Inside London's 'Red Square,' the elite address where some of Russia's most powerful oligarchs have bought multimillion-dollar homes

Marielle DescalsotaMar 15, 2022, 16:12 IST

Houses and cars are seen in Eaton Square in Belgravia, London on March 8, 2018.Tolga Akmen/AFP/Getty Images

Eaton Square, an exclusive garden estate in London, is nicknamed "Red Square" because many of its residents are Russian billionaires.
Chelsea FC owner Roman Abramovich and Gazprom chief Andrey Goncharenko are among the oligarchs with properties in the square.

This is Belgravia, one of the wealthiest districts in London.

An aerial view by drone looking towards Eaton Square Gardens in Belgravia.Chris Gorman/Getty Images

Within the neighborhood of Belgravia is Eaton Square. The exclusive garden estate is nicknamed the "Red Square" because many of its residents are Russian billionaires.

Tolga Akmen/AFP/Getty Images

Eaton Square is located in the middle of London.

Eaton Square in London.Google Maps

Among the properties currently listed on the market is a five-bedroom apartment located on 78 Eaton Square (pictured below).

78 Eaton Square.Google Earth

Wealthy Russians began moving into the estate after the "golden visa" scheme was introduced in the 2000s, per The Guardian.

Houses and cars are seen in Eaton Square in Belgravia, London on March 8, 2018.Tolga Akmen/AFP/Getty Images

While Abramovich's most notable UK home is his Kensington Palace mansion (pictured below), he dropped £28 million on a classical home in Eaton Square almost 20 years ago.

16 Kensington Palace Gardens on March 8, 2022 in London, United Kingdom.Hollie Adams/Getty Images

While Abramovich's most notable UK home is his Kensington Palace mansion (pictured below), he dropped £28 million on a classical home in Eaton Square almost 20 years ago.

Oleg Deripaska, the founder of one of Russia's largest industrial groups, also reportedly owns property in Eaton Square.

Belgrave Square on March 8, 2022 in London, United Kingdom.Hollie Adams/Getty Images

Insider's Sinead Baker was at the scene when protesters briefly occupied Deripaska's home in neighboring Belgrave Square on March 14.

Russian billionaire Andrey Goncharenko bought a £15 million home in Eaton Square, pictured below, in 2014.

People outside the 15 million pound Grade II listed mansion on Belgrave Place, London, which has been squatted by the Autonomous Nation of Anarchist Libertarians (Anal).Yui Mok/PA Images/Getty Images

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Inside London's 'Red Square,' the elite address where some of Russia's most powerful oligarchs have bought multimillion-dollar homes

This is Belgravia, one of the wealthiest districts in London.

Within the neighborhood of Belgravia is Eaton Square. The exclusive garden estate is nicknamed the "Red Square" because many of its residents are Russian billionaires.

Eaton Square is located in the middle of London.

Among the properties currently listed on the market is a five-bedroom apartment located on 78 Eaton Square (pictured below).

Wealthy Russians began moving into the estate after the "golden visa" scheme was introduced in the 2000s, per The Guardian.

While Abramovich's most notable UK home is his Kensington Palace mansion (pictured below), he dropped £28 million on a classical home in Eaton Square almost 20 years ago.

Oleg Deripaska, the founder of one of Russia's largest industrial groups, also reportedly owns property in Eaton Square.

Insider's Sinead Baker was at the scene when protesters briefly occupied Deripaska's home in neighboring Belgrave Square on March 14.

Russian billionaire Andrey Goncharenko bought a £15 million home in Eaton Square, pictured below, in 2014.