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
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.
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.