thailand’s border with Myanmar, also known as Burma, a malaria research and treatment clinic is stepping up efforts to eliminate a drug-resistant form of the parasite - before it spreads abroad. Steve Sandford reports from Mae Sot, Thailand.
Video

Video Gaza Conflict, Hamas Popularity Challenge Abbas

The Palestinian unity government of Mahmoud Abbas has failed to convince Hamas to agree to Egyptian-negotiated terms with Israel on a Gaza cease-fire. VOA State Department Correspondent Scott Stearns reports on what the Gaza conflict means for President Abbas, with whom U.S. officials have worked for years on a two-state solution to the Israeli-Palestinian conflict.
Video

Video Nigeria's 'Nollywood' Movie Industry Rolls in High Gear

Twenty years after its birth in a video shop in Lagos, Nigeria's "Nollywood" is one of the most prolific film industries on earth. Despite low budgets and whirlwind production schedules, Nigerian films are wildly popular in Africa and industry professionals say they hope, in the future, their films will be as great in quality as they are in quantity. Heather Murdock has more for VOA from Lagos.
Video

Video UN Launches 'Biggest Aid Operation in 30 Years' in Iraq

The United Nations has launched what it describes as one of the biggest aid operations in 30 years in northern Iraq, as hundreds of thousands of refugees flee the extremist Sunni militant group calling itself the Islamic State. As Kurdish and Iraqi forces battle the Sunni insurgents, the fighting has forced more people to flee their homes. Kurdish authorities say the international community must act now to avert a humanitarian catastrophe. Henry Ridgwell reports for VOA from London.
Video

Video Cambodian American Hip Hop Artist Sings of Personal Struggles

A growing underground movement of Cambodian American hip hop artists is rapping about the struggles of living in urban America. Most, if not all of them, are refugees or children of refugees who came to the United States from Cambodia to escape the Khmer Rouge genocide of the 1970s. Through their music, the artists hope to give voice to immigrants who have been struggling quietly for years. Elizabeth Lee reports from Long Beach, California.
Video

Video African Media Tries to Educate Public About Ebola

While the Ebola epidemic continues to claim lives in West Africa, information technology specialists, together with radio and TV reporters, are battling misinformation and prejudice about the disease - using social media to educate the public about the deadly virus. VOA’s George Putic has more.

AppleAndroid