Russian billionaire Dmitry Rybolovlev, has reportedly decided to turn the former earthly paradise of Onassis, Skorpios island into an "Art Island".
According to Greek media, Rybolovlev who owns the former earthly paradise of Aristotle Onassis, is set to combine a luxury resort on the island with the creations of great artists of the 20th century in the field of architecture and sculpture.
It is estimated that the ambitious transformation of the island which was originally set at 165 million, will now costs 400 million euros, with the stated intention not to alter the history of Scorpio, which is associated with the Onassis family name.
Other facilities scheduled on the island include a conference centre, a football pitch and an equestrian centre.
The project is expected to be ready by 2024, while the Rybolovlev family will declare which periods it will be on the island as the rest of the year the island will be available for rent. The amount with which it will be rented has not been determined yet, since the Rybolovlevs want to see the project completed first. In any case, the minimum cost of accommodation will be 1 to 2 million euros per week, even if one does not stay for 7 days while the rent will increase when Scorpio is completed as an art island.