Putin Just Sold This Gargantuan Secret Palace For $350 Million*

image

[credit provider=”Ruleaks/Wikimedia Commons” url=”http://www.ruleaks.net/1901″]

An enormous palace likely owned by Vladimir Putin was just sold for $350 million, according to Ria Novosti (via Curbed).The Black Sea palace is said to have cost one billion dollars to build. It was secretly owned by the prime minister, according to the Russia’s Wikileaks. But again, Putin denies that he owned the home, as does Ponomarenko.

It was purchased by billionaire Alexander Ponomarenko, a shipping magnate, who plans to turn the 8 million square foot mansion into a hotel.

Putin’s old friend and likely front man, Nikolai Shamalov, was the seller.

[slideshow]
[slide
permalink=”the-palace-is-still-under-construction-1″
title=”The palace is still under construction”
content=””
image=”http://static.businessinsider.com/image/4d48105e49e2aeab403e0000″
caption=””
credit=””
credit_href=””
]
[slide
permalink=”but-its-beautiful-already-2″
title=”But it’s beautiful already”
content=””
image=”http://static.businessinsider.com/image/4d4810c0ccd1d53e12010000″
caption=””
credit=””
credit_href=””
]
[slide
permalink=”and-its-huge-3″
title=”And it’s huge.”
content=””
image=”http://static.businessinsider.com/image/4d48106e49e2ae655a010000″
caption=””
credit=””
credit_href=””
]
[slide
permalink=”heres-a-look-into-one-of-the-courtyards-4″
title=”Here’s a look into one of the courtyards”
content=””
image=”http://static.businessinsider.com/image/4d481076ccd1d52212020000″
caption=””
credit=””
credit_href=””
]
[slide
permalink=”and-the-view-of-the-mountains-5″
title=”And the view of the mountains”
content=””
image=”http://static.businessinsider.com/image/4d48108ccadcbb5a65720000″
caption=””
credit=””
credit_href=””
]
[slide
permalink=”another-courtyard-this-one-is-surrounded-by-the-mansion-6″
title=”Another courtyard, this one is surrounded by the mansion”
content=””
image=”http://static.businessinsider.com/image/4d4810a94bd7c8c83e060000″
caption=””
credit=””
credit_href=””
]
[slide
permalink=”theres-also-great-landscaping-7″
title=”There’s also great landscaping”
content=””
image=”http://static.businessinsider.com/image/4d4810e84bd7c8d13e040000″
caption=””
credit=””
credit_href=””
]
[slide
permalink=”heres-another-view-of-the-black-sea-from-the-roof-8″
title=”Here’s another view of the Black Sea from the roof”
content=””
image=”http://static.businessinsider.com/image/4d481112cadcbb6a6a100000″
caption=””
credit=””
credit_href=””
]
[slide
permalink=”detailed-ceilings-9″
title=”Detailed ceilings”
content=””
image=”http://static.businessinsider.com/image/4d481124ccd1d59911150000″
caption=””
credit=””
credit_href=””
]
[slide
permalink=”we-have-no-idea-who-this-man-in-the-photos-is-definitely-not-putin-10″
title=”We have no idea who this man in the photos is. Definitely not Putin”
content=””
image=”http://static.businessinsider.com/image/4d4810f249e2ae1b5a040000″
caption=””
credit=””
credit_href=””
]
[slide
permalink=”ornate-furniture-11″
title=”Ornate furniture”
content=””
image=”http://static.businessinsider.com/image/4d48110849e2aeb65a090000″
caption=””
credit=””
credit_href=””
]
[slide
permalink=”just-relaxing-on-the-sofa-12″
title=”Just relaxing on the sofa”
content=””
image=”http://static.businessinsider.com/image/4d48111dccd1d58b11080000″
caption=””
credit=””
credit_href=””
]
[slide
permalink=”is-that-a-louis-xiv-chair-13″
title=”Is that a Louis XIV chair?”
content=””
image=”http://static.businessinsider.com/image/4d48112a49e2ae96511e0000″
caption=””
credit=””
credit_href=””
]
[slide
permalink=”posing-in-the-bathroom-14″
title=”Posing in the bathroom”
content=””
image=”http://static.businessinsider.com/image/4d4811534bd7c8d83a170000″
caption=””
credit=””
credit_href=””
]
[slide
permalink=”the-ornate-decorations-continue-15″
title=”The ornate decorations continue”
content=””
image=”http://static.businessinsider.com/image/4d4811804bd7c8bd3e0b0000″
caption=””
credit=””
credit_href=””
]
[slide
permalink=”this-is-the-master-bedroom-16″
title=”This is the master bedroom”
content=””
image=”http://static.businessinsider.com/image/4d48119c49e2aeb65a0e0000″
caption=””
credit=””
credit_href=””
]
[slide
permalink=”dining-room-fit-for-large-dinners-17″
title=”Dining room, fit for large dinners”
content=””
image=”http://static.businessinsider.com/image/4d4811ae4bd7c8bf3e0a0000″
caption=””
credit=””
credit_href=””
]
[slide
permalink=”gorgeous-paintings-right-on-the-wall-18″
title=”Gorgeous paintings right on the wall”
content=””
image=”http://static.businessinsider.com/image/4d4812344bd7c8d83a1d0000″
caption=””
credit=””
credit_href=””
]
[slide
permalink=”russian-leaders-arent-the-only-ones-with-palaces-19″
title=”Russian leaders aren’t the only ones with palaces…”
content=”HOUSE OF THE DAY: Derek Jeter Finishes Construction On His $7.7 Million Tampa Bay Mansion >
image=”http://static.businessinsider.com/image/4d4091474bd7c816500b0000″
caption=””
credit=””
credit_href=””
]
[/slideshow]