Back in August of 2008 Russian billionaire Mikhail Prokhorov put the French mansion Villa Leopold under contract for a record $750 million. In March of last year he tried to back out of the deal and wanted his $50 million (€40 million) deposit back.
Yesterday the courts ruled in favor of the owner Lilly Safra, who can not only keep the €40 million but was also awarded damages of €1.5 million. Ms. Safra indicated that she would be donating the money to charities.
