The mansion, located in Tel Aviv's prestigious Neve Tzedek neighborhood, is listed for about $46 million. The property features 10 bedrooms, a spa, swimming pool, private cinema, wine cellar, cigar room and landscaped gardens overlooking the Mediterranean Sea.

Abramovich purchased the estate in 2015 from Yaron Varsano, the husband of Israeli actress Gal Gadot. The historic property was originally a boutique hotel before being transformed into one of Israel's most luxurious private homes.

The Russian-Israeli billionaire became an Israeli citizen in 2018 and has donated millions of dollars to Israeli charities and institutions over the years. His contributions include a major donation to Sheba Medical Center, one of Israel's leading hospitals.

Abramovich was sanctioned by the United Kingdom and the European Union in 2022 following Russia's invasion of Ukraine. Since then, many of his overseas assets have been frozen, and he continues to challenge those sanctions in court.

Despite selling the Tel Aviv property, Abramovich still owns several luxury homes in Israel, including a massive estate in Herzliya Pituah that was once the country's most expensive home purchase. Forbes Israel estimates his net worth at roughly $9.5 billion, making him one of Israel's wealthiest citizens.