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Divorcing Wife Sues Billionaire Over $88M NY Penthouse

Dmitry Rybolovlev, the billionaire who purchased the most expensive property in New York City, is facing a lawsuit from his wife Elena Rybolovleva.  She claims he purchased the $88 million penthouse as “housing for daughter with the real purpose of secreting assets,” according to court documents.

On March 14, Rybolovleva sued her billionaire husband alleging for his personal use Rybolovlev “fraudulently transferred property acquired during his marriage,” violating a Swiss Court order. The suit alleges he used the property to purchase the penthouse at 15 Central Park West, which once belonged to former Citibank CEO Sandy Weill, for his own personal use.

The couple are currently in the middle of divorce filed by Rybolovleva in December of 2008. According to court documents, the Order of the First Section of the Court Justice of the Republic and Canton of Geneva, Switzerland allegedly imposed a provisional freeze of shares and assets which should have prevented the purchase of the property.

 Read More: ABC