Businessman Alexander Klebanov has bought a villa on the French Riviera worth twice as much as his company Central Asian Electric Power Corporation (CAEPC) JSC earned last year.
According to the Telegram channel "Vykhod v more", Klebanov purchased the property, built in 1925 and with an area of almost 905 m², from a well-known Monaco-based investor and restaurateur, Israeli citizen Philippe Shrikki.
It has become known that in May, Alexander Klebanov and his son Yakov established a property management company "Elgia Riviera", to which the asset, previously owned by Shrikki, was transferred.
The Elgia Riviera documents do not state how much the Klebanovs paid for the villa. However, journalists have found that in 2022, the previous owner purchased it for €16 million.
"Given that over two years, property values in Cap-d'Ail have increased by just over 7%, we can safely assume that the Klebanovs' new Mediterranean summer home cost around €17 million, or 9 billion tenge," the message states.
It is noted that in 2023, CAEPC, which Klebanov owns together with his partner Sergei Kan, earned 4.7 billion tenge, which is half the value of his French villa.
At the same time, it has emerged that Klebanov owns another villa in France, for which he paid €3.1 million in 2007. This property is currently valued at approximately 2.5 billion tenge.
It is also reported that the businessman owns an estate in Belgium worth 3.5 billion tenge.
To recall, in July it became known that PavlodarEnergo JSC, owned by businessmen Alexander Klebanov and Sergei Kan, transferred assets of the Ekibastuz thermal power plant worth 3.7 billion tenge to the ownership of the Ekibastuz akimat. These include production and administrative buildings, as well as main and auxiliary boiler equipment.
In September, it was reported that CAEPC will not pay dividends for 2023 to its shareholders Alexander Klebanov and Sergei Kan. At the same time, the company has become significantly more profitable than the previous year.