Friday, October 18, 2024

Curve CEO Michael Egorov And His Lavish Australian Villas.

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Who says that FinTech and Crypto are in hibernation or crisis? Michael Egorov, CEO of DeFi protocol Curve Finance, and his wife Anna have recently acquired two lavish villas in Melbourne, Australia, with a combined value of AUD 59 million (approximately $40 million). Curve, launched in 2020, stands as the second-largest DeFi project on Ethereum, with a total value of around $4 billion, per The Block reports.

The latest acquisition of the Egorov couple, valued at AUD 41 million (around $27 million), is a historic Victorian mansion known as Avon Court, which dates back to the 1870s, as reported by the Australian Financial Review (AFR). Avon Court boasts nine bedrooms, two pools, manicured gardens, a gym, a sauna, maid’s quarters, a 4000-bottle wine cellar, a 10-car garage, and two rooftop terraces offering stunning city views. Additionally, it features seven kitchens, including an 18-seat teppanyaki kitchen.

The Egorov couple purchased the mansion from its previous owners, the Du family. The Du family had acquired Avon Court in 2014 for AUD 19.8 million from the late Garry Dumbrell, co-founder of AutoBarn, according to the AFR report.

Avon Court marks the duo’s second opulent purchase, following their acquisition of the neighboring property, Verona, in March of the previous year. Verona is a two-story, five-bedroom Italianate villa spanning 1,412 square meters (15,200 square feet). The Russian-born couple acquired Verona for AUD 18.25 million ($13 million). Avon Court is registered under Anna’s name.