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Billionaire Roman Abramovich to Acquire Most Expensive House in Israel

Abramovich intends to pay $63 million for the villa and its surrounding 9,000 square-meter grounds, which he had leased earlier this year in Herzliya

Golan Hazani 12:3119.06.19
Israeli-Russian billionaire Roman Abramovich intends to buy the most expensive house in Israel for $63 million, one person familiar with the matter who spoke on condition of anonymity told Calcalist.

 

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According to the person, Abramovich intends to exercise an option to buy a villa and its surrounding 9,000 square-meter grounds, which he had leased earlier this year in Herzliya, a town on the outskirts of Tel Aviv.

Roman Abramovich. Photo: AFP Roman Abramovich. Photo: AFP

Abramovich previously bought a 1,500-square-meter lot in Neve Tzedek, a historic neighborhood in Tel Aviv, on which he intends to build a six bedroom house.

 

Abramovich became an Israeli citizen last year after his visa to the U.K. had expired and was not renewed. His personal fortune is valued at over $10 billion, making him the wealthiest man in Israel.

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