Rinat Akmetov, who according to an article in today's edition of The New York Daily News, is the Ukraine's richest man, has been identified as the buyer of a $221 penthouse at One Hyde Park in London.
The 44-year-old purchaser, "bought the digs earlier this year, according to the Financial Times" and when "it hit the market in January, One Hyde Park became Britain's most expensive property (priced at up to $9,500 per square foot," according to the Daily News article by Nicole Carter.
"And get this," the article continued, "apparently the billionaire plans to spend $85 million more vamping up the interior of his new home. In addition to the spacious interiors, the complex also includes topnotch amenities: a cinema, spa, simulated golf course, gym, wine cellar, butler room service and valet service."
"The building, developed by brothers Nick and Christian Candy, reportedly still has 30 units available. But the cheapest unit, a one-bedroom, could set you back a whopping $10 million."
According to his entry at Wikipaedia, Mr. Akmetov is "a Ukrainian business oligarch, owner and president of SCM Holdings, as well the president of the Ukrainian football club Shakhtar Donetsk. The entry said that "he graduated from Donetsk National University with a degree in economics in the mid 1990s" and Forbes magazine estimated that he has an estimated fortune of $16 billion."
The Wikipedia entry also said "in 2004 Akhmetov and Viktor Pinchuk (the son-in-law of then-President Leonid Kuchma) acquired the steel factory Kryvorizhstal for about $800 million from the state in a 2004 tender despite much higher bids made by foreign companies," adding that "in May 2009, Akhmetov's Metinvest purchased West-Virginia based United Coal Company for an estimated $1 billion."
The world's most expensive residential apartments at One Hyde Park have been officially unveiled by the colourful property duo, the Candy brothers.
A January 20, 2011 article by Louise Armitstead in the Daily Telegraph said that the residential complex has "a total of 86 flats" and is "thought to be th emost expensive residential development in the world."
"City grandees including Lord Fink, the hedge fund guru, Ken Costa of Lazards, and Bernie Ecclestone of F1 joined international investors and celebrities including Gary Lineker, Andrew Lloyd Webber, and Theo Fennell at the launch. The project is a joint venture between the Candys' Guernsey-based vehicle, CPC Group, and Waterknights, a company owned by the Qatari prime minister, Sheikh Hamad bin Jassim bin Jabr Al Thani," according to the article.
The 44-year-old purchaser, "bought the digs earlier this year, according to the Financial Times" and when "it hit the market in January, One Hyde Park became Britain's most expensive property (priced at up to $9,500 per square foot," according to the Daily News article by Nicole Carter.
"And get this," the article continued, "apparently the billionaire plans to spend $85 million more vamping up the interior of his new home. In addition to the spacious interiors, the complex also includes topnotch amenities: a cinema, spa, simulated golf course, gym, wine cellar, butler room service and valet service."
"The building, developed by brothers Nick and Christian Candy, reportedly still has 30 units available. But the cheapest unit, a one-bedroom, could set you back a whopping $10 million."
According to his entry at Wikipaedia, Mr. Akmetov is "a Ukrainian business oligarch, owner and president of SCM Holdings, as well the president of the Ukrainian football club Shakhtar Donetsk. The entry said that "he graduated from Donetsk National University with a degree in economics in the mid 1990s" and Forbes magazine estimated that he has an estimated fortune of $16 billion."
The Wikipedia entry also said "in 2004 Akhmetov and Viktor Pinchuk (the son-in-law of then-President Leonid Kuchma) acquired the steel factory Kryvorizhstal for about $800 million from the state in a 2004 tender despite much higher bids made by foreign companies," adding that "in May 2009, Akhmetov's Metinvest purchased West-Virginia based United Coal Company for an estimated $1 billion."
The world's most expensive residential apartments at One Hyde Park have been officially unveiled by the colourful property duo, the Candy brothers.
A January 20, 2011 article by Louise Armitstead in the Daily Telegraph said that the residential complex has "a total of 86 flats" and is "thought to be th emost expensive residential development in the world."
"City grandees including Lord Fink, the hedge fund guru, Ken Costa of Lazards, and Bernie Ecclestone of F1 joined international investors and celebrities including Gary Lineker, Andrew Lloyd Webber, and Theo Fennell at the launch. The project is a joint venture between the Candys' Guernsey-based vehicle, CPC Group, and Waterknights, a company owned by the Qatari prime minister, Sheikh Hamad bin Jassim bin Jabr Al Thani," according to the article.
Architecture Critic
Carter Horsley
Since 1997, Carter B. Horsley has been the editorial director of CityRealty. He began his journalistic career at The New York Times in 1961 where he spent 26 years as a reporter specializing in real estate & architectural news. In 1987, he became the architecture critic and real estate editor of The New York Post.
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