Last year I was the first to tell you about the financial involvement in Hollywood of this oligarch who lives in a home where a murder took place, bought an island from the richest little girl and nearly brought down the royal who runs the tiny municipality where the oligarch lives.

The mainstream media today finally confirmed everything I told you so long ago.

Dmitry Rybolovlev

Russian billionaire Dmitry Rybolovlev turns Onassis island into an Art Island 

Russian billionaire Dmitry Rybolovlev, has reportedly decided to turn the former earthly paradise of Onassis, Skorpios island into an “Art Island”.

According to Greek media, Rybolovlev who owns the former earthly paradise of Aristotle Onassis, is set to combine a luxury resort on the island with the creations of great artists of the 20th century in the field of architecture and sculpture.

It is estimated that the ambitious transformation of the island which was originally set at 165 million, will now costs 400 million euros, with the stated intention not to alter the history of Scorpio, which is associated with the Onassis family name.

Other facilities scheduled on the island include a conference centre, a football pitch and an equestrian centre.

The project is expected to be ready by 2024, while the Rybolovlev family will declare which periods it will be on the island as the rest of the year the island will be available for rent. The amount with which it will be rented has not been determined yet, since the Rybolovlevs want to see the project completed first. In any case, the minimum cost of accommodation will be 1 to 2 million euros per week, even if one does not stay for 7 days while the rent will increase when Scorpio is completed as an art island. – Source

Legal dispute with financiers of ‘Top Gun: Maverick’ casts spotlight on controversial Russian oligarch

Two years ago, when the pandemic plunged the movie industry into one of its darkest periods, New Republic Pictures and its founder and chief executive, Brian Oliver, were touted as a bright light.

As movie theaters shuttered, toppling a significant chunk of Hollywood revenue, and studios scrambled to find alternatives that would allow them to release their movies and recover their investments while looking for new financing options, New Republic signed a more than $200-million deal with Paramount Pictures to fund up to a quarter of the budgets on 10 movies, including “Top Gun: Maverick,” in exchange for a share in any profits or losses from the movies.

The New Republic deal provided something of a lifeline: mitigating Paramount’s risks while bankrolling eagerly anticipated films such as “Coming 2 America” and the “Mission: Impossible” sequels.

But now, the Los Angeles production company’s alleged financial ties to Russian oligarch Dmitry Rybolovlev and the Russian invasion of Ukraine are at the center of a legal dispute that has raised questions about New Republic’s funding.

Bradley Fischer, New Republic’s former president and chief content officer, filed a lawsuit in Los Angeles Superior Court last Thursday for breach of contract, alleging that while he was negotiating a two-year extension on his contract, New Republic changed course and proposed new, less favorable deal terms. The turnabout was triggered, he claims, when Rybolovlev moved his assets out of the venture after Russia invaded Ukraine and Western governments began imposing sanctions on wealthy Russians.

Rybolovlev and his representatives were not immediately available for comment.

Fischer alleges that when he refused the new terms, he was terminated without cause in June 2022. He contends he is owed over $15 million. – Source

Spotlight shines on Monaco’s Russian owner Rybolovlev

Dmitry Rybolovlev is the president and majority shareholder of Monaco, the famous club from the glamorous principality having been in his hands since 2011.

He took over when Monaco were struggling in the French second division but his investment rapidly revived their fortunes.

They won Ligue 1 in 2017 and reached the Champions League semi-finals that year.

Rybolovlev has been a resident of the Mediterranean principality for over a decade, but owns two private jets and flies around the world for business and for pleasure.

His last public appearance came on February 23 in the Caribbean island of Antigua where his boat, a lightweight superyacht called Skorpios, won the Royal Ocean Racing Club Caribbean 600 race in the monohull category.

Rybolovlev was on board, far from the football club he owns, and farther from Russia.

He has not been in Russia “for several years”, according to his entourage, and certainly not since the start of the Covid-19 pandemic.

Officially, Rybolovlev left Russia in 2010 after being forced to sell his majority stake in potash fertiliser producer Uralkali to close acquaintances of President Vladimir Putin.

While he then quit Russia to make Monaco his base, his ex-wife and children had already been living in Switzerland since the mid-1990s and his parents also live in Europe.

Rigmora Holdings, the company which manages his business interests, was registered in Cyprus in August 2011 and has offices in Cyprus, Switzerland and Greece, but mainly in Monaco. – Source

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