Beating bidders Bill Gates, and Madonna Italian fashion designer Giorgio Armani has paid $190 million to buy one of the most expensive private islands in Greece called Skorpios located in the Ionian sea. It was originally owned by the famed shipping magnate Onassis' family. Athina Onassis Roussel sold the property to Armani.
The new property comes with a lavish villa on the island called the Pink House. This was the house that Onassis built for Jackie Kennedy when he married her. In fact the two got married on this property which also has tennis courts, plush gardens and very modern amenities. Despite the modern villa the rest of the island has been left untouched and undeveloped so that the owners can enjoy pristine nature.
Armani is in quite an expansion mode because several months ago he had opened his first hotel in the highest building in the world - the Burj Khalifa in Dubai. Armani hotel has 144 luxurious rooms and features elite shops and fine dining restaurants and hip cafes.