Home » Luxury Living - Home / Hotel » World’s Most Expensive Penthouse Sells for $308 Million in Monaco to Greek billionaire Constantine Alexander Goulandris!

World’s Most Expensive Penthouse Sells for $308 Million in Monaco to Greek billionaire Constantine Alexander Goulandris!


by Jared Paul Stern , Luxist

Barely a month after we reported that a London penthouse had sold for $220 million, making it the world’s most expensive private residence, the record has been shattered with the $308 million sale of a palatial penthouse in Monaco (above). The Monaco property, called La Belle Epoque, has quite a history; formerly the home of billionaire banker Edmund Safra, it’s where he was found dead following a mysterious fire that gutted the apartment in 1999.

The three-bedroom, 17,500-sq-.ft. duplex penthouse, which includes a double-height library and vast roof terraces complete with mature 15-foot trees and an infinity pool.
The apartment’s luxe features include a panic room with reinforced glass and surveillance cameras, cinema screens which emerge from walls at the touch of a button, numerous walk-in wardrobes and dressing rooms, a leisure room with billiard tables and arcade video games, a Jacuzzi and spa, and a media room with special executive chairs which convert into beds. The penthouse was sold by British property developers Christian and Nick Candy, who acquired the space relatively cheaply following the fire from Lily Safra and hired designer Martin Kemp to oversee $40 million in renovations, including a dining room (above) with a platinum leaf ceiling.

A well-connected Luxist follower has written in to inform us of the identity of the buyer of the record-shattering $308 million Monaco penthouse (above) we just reported on. The new owner of the world’s most expensive apartment we’re told is Greek billionaire Constantine Alexander-Goulandris, a close friend and business associate of Russian oligarch Roman Abramovich. According to Wikipedia, the American-born Alexander-Goulandris, 47, who’s based in Monaco, is an influential advisor to the Saudi royal family and the emirs of Qatar and Kuwait, as well as the leaders of the UAE and many of the world’s largest oil companies. 

In addition to Abramovich he’s also close to Russian prime minister Vladimir Putin. Though not on Forbes‘ list of the world’s richest people, he’s said to be worth an estimated $15 billion thanks to investments in petroleum and energy shipping and real estate, including the Olympic Tower building in NYC. In addition to Monaco Alexander-Goulandris reportedly maintains residences in Paris, London, Antibes, New York and Hawaii. He also owns one of the largest yachts in the world, the Dubai-registered, 279-ft. Delma, and jets around on a Boeing 767 and two Gulfstream G550s.

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2 Comments to “World’s Most Expensive Penthouse Sells for $308 Million in Monaco to Greek billionaire Constantine Alexander Goulandris!”

  1. […] This post was mentioned on Twitter by Amit Nayak and Beautiful Monaco, theUltimateLuxComm. theUltimateLuxComm said: Interesting article. […]

  2. What a life in Monaco! I have to say the values in Monaco.
    It’s the affluent playground of world sophistication.

    Jamie Knuckles

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