Despite having a rough year financially, Russian billionaire
Roman Abramovich is still buying up property. The Wall Street Journal reports that he has spent $89 million on an estate in St. Bart's. The 70-acre estate is located behind Governor beach and is a property that includes Balinese bungalows, tennis courts, swimming pools and entertaining pavilions. The property belong to Jeet Singh, co-founder of Art Technology Group Inc., now known as ATG, which makes online retail software. He had been living on St. Bart's part-time since he left ATG in 2002 but moved to Paris this year. Abramovich has homes in Moscow, London, the French Riviera and Colorado as well as several yachts that are floating homes. His newest yacht,
Eclipse is over 540 feet and includes a swimming pool and high tech security. The property may make a good family retreat, his model girlfriend, Daria Zhukova is pregnant with his child, which will make six children total for Abramovich.
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