Move over Mustique! How the £100million Greek island Skorpios once owned by Aristotle Onassis and the location of his wedding to Jackie Kennedy is set to become a new luxury playground for the mega-rich

The private Greek island where Jackie Kennedy married Aristotle Onassis is set to become a luxury resort for the rich and famous, rivaling the likes of Mustique in the Caribbean.

Skorpios, located in the Ionian Sea off the west coast of Greece near Lefkada, was once the home of the late shipping magnate, who bought it for 3.5 million drachmas – roughly £10,000 today – in 1963.

It was sold in the summer of 2013 by Onassis' granddaughter and sole heir, Athina Onassis Roussel, to Ekaterina Rybolovleva, the 24-year-old daughter of Russian billionaire Dmitry Rybolovlev, for a price tag believed to be around £100 million.

Since then the 205-acre island has been abuzz with activity, according to the locals - with Rybolovlev busy putting her plan to transform Skorpios into an exclusive luxury resort for 'ultra high-net-worth individuals'.

The ambitious project, entitled VIP Exclusive Club and carrying an estimated cost of 165million euros, was approved by the Greek government in December and is scheduled to be completed by the end of 2023, ready to welcome its first guests in the summer of 2024.

Members of the international jet set will be able to rent olive tree-clad Skorpios for a minimum rate of £866,117 (€1million) a week, for up to 50 people at a time, according to reports. 

Part of its renovation plans is a new 'master suite' where the Rybolovlev family will stay when they are in residence, along with a five star hotel, around 10 large and medium-sized villas, a vineyard, spa, sports complex, artificial lake, five-a-side football pitch, a farm - and of course, a helipad. 

Rybolovlev has not yet decided whether to convert the lavish pink villa that Onassis built for Jackie O entirely into a museum or keep it as a residence. It was renovated several years ago, having existed as a building before Onassis' time, when it was used as a stable.

There are also plans to construct a multi-functional centre with the aim of playing attracting closed VIP conferences and offering 'Davos-like' services - the Swiss town which hosts the four-day global economic forum. 

An amphitheater will also be constructed for private concerts and performances to be held, and the marina 'Christina' (named after the late daughter of the tycoon and the mother of Athina Roussel) will be upgraded so that it can accommodate a large mega-yacht. 

Designed by Norwegian firm Snøhetta – the architecture firm behind the new embodiment of the Library of Alexandria in Egypt and the first underwater restaurant in Europe - the plans will also transform Skorpios into a 'smart' island courtesy of a new fibre optic network being installed.

'The basic idea is to create a green island with the greatest possible use of its existing landscape, structure and incomparable beauty,' Rybolovlev said last year. 

Source: dailymail