14 Apr 2013

Russian billionaire's daughter buys Greek island

9:05 am on 14 April 2013

The daughter of a Russian billionaire has bought a Greek island previously owned by Aristotle Onassis. The sale price was not disclosed.

Greek media reports on Saturday placed the value of Skorpios island at over $US100 million and said Ekaterina Rybolovleva, 24, wanted it not only for leisure but also business purposes.

She purchased Skorpios, in the Ionian Sea off western Greece, from Athena Onassis Roussel, 28, the granddaughter of the late shipping magnate.

She also acquired the small neighbouring island Sparti.

Her father is Dmitry Rybolovlev, owner of the AS Monaco Football Club and co-founder of Uralkali, a Russian potash producer.

Onassis purchased Skorpios in 1963 and turned it into a luxury resort. In 1968 it was the location for his marriage to Jacqueline Kennedy, widow of the assassinated US President John F. Kennedy.

After Onassis's death in 1975, Skorpios passed to his daughter Christina, who died of a heart attack at 37 in the late 1980s.

Christina is buried on Skorpios, as is her brother Alexander, who was killed in an airplane crash aged 25.

Athena Onassis Roussel was three when her mother died.