Moscow — When Arnold Schwarzenegger visited Russia in 2010, Viktor Vekselberg showed the California governor his famous Fabergé collection on display at the Ritz-Carlton in Moscow.

Three years later, the billionaire found a permanent home for the items at Shuvalov Palace in St Petersburg — the city of Carl Fabergé’s birth — spending $40m to renovate the neo-classical building on the Fontanka River. Today, the Fabergé Museum includes more than 1,000 pieces, making it the world’s biggest collection of works by the legendary jeweller best known for his imperial Easter eggs...

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