Roman Abramovich
Owner, Chelsea Football ClubBirth DetailsOctober 24, 1966 | Saratov, Russia
NationalityRussian, Israeli
LeagueBusiness Leader
EducationCollege drop-out
Net Worth$14.3 billion (As of March 27, 2021)
Roman Abramovich's Assets:
Roman Abramovich's Journey so far ...
Before you go ...
- Millhouse Capital
- Chelsea FC
Roman Abramovich's Journey so far ...
- Roman Abramovich lost both his parents when he was 4. He was raised by his relatives. He dropped out of college and joined the Soviet Army
- He started as a street vendor and then worked as a mechanic in a shop. In the early stage of his career, he set up many businesses like toys manufacturing, personal security, timber and tyres
- In the early nineties, he became a close associate of Russian billionaire Boris Berezovsky and it is this friendship that got him close to top Russian politicians. Berezovsky introduced him to the then Russian President Boris Yeltsin
- It was Yeltsin's loans-for-shares program where Abramovich made his biggest bet. In 1995, he partnered with Berezovsky and bought Sibneft, a giant Soviet oil company, at a throwaway price of $100 million, the company was valued over $2.5 billion during that time
- He sold his controlling stake in Sibneft to Russia's Gazprom for $13 billion in 2005, becoming one of the world's wealthiest self-made billionaires
- Abramovich's closeness to Yeltsin, saw him being elected to the Duma in 1999 and the following year, he became the governor of Chukotka Autonomous Okrug, Russia's far east region
- He resigned as Governor in 2008, but during his tenure, the region saw tremendous development in education, infrastructure and highest birth rates in the country
- In 2001, Abramovic along with other partners founded Millhouse Capital in Britain to oversee assets in Russia, the company manages investments in sectors as diverse as aviation, power, banking and insurance
- In 2003, Abramovich bought the iconic Chelsea Football Club in West London, thereby becoming the first major foreign buyer of an English Premier League club; till 2008 he was at the top of the football club owners rich list
Before you go ...
- Abramovich is also known for owning the world's fourth-longest yacht, the 533-foot yacht is named Eclipse. Packed with missile defence and state-of-the-art features, it is one of the costliest yachts in the world
- His critics have labelled him as a Russian oligarch
- Abramovich was granted Israeli citizenship in May 2018 as Britain did not renew his investor visa
Last Updated: 27/03/2021
Roman Abramovich News
- UK threatens to sue Abramovich over use of money from Chelsea saleBritain is threatening legal action against Roman Abramovich over the frozen £2.5 billion from the Chelsea sale, intended for Ukrainian war victims. The government expresses frustration at the lack of agreement on fund distribution, seeking to ensure the money benefits Ukraine. While negotiations remain open, Britain is prepared to pursue the matter in court to resolve the impasse.
- From Tarzan's canine writer to Chinatown's master: How Robert Towne shaped a writer's pipe dreamRobert Towne, a celebrated screenwriter alongside Bollywood's Salim-Javed, significantly elevated the screenwriter's role in Hollywood. His notable works include Chinatown and contributions to Bonnie and Clyde. The author recounts how Towne's films, along with others, inspired him to pursue screenwriting, despite ultimately choosing fiction.
- The Russian billionaires whose chemical factories fuel Russia's war machineRussia’s chemical factories, owned by sanctioned billionaires, supply vital ingredients for explosives used in the Ukraine war. Despite sanctions, factories rely on these companies for chemical supplies. The billionaires include Roman Abramovich and Vagit Alekperov. Chemical companies may claim civilian use, but they support the war effort. This raises questions about the effectiveness of Western sanctions.
- Media Mogul Rupert Murdoch to marry for fifth time at the age of 93. Know about bride and wedding planMedia Mogul Rupert Murdoch was previously married to former flight attendant Patricia Booker, journalist Anna Murdoch, entrepreneur Wendi Deng, and Jerry Hall, the model and ex-wife of Mick Jagger. Elena Zhukova will be his fifth wife.
