Alexander Anatolyevich Ponomarenko (Russian: Алекса́ндр Пономаре́нко) (born October 27, 1964) is a Cypriot-Russian billionaire businessman who made his fortune in banking, sea ports, commercial real estate and airport construction. Forbes estimates his net worth at $3.3 billion.
In 2011, Ponomarenko purchased a “palace allegedly constructed for the private benefit of Russian president Vladimir Putin”, now known as Putin’s Palace. At the time of the purchase, Ponomarenko indicated that he had picked the palace up for “a song” and that the value of the complex may be as much as $350 million when the project was complete.
Continue reading Here