Estranged Wife Sues Russian Billionaire Over $88M Penthouse

Law360, New York (March 14, 2012, 9:01 PM EDT) -- Russian billionaire Dmitry Rybolovlev's estranged wife launched a New York state suit Wednesday alleging her husband bought an $88 million penthouse — the most expensive residential property ever bought in New York — in order to hide his assets during the couple's divorce proceedings.

Elena Rybolovleva claims the property — a 6,744-square-foot penthouse at 15 Central Park West in Manhattan — was bought by Rybolovlev through Property NY 100-11 LLC in order to keep Rybolovleva's hands off his assets in their ongoing divorce proceedings in Switzerland,...
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