- Former Chelsea star Mikel Obi reveals player power dynamics behind managerial changes at the BluesFormer Chelsea player Mikel John Obi has revealed the role played by key players in managerial decisions at the Blues club. He highlighted the dynamics of player influence, discord with certain managers, and indirect expressions of discontent, providing insight into Chelsea's culture.
- Rupert Murdoch, 92, reportedly dating 66-year-old retired scientist Elena Zhukova: Daily MailRupert Murdoch, 92, has reportedly begun a new relationship with Elena Zhukova, 66, a retired scientist, following the collapse of his engagement to Ann Lesley Smith earlier this year. In recent sightings, the pair were seen boarding a chartered superyacht off the coast of Corfu in Greece. Reports suggest that the pair were introduced by Murdoch's former wife, Wendi Deng, who shares a friendship with Zhukova's daughter, who was once married to Russian oligarch Roman Abramovich. The mogul has been married four times previously.
- Manchester United is not for sale, but a piece of it might beJim Ratcliffe, a British billionaire, was first out of the blocks, saying he would be interested in buying the team if it was, in fact, for sale. An American private equity firm, Apollo Global Management, was reported to be in talks about acquiring a minority stake. Money would not be an issue. Ratcliffe, chair of Ineos, is one of the world's richest men. Apollo has roughly a half-trillion dollars under management.
- Soccer: Roman Abramovich completes Chelsea sale to Boehly-Clearlake consortiumThe consortium, which won the bid to acquire the London side earlier this month, received approval from the Premier League and the British government last week for the sale to go ahead.
- Chelsea being sold for $3 billion to LA Dodgers owners, investorsThe deal is expected to be completed by late May.
- UK prevents use of private jet linked to Russian oligarchsThe Department for Transport (DfT) said it has issued a Notice to Airmen (NOTAM) to prevent the aircraft from taking off from London Luton Airport.
- Russian billionaire Abramovich, Ukrainian peace negotiators hit by suspected poisoningThe Kremlin has said Abramovich played an early role in peace talks between Russia and Ukraine but the process was now in the hands of the two sides' negotiating teams. Russian forces invaded Ukraine on Feb. 24 in what President Vladimir Putin calls a "special military operation" to demilitarize and "denazify" Ukraine. Ukraine and the West say Putin launched an unprovoked war of aggression.
- Turkey says world cannot 'burn bridges' with Moscow"Ukrainians need to be supported by every means possible so they can defend themselves ... but the Russian case must be heard, one way or the other," so that its grievances could be understood if not justified, Kalin added.
- Roman’s empire: How Russia's invasion of Ukraine is tarnishing the status that Abramovich and other oligarchs have spent so much to reachRoman Abramovich's fortune bought him goodwill, but also made him a target.
- UK fears 'more extreme' Russian actions in UkraineBritain has recently targeted high-profile oligarchs, including Chelsea Football Club owner Roman Abramovich.
- EU bans champagne, luxury car, apparel exports to RussiaThe 29-page list of now-prohibited luxury items was published in the European Union's Official Journal, which announces legal decisions by the 27-nation bloc, giving detail to broad sanctions outlines announced last week by EU leaders.
- Chelsea financially perilous after Abramovich is sanctionedA team that won the Champions League last year and was crowned world champions by FIFA a month ago has now had some banking facilities frozen with officials unable to use corporate credit cards while Barclaycard assesses what is permitted under government rules.
- Chelsea sale on hold due to UK sanctions on Abramovich, says British finance ministryThe finance ministry said restrictions "apply to any entities that are owned or controlled by Roman Abramovich", adding: "This means Chelsea Football Club is now also subject to an asset freeze under UK financial sanctions."
- What assets do UK-sanctioned Russian oligarchs have?Roman Abramovich, Igor Sechin and five other Russian oligarchs are the most high-profile figures to be added to the British sanctions list since Russia's invasion of Ukraine and follows criticism that Britain has acted too slowly.
