Share |

Greek authorities scrutinise sale of Onassis island

Greek authorities are reportedly examining the legality of the sale of Skorpios Island, the private retreat of late shipping owner Aristotle Onassis, amid claims it contravenes the wishes outlined in his will.

Greek authorities are reportedly examining the legality of the sale of Skorpios Island, the private retreat of late shipping owner Aristotle Onassis, amid claims it contravenes the wishes outlined in his will.

Onassis’ only remaining heir, Athina Onassis, 28, last month sold the island, in the Ionian Sea, to an unnamed Russian billionaire, understood to be Dmitry Rybolovlev. It is reported the 74-acre property sold for $100 million.
Greece’s finance minster Yannis Stournaras has referred the matter to the Legal Council of the State to determine whether the sale is in the public’s best interests.

According to his will, Onassis wanted the island to remain within the family so long as they could afford to maintain it. Failing that the island was to be passed on to the state or to be used as a camp for children of Olympic Airlines employees, the family-business Onassis headed for two decades until the death of his son Alexander in a plane crash in 1973.

Athina is unlikely to have trouble with the island’s upkeep – she was the sole heir of Onassis’ daughter Christina, who had inherited 55% of his fortune but died when Athina was just three-years-old.

Onassis married his second wife, former First Lady Jacqueline Kennedy, on Skorpios, and is buried there along with his sister Artemis, his son Alexander and daughter Christina.

Click here >>
Close