la leopolda 3 468x351 La Leopolda Villa Sale Will Prokhorov get his Deposit Back?

The ongoing saga of the sale of the most expensive villa in the world continues.

Back in August we reported that Prokhorov, the Russian billionaire, was the mysterious purchaser of the Villa Leopolda - on the French Cote D’Azur - at the price of 365 million Euros ($545 million) - which was a staggering price to pay for a single property.

Now the London Times reports that Prokhorov paid a $55 million deposit, but wants to back out of the deal (Prokhorov reportedly lost $7 billion in the economic crisis).

villa leopolda 468x362 La Leopolda Villa Sale Will Prokhorov get his Deposit Back?
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