Global home sale record quietly broken in Monaco

A few weeks ago, an anonymous buyer appeared to set a world record for most expensive home purchase. Turns out, it may not have even been within $200 million of an earlier deal kept under lock and key. Billionaire Rinat Akhmetov, the richest man in Ukraine, bought a five-floor luxury apartment at the Le Renzo building in Monaco’s Mareterra district for $554 million, Bloomberg reported. The deal closed in 2024, the same year the development was inaugurated by Prince Albert II. The 21-room property on the waterfront spans 27,000 square feet, excluding the balconies and terraces overlooking the Mediterranean Sea. […] This article originally appeared on The Real Deal. Click here to read the full story.