Armani Buys Island of Skorpios in Greece?

Skorpios is a private island in the Ionian Sea off the western coast of Greece and just to the east of the island of Lefkada. It is mainly known as the private island of the late Greek shipping billionaire Aristotle Onassis. It was the site of his wedding to former First Lady Jacqueline Kennedy on October 20, 1968. Upon his death it passed to his daughter Christina, and then in turn to her daughter Athina Roussel. Onassis, his son Alexander, and his daughter Christina are all buried on the island. There is a lavish villa on the island known as the Pink House which Onassis built for Jackie, along with tennis courts and plush gardens, though most of the island remains undeveloped and pristinely beautiful.

Little is known about Athina's relationship to her island, and she is believed to have spent very little time there. There have been rumors published that she may sell it. The internet is buzzing with news that high-end fashion designer Giorgio Armani recently purchased Skorpios - one of the world’s most beautiful and expensive private islands. In closing the deal, said to be worth about $190 million according to reports in the European press, the designer faced stiff competition from rival bidders including Bill Gates, Roman Abramovich and Madonna. Reports on Greek Television and republished worldwide that the island has been sold to Giorgio Armani for 150 million Euro in September 2010 were denied.