The plan of Dmitry Rybolovlev to turn the island of Skorpios, near Lefkada in the Ionian Sea, into a super-luxury tourist complex, has reached its final stretch.
However, the aspirations of the Russian tycoon for the island formerly owned by the Onassis family go far further than that.
The Russian billionaire seeks to build Davos-like standards in addition to the tourism infrastructure of luxurious accommodation and sports facilities being built, enabling the island to host high-level closed conference events.
It will cost up to EUR 1 million per week to remain at the ‘new’ Skorpios.
In 1963, Aristotle Onassis purchased the island of Scorpios for 3.5 million drachmas, or what, according to the Wall Street Journal, would be about $12,500 today.
Sand and thousands of trees he imported to the island and there he held glamorous parties.