- Chelsea sale plans on hold after UK freezes assets of owner Roman AbramovichIn total Britain said the seven figures added to the sanctions list because of their connections to Russian President Vladimir Putin had a collective net worth of 15 billion pounds ($19.74 billion). "There can be no safe havens for those who have supported Putin’s vicious assault on Ukraine," British Prime Minister Boris Johnson said.
- UK says Chelsea can keep playing after Roman Abramovich sanction, sale haltedAbramovich had put the club up for sale, but Britain's asset freeze and sanctions on him bar that process under the terms of the licence granted to the club.
- Criminal offence for any Russian aircraft to fly or land in BritainThe extended ban includes any aircraft owned, operated or chartered by anyone connected with Russia or designated individuals or entities, and will include the power to detain any aircraft owned by persons connected with Russia.
- Russian billionaire Roman Abramovich to sell Chelsea amid sanctions threatAbramovich's trophy asset made him a high-profile target for politicians demanding he be included among wealthy and influential Russians hit with British sanctions after a week of Russia's war on Ukraine.
- A $353 mn luxury superyacht, Luna, is at the heart of London’s biggest divorceThe Luna, which - with its 50-member crew - has been languishing at its Dubai berth for more than two years.
- Billionaire Roman Abramovich gets Israeli citizenship after British visa wasn't renewedThe Chelsea football club owner submitted a citizenship request with Israel's Moscow embassy.
- Soccer-Champions Chelsea bid farewell to captain Terry with gold-topped trophySOCCER-ENGLAND-CHELSEA/:Soccer-Champions Chelsea bid farewell to captain Terry with gold-topped trophy
- From Eric Schmidt to Lakshmi Mittal, here are the summer escapes of the rich and famousThese dreamy vacation destinations are giving us major wanderlust.
- Soccer-Mourinho returning to Chelsea with "no bad feelings"SOCCER-ENGLAND-CHE-MUN/MOURINHO (PIX):Soccer-Mourinho returning to Chelsea with "no bad feelings"
- Dembele a doubt for Tottenham's trip to West BromSOCCER-ENGLAND-TOT-POCHETTINO:Dembele a doubt for Tottenham's trip to West Brom
- Here are nine things the ultra-rich are spending onIf we’re still tentatively recovering from a financial crash, the world’s wealthiest people didn’t get the memo.
- Controversy's child: Chelsea manager Jose MourinhoIt is never difficult for Mourinho to get into trouble. His employer, Roman Abramovich, probably wishes for some restraint from the Chelsea manager.
- Why the Russians loves Tesla and Elon Musk despite all the difficultiesTesla could easily sell 2,000 Model S sedans and 2,000 of its upcoming Model X sport utility vehicles a year in Russia if it paid as much attention.
- Goal keepers in high demand in Premiere League transfer windowCoach Jose Mourinho had no intention of letting one of his keepers go to strengthen a Premier League rival, but the owner Roman Abramovich intervened.
- Stunning facts about Microsoft co-founder Paul Allen's $200mn super-yachtWith an estimated net worth of $17.5 billion, Microsoft co-founder Paul Allen can afford some expensive toys. His 414-foot yacht, 'Octopus' is one of them.
- Why succession is a tricky business in footballFerguson, famous for his tantrums, seems to have been a better manager than talentspotter. After all, he hand-picked Moyes as his successor.
- Lakshmi Mittal puts palatial London home up for saleThe credit crunch seems to be taking its toll on one of the world's richest Indians Mittal, who has put up one of his mansions in central London up for sale.
- European football: Pep’s choiceGlobal football chatter — always opinionated and occasionally substantive — speculated that two English clubs were likely destinations for Pep.
- Being Chelsea’s football manager is UK’s toughest job!Divide 94 months by six and the average tenure of each previous Chelsea manager appointed by Abramovich works out to roughly 470 days.
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