Mordashov Buys Yeltsin’s Karelia Dacha

Alexei Mordashov’s Severstal Group won the auction for Shuiskaya Chupa, the former Karelia residence of Boris Yeltsin, a Kremlin official announced. Severstal Group’s winning bid came in at 291 million rubles ($10.4 million), about 5 million rubles above the starting price. For his money Mordashov got ownership of a three-story hotel, several cottages and houses, a tennis court, sauna and garages. The 50-hectare plot of land where the property is […]