Roman Abramovich Net Worth – Total Assets Under Management!

Roman Abramovich

Overview

Roman Abramovich

Net Worth: $13 Billion
Date of Birth: Oct 24, 1966 (55 years old)
Gender: Male
Profession: Politician, Businessperson, Investor
Nationality: Russia

How much is Roman Abramovich Net Worth?

According to Forbes, Roman Abramovich is an Israeli-Russian tycoon with a net worth of $14 billion. Although Abramovich is a well-known person in Israel and Russia for his role in politics and business, most people recognize him as the former owner of Chelsea F.C. in the English Premier League. Abramovich has, at times, been the wealthiest individual in Israel because of his enormous fortune.

He is also Russia’s tenth-richest citizen and the world’s 113th-richest. Before the 2008 financial crisis, reports suggested that Abramovich’s net worth was substantially more than previously reported. After the crisis, he lost billions.

He is a Russian millionaire who is known for his philanthropy. More than $2.5 billion of Abramovich’s money has purportedly been contributed to the development of schools and infrastructure in Chukotka, a Russian federal subject that he formerly ruled over.

Abramovich has gained a reputation for being a jerk for several years. “Oligarchs,” as they’ve known, are said to have made their money by selling off Russian state-owned assets after their country’s demise.

The Infancy

On October 24, 1966, Abramovich was born in Saratov, the Soviet Union, to Roman Arkadyevich Abramovich. Roman’s parents had both died by the time he was four years old. Lithuanian-born Abramovich’s parents were exiled to Siberia during the Soviet takeover of Lithuania. He learned about the Gulag experience through his grandpa, who was also sent there. When the Soviet Union began to disintegrate and capitalism seeped in, he built his fortune by selling products on the street as a street trader. Rubber ducks and tires were among the first big commercial successes.

Rise to the Top:

Roman Abramovich

Roman Abramovich became one of the wealthiest individuals globally after establishing tight relationships with Russian government leaders, which allowed him to expand his participation in the oil business. Russian oil business Sebneft was purchased by Abramovich in 1995, with the Russian billionaire owning a controlling stake in the corporation. Later, he made significant investments in the Russian steel industry. Roman’s acquisition strategy has changed in recent years, focusing increasingly on digital startups.

Chelsea F.C.’s ownership structure

Roman Abramovich bought Chelsea Football Club in 2003, making him the club’s owner. Roman has put millions of dollars into the club over the years, signing high-priced players and assisting Chelsea in their ascent to the pinnacle of contemporary soccer’s affluence. Chelsea F.C. is valued between $1 and $2 billion as of this writing.

A nonprofit trust would get Roman’s Chelsea ownership stake, revealed on February 26, 2022.

Roman Abramovich – Collection of Art

The pricey personal art collection of Roman Abramovich is well recognized. In 2008, he paid $86.3 million for a Francis Bacon artwork at auction. He also paid $33.6 million for a Lucian Freud painting. In addition, he supports several public exhibitions.

Collection of Yachts

Abramovich has amassed a “fleet” of yachts worth hundreds of dollars, making him the world’s largest spender on the luxury watercraft. There are two swimming pools, two helicopter landing pads, and a detachable submarine aboard Eclipse, which was previously the biggest privately owned yacht in the world. It was a custom-built yacht that cost Abramovich roughly $400 million. He now owns it.

Five yachts formerly owned by Abramovich, including the Luna (which sold for $360 million), have been sold by the Russian billionaire. When Abramovich divorced his ex-wife, he gave her the Pelorus, an equally spectacular boat, as part of the divorce settlement. For $300 million, she then sold the ship she had owned.

Roman Abramovich – A collection of Planes

Roman Abramovich also owns a private aircraft fleet. The Bandit, a Boeing 767-33A/ER, is perhaps his most remarkable aircraft. Abramovich bought the plane from Hawaiian Airlines and had it modified to suit his specific requirements. The aircraft has a dining area that seats 30 people and first-class restrooms. Like those seen on Air Force One, advanced missile avoidance technologies are also included in The Bandit.

Collection of Motor Vehicles

Over $11 million is estimated to be the value of Abramovich’s vehicle collection. A 190-mph Ferrari FFX, one of just 29 made, is among his best-known automobiles. He also has a Pagani Zonda Roadster, which is a limited-edition model. Only 15 of them were ever made. Roman also has a Bugatti Veyron, Mercedes AMG GT3, and an Aston Martin Vulcan in his garage.

Roman Abramovich – Purchasing and Selling a Home

Russian billionaire Roman Abramovich’s real estate holdings are worth an estimated 340 million pounds. There are just too many properties to mention them all. However, one of his most significant buys is four adjoining mansions on Manhattan’s Upper East Side. Abramovich paid $74 million buying the four properties and intends to turn them into one “urban castle,” as the media has nicknamed it. At $100 million, renovation expenditures were expected to surpass the value of the houses.

He also owns a former hotel on the French Riviera known as the Cote d’Azur. Abramovich paid just over 17 million pounds for the 12-bedroom property. The millionaire will utilize the hotel as a secret vacation spot. The Royal Family used to stay here often. A European court ordered Abramovich to pay an extra 1.2 million Euros in property taxes because he undervalued the property between 2006 and 2007. London’s Kensington Palace Gardens is also home to a large, 125-million-pound residence owned by Abramovich. A Chelsea waterfront three-story penthouse valued at $30 million is also included in the 30-million-pound London property portfolio.

Reports about Abramovich’s purchase of a large property in Israel for $65 million surfaced in 2020. The acquisition shattered Israeli real estate records, which was the most significant residential real estate transaction in history. Abramovich settled in 2008 for a 200-acre, $18 million ski ranch in Colorado after wanting to acquire the whole ski town of Beaver Creek, Colorado. An additional $5.6 million was spent on purchasing an entire ski resort in the immediate area.

The list is endless… An estate in St. Bart’s worth 54 million pounds is part of Abramovich’s real estate holdings. On top of that, Abramovich bought Gal Gadot and her husband’s Tel Aviv hotel for $17 million. While divorcing, he had to give over an estate in West Sussex valued at $18 million. Among Abramovich’s numerous famous assets, here is only a tiny sample.

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