Roman Abramovich Net Worth: How Much Wealthier He Is?
Roman Abramovich is a well-known political and commercial figure in Israel and Russia, he is best recognized as the former owner of the English Premier League club Chelsea F.C. Due to his substantial wealth, Abramovich has at times been the wealthiest individual in Israel.
In addition, he is the tenth richest person in Russia and the 113th richest person in the world. According to reports, Abramovich’s net worth was far greater prior to the financial crisis of 2008, after which he lost billions.
Roman’s Early Life
Roman Arkadyevich Abramovich was born in Saratov, Soviet Union, on October 24, 1966. Abramovich’s parents were exiled to Siberia during the Soviet occupation as members of a Jewish family from Lithuania. His grandfather likewise served time in a Gulag. By the time Roman was four, both of his parents had passed away.
When the Soviet Union began to disintegrate and capitalism began to emerge, he began amassing his fortune by selling products on the street. Early achievements included the sale of consumer items such as tyres and rubber ducks.
Career & Achievements
Roman Abramovich began his entrepreneurial career while still in the military. He served his country in the Soviet Army for several years. From 1992 to 1995, he started five companies that manufactured consumer products, etc. for resale. He was again arrested in 1992 for theft of government property. Nonetheless, the inquiry was reopened, and Roman was able to walk away from the case without facing any charges.
He began his career surprisingly as a street vendor and has also worked at tiny mechanical manufacturers. From 2000 until 2008, Roman Abramovich also served as the Governor of Chukotka. He is the owner of the private investment firms Millhouse LLC, Evraz, and Norilsk Nickel, where he holds a substantial number of shares. Roman’s passion for football and deep interest in the sport inspired him to invest in prominent sports clubs such as Premier League and Chelsea Football Club.
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In 2015, he also invested $15 million in a Music Messenger firm that was founded by OD Kobo. He has been accused of bribery, theft, loan theft, etc., throughout his career; nonetheless, he has always made a stronger comeback following these minor setbacks.
Awards-Roman Abramovich has been awarded both the Order of Honor and the Order of Friendship, two of Russia’s highest honors.
Net Worth & Other Ventures
Roman Abramovich has an estimated net worth of around $13 billion as of July 2022. The previous year, Forbes listed Roman as the 13th richest man in Russia. His income is derived from his astute investments. His football clubs help him earn millions of dollars annually through their outstanding games.
Roman Abramovich is the largest commercial magnate in Russia and the globe, having amassed a multibillion-dollar empire. He is also an astute investor who seizes every chance. He serves as an example for all entrepreneurs in Russia.
By creating employment through his company modules, he has unquestionably aided Russia’s economy in climbing the success and development ladder. He began his career as a factory worker and is now one of the wealthiest individuals in Russia.
Real Estates & Other Assets
According to rumors, Roman Abramovich owns a real estate portfolio worth more than 340 million pounds. There are obviously almost too many properties to list. Nevertheless, four adjacent mansions on the Upper East Side of Manhattan constitute one of his most remarkable investments.
Abramovich purchased the four buildings for $74 million and intends to combine them into a single residence nicknamed an “urban castle” by the media. It was anticipated that renovation costs would exceed the value of the houses themselves by $100 million.
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Additionally, Roman Abramovich owns a fleet of private airplanes. Perhaps his most amazing aircraft is The Bandit, a Boeing 767-33A/ER. After being acquired from Hawaiian Airlines, the aircraft was renovated and modified to fulfill Abramovich’s specific requirements. The aircraft has a dining area for 30 people and luxurious restrooms. In addition, The Bandit is equipped with the same missile avoidance technology as Air Force One.
It is estimated that Abramovich’s automobile collection is worth around $11 million. One of his most remarkable automobiles is a Ferrari FFX with a top speed of 190 miles per hour, one of just 29 built. He also has a Pagani Zonda Roadster of limited production. Only fifteen were ever made. In addition to these vehicles, Roman also owns a Bugatti Veyron, a Mercedes AMG GT3, and an Aston Martin Vulcan.
Roman’s Personal Life
Roman has wed three times. In 1987, he Married Olga Yurevna Lysova; they divorced in 1990. He divorced his second wife, Irina Vyacheslavovna Malandina, in 2007. Together, they have five children named Arina, Ilya, Anna, Sofia, and Arkadiy.
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According to reports, Malandina and Roman’s divorce settlement was worth 5.5 million Euros. Roman’s affair with Dasha Zhukova, who was barely 25 at the time he began dating her, led to the dissolution of his second marriage. Their relationship made news everywhere.
In 2008, he married his fiancée Dasha Zhukova, but unhappily their marriage also failed, resulting in their divorce this year. The couple was parents to two children. Presently, he resides in London, United Kingdom.
Conclusion
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