Russian billionaire Mikhail Prokhorov has to pay $53 million for a French villa he does not own. A court has ruled that Prokhorov must forfeit the 10 percent deposit he put down on a $527 million villa in southern France because he never completed the deal he made in July 2008 with the widow of banker Edmond Safra, according to BusinessWeek.com.

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BING NEWS:
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  • Why Billionaire Mark Cuban Just Wired $276 Million To The IRS
    “Got the final number and the wire is complete,” he said on Monday, noting an update to a post from earlier in the week when he’d said he’d be paying $288 million. “Do I expect all of it ...
    04/15/2024 - 10:35 am | View Link
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