In 1987 La Leopolda had become one of the properties owned by the Lebanese born Brazilian banker
Edmond Safra and his wife,
Lily. The Safras commissioned
Renzo Mongiardino as interior designer, while the second-floor bedrooms were decorated by
Mica Ertegün. The Safras held large parties at the villa, and, at a 1988 party, female guests were given an enameled box with a portrait of the Villa Leopolda. Safra's guest list was so vast that there was a party on the Saturday and a second party on the Monday. Tulips were airlifted in from Holland, the food was arranged by the famed chef
Roger Vergé of the
Moulin de Mougins, and the music was provided by Safra's favourite musicians, the Brazilian band leader
Sérgio Mendes who had flown in from California with his entire orchestra, and pianist David Wood who had flown in from the UK with his quartet. The party was described by author
John Fairchild as the "ultimate in conspicuous consumption". Security was provided for Safra at the villa by a team of former Israeli commando soldiers. The Safras lived some 10 miles from the Villa Leopolda, in a penthouse apartment in
Monaco. The Safras still own Villa Leopolda.The last known owner Lily Safra (Born as Lily Watkins) died on 9 July 2022 in Geneva, Switzerland.
Mikhail Prokhorov The Russian billionaire businessman
Mikhail Prokhorov made several attempts via Ignace Meuwissen to buy the Villa Leopolda from Safra before she finally accepted his offer for
€370 million (plus €19.5 million for the villa's furniture) in the summer of 2008. Initial reports on the villa's sale in July 2008 had falsely identified fellow Russian oligarch
Roman Abramovich as the purchaser. Prokhorov would later deny that he had bought the property, with his spokesperson saying that he had refused to do business in France after his 2007 detention by French police for allegedly providing prostitutes for guests at
Courchevel, the
ski resort in the
French Alps. No charges were ever filed against Prokhorov in the prostitution case. Prokhorov attempted to withdraw from the sale in the wake of the
2008 financial crisis, which led to a lawsuit between Prokhorov and Safra over the €39 million deposit that he had paid on the villa. A French court ruled against Prokhorov in November 2012 with Safra subsequently announcing that she would donate his deposit to various global charities. ==Architectural monument==