Abramovich buys Herzliya pad for NIS 226m, in priciest-ever home deal

Two years after being forced to become Israel’s richest citizen, Roman Abramovich has reportedly become Israel’s richest homeowner, laying out a record NIS 226 million for a 2.3 acre spread in Herzliya.

The compound in the ritzy seaside town includes a main residence that maxes out at 2,000 square meters (21,500 square feet) and a guest house half that size, according to Globes.

The Herzliya home purchased by Roman Abramovich, seen in 2015 when it was still partially under construction. (screen capture: Google Street View)

The home was formerly owned by British hedge fund manager Alan Howard, who last year tried to unload it for a cool $100 million, but found no takers. Instead he rented it out with an option to buy to Abramovich, who owns Premier League club Chelsea.

Abramovich moved to Israel in May 2018 after being caught in a diplomatic row between the UK, where he lived, and Russia, where he had citizenship.

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