Feature: Teodorin’s World
February 22nd, 2011
Playboy bunnies. $2 million Bugattis. Bags full of cash. Meet the world’s richest minister of agriculture and forestry.
Foreign Policy
By Ken Silverstein
The owner of the estate at 3620 Sweetwater Mesa Road, which sits high above Malibu, California, calls himself a prince, and he certainly lives like one. A long, tree-lined driveway runs from the estate’s main gate past a motor court with fountains and down to a 15,000-square-foot mansion with eight bathrooms and an equal number of fireplaces. The grounds overlook the Pacific Ocean, complete with swimming pool, tennis court, four-hole golf course, and Hollywood stars Mel Gibson, Britney Spears, and Kelsey Grammer for neighbors.
With his short, stocky build, slicked-back hair, and Coke-bottle glasses, the prince hardly presents an image of royal elegance. But his wardrobe was picked from the racks of Versace, Gucci, and Dolce & Gabbana, and he spared no expense on himself, from the $30 million in cash he paid for the estate to what Senate investigators later reported were vast sums for household furnishings: $59,850 for rugs, $58,000 for a home theater, even $1,734.17 for a pair of wine glasses. When he arrived back home — usually in the back seat of a chauffeur-driven Rolls-Royce or one of his other several dozen cars — his employees were instructed to stand in a receiving line to greet the prince. And then they lined up to do the same when he left.