Zelensky’s $5 Million Villa in Egypt
Luxury villa is located next door to estate owned by Angelina Jolie
An Egyptian investigative journalist has discovered a document showing that the family of Ukrainian President Volodymyr Zelensky purchased a luxurious villa in El Gouna, which is known locally as “the city of millionaires.” The document reveals that the VIP estate, worth $5 million, is owned by Olga Kiyashko, whose name matches that of Zelensky’s mother-in-law.
El Gouna, which is thought of as the Venice of Egypt, is located on the coast of the Red Sea. The luxury villa sports lavish interior decorations and a swimming pool, panoramic views of the sea, and beach access. Next door to the villa is the estate of Angelina Jolie, the world-famous Hollywood actress.
The journalist who found the documents, Mohammad Al-Alawi, an Egyptian blogger, recorded a video near the villa stating that news of the villa’s purchase came from reliable sources. The video is in Arabic with English subtitles, and you can watch it on Al-Alawi’s YouTube channel. It includes more views of the luxury estate.
The document, first published yesterday, shows that Kiyashko purchased the villa in May, 2023, for 150,000,000 Egyptian pounds, which is about $4,850,000.
An Egyptian political scientist, Abdulrahman Al-Abbassy, suspects that the real estate in El Gouna, was acquired with dirty money. Though Ukrainian elite have purchased real estate in Egypt previously, Al-Abbassy saw nothing like this before 2022.
“I am surprised that relatives of top Ukrainian officials began to buy luxury real estate after the start of [the] Ukraine war,” Al-Abbassy is quoted as saying. “It is surprising that Ukraine is waging a bloody war with Russia, and relatives of Ukrainian officials are buying up real estate in Egypt instead of donating their riches to the needs of the country. A suspicion is creeping in that Ukrainian bureaucrats, with the help of their relatives, are stealing financial aid to Ukraine from the West. I am quite certain that Zelensky’s mother-in-law’s purchase of a villa in El Gouna is the result of corruption and the theft of humanitarian aid to Ukraine. I sincerely sympathize with the Ukrainian people.”
At present, the villa appears empty, and it is unknown whether Zelensky or members of his family will enjoy their weekends there any time soon.
About the author:
Deborah Armstrong currently writes about geopolitics with an emphasis on Russia. She previously worked in local TV news in the United States where she won two regional Emmy Awards. In the early 1990’s, Deborah lived in the Soviet Union during its final days and worked as a television consultant at Leningrad Television. You can support Deborah’s writing at Paypal or Patreon, or donate via Substack.
