Russia’s Eislers are trying to turn a modest building into a global luxury hotel, and now they’re getting some help from a billionaire philanthropist.
Eisler is the son of a wealthy Russian industrialist who owns several properties in Russia and who has donated money to the project.
It’s one of several major projects under construction in the country, including a shopping mall and a hotel.
A Russian official familiar with the project said the new dorm was named after EisLER, and that he has already raised money for the hotel, the most expensive building of its kind in the world.
The building’s price tag is estimated at $5 billion, the official said.
The Eislierovs have set aside a lot of money for other projects, including building a new university in a neighboring region, and buying up farmland in Siberia.