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Ukraine’s Richest Man Just Bought the World’s Most Expensive Apartment, and the Price Tag Is Absurd

VICE·Ashley Fike·25 days ago
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Some people will never own a home. Rinat Akhmetov just bought one for over half a billion dollars. Ukraine’s richest man closed a deal for a five-floor, 21-room waterfront apartment in Monaco’s Le Renzo building for €471 million, or roughly $554 million , making it the most expensive single residential transaction ever recorded. The deal was finalized in 2024 but only recently came to light, as revealed by Monaco’s property records, emails, and preliminary deeds reviewed by Bloomberg . Videos by VICE The apartment spans about 27,000 square feet , not counting the balconies and terraces overlooking the Mediterranean Sea. There’s a private pool, a jacuzzi, and at least eight parking spaces. You know, the basics. The building sits in Mareterra, Monaco’s newest district, built on land reclaimed from the sea and inaugurated by Prince Albert II in 2024. Le Renzo itself is the only building in the development named after its architect, Pritzker Prize-winner Renzo Piano.…

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