Sunday, October 3, 2021

Gazprom Billionaires Buying London Mansions

 From The Sun, September 25:

LIFE'S A GAS 
Russian gas billionaires snap up UK mansions

BILLIONAIRES linked to Gazprom, the Russian gas giant blamed for Europe’s supply crisis, have snapped up a string of UK mansions.

Andrey Goncharenko, 48, was chief executive of a Gazprom subsidiary when he bought four properties in London over the past decade worth £260million.

They include the UK’s most expensive townhouse — £120million Hanover Lodge near Regent’s Park — plus £70million 50 St James Street in Mayfair.

Homes he appears to have sold include a £15million pad in Eaton Place and a £41million mansion in Hampstead. Goncharenko has recently been involved with SK Horizont which helped build a processing plant for Gazprom.

Meanwhile Kazakh oligarch and Gazprom director Timur Kulibayev, 55, bought Prince Andrew’s marital home Sunninghill Park for £15million — £3m over the asking price.

The Queen gifted Andrew the property in Ascot, Berks, in 1986.

It went on the market in 2002 and sold in 2007. A four-vehicle garage, sun deck and kids’ play area have all been added in a major refurb.

Viktor Zubkov, 80, chair of the Gazprom board, served as Russian PM for eight months from September 2007.....

....MUCH MORE

Yeah, there's near The Regent's Park and then there's this:

Launder Your Illicit Lucre in Houses
This FT Alphaville post, "How to dodge the money laundering police":
Buy UK property, we suspect. 
When it comes to money laundering, the estate agency sector in the UK is regulated by the Office of Fair Trading. Here’s the guidance that Britain’s 7,000 plus agents are supposed to adhere to. Click to read: Read more
Reminded me of two things:

1) The Sultan of Brunei's shack in Regent's Park:

File:St John's Lodge, Regent's Park.jpg
If location, location, location really is the first rule of real estate this is probably the most valuable private property in England. As a starting guess, £200 million......
(that little garden in not part of the St. John's Lodge property and is actually accessible to the public)