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|Abramovich in 2007|
|Birthday/Birthplace||Roman Arkadyevich Abramovich
24 October 1966 (1966-10-24)
Saratov, Russian SFSR, Soviet Union
|Lives Where||Chelsea, London, England, United Kingdom|
|Profession(s)||Businessman, entrepreneur, politician|
|Net worth||US$9.1 billion (Forbes 2017)|
|Wife/Husband||Olga Lysova (m. 1987–90)
Irina Malandina (m. 1991–2007)
Dasha Zhukova (m. 2008–17)
|Governor of Chukotka|
17 December 2000 – 3 July 2008
|Preceded by||Alexander Nazarov|
|Succeeded by||Roman Kopin|
Román Arkádievich Abramóvich (Russian: Роман Аркадьевич Абрамович; Saratov, USSR, October 24, 1966) is a Russian billionaire whose dividends come mainly from oil. He is seen as one of the greatest Russian oligarchs, although his success is attributed to his privileged relations with Moscow’s power circles.In the West, he is best known for owning an England football team, Chelsea Football Club, since 2003. Its oil company Sibneft, which sold in 2005 to Gazprom, had a sponsorship agreement with CSKA Moscow, although after the sale of the company, the sponsorship agreement was canceled, since Gazprom is the sponsor from Zenit St. Petersburg.
Román Abramóvich, served briefly in the Soviet Army during the year 1985, after which he went to work in a local factory. Towards 1987, Abramóvich married Olga Yúrievna Lysova, a wedding of which, the couple, as a present, perceives a profit of what at the time was about 2000 USD, a figure that Abramóvich invests in a series of properties of the market illicit real estate. Through several financial movements, it finally manages to double and even triple the profits, forms a cooperative, with a business selling auto parts as a beneficiary, from which it obtains the interests of the cooperative and profits, after which it sells the business and several investors set up a plastic toy factory.
It should be noted that due to the socialist system that governed the USSR, any private initiative in the country was illegal, which is why all the businesses and movements of Abramóvich in those years could be considered part of unofficial markets. to say, outside the Soviet legality, that centralized all property or existing assets throughout the national territory.
It is then when, with the arrival of Perestroika, the internal economic reform of the Soviet Union, Abramóvich legitimizes all his business and proceeds to diversify into several sectors, managing to enter the oil industry, as an investor and in this way to beginning of the nineties, has a notorious amount of capital with which to carry out projects.
Throughout the 1990s, Abramóvich succeeded in establishing and liquidating a total of 20 companies, which allowed him to earn notable profits, and from 1992 to 1995, he founded and managed five companies that were responsible for the resale of products, the commercialization and production of consumer goods, then becomes an intermediary within the oil industry, until finally they are fully dedicated to the commercialization of petroleum and its derivatives. It also highlights in 1992, the fact that because of a series of administrative errors committed by the American-Latvian company, Chikora International, a cargo under its custody, to be sold in Kaliningrad, ended up being sent to Riga. Accused of theft of state property, he was detained by the Russian police, leading to his brief arrest, which culminates after he collaborates with the authorities and Chikora International, is forced to pay compensation to the State.
In 1995, together with his partner, Boris Berezovski, a former partner of President Boris Yeltsin, he acquires a majority stake in an oil company called Sibneft, an acquisition that takes place under the controversial Program of loans in exchange for shares, that allows Abramóvich and Berezovski to acquire the majority shareholding, in exchange for 100 million dollars each, when the real value of the shares, dictated that in fact, each one must have paid 150 million USD, to cover its real value .
The profits for the acquisition of Sibneft were huge and fast. Soon, Abramóvich, not only recovered his investment, but he obtained high profits. With these resources and those generated by other investments, he focused his business on the massive acquisition of privatized companies and state companies during Borís Yeltsin’s government, of which he was very close.
Thus, at the beginning of the 21st century, Abramóvich, had become the richest man in Russia and one of the richest in the world, reaching its peak in 2006, when he was cited by Forbes magazine as the eleventh highest Fortune of the world.
The Guardian concludes about his business career:
In 1996, at the age of 30, Abramóvich had become so rich and politically influential, that he had become the man closest to President Boris Yeltsin, and had moved into an apartment in the Kremlin at the invitation of the presidential family. In 1999, already a tycoon, Abramovich was elected governor of the remote Russian province of Chukotka, and since then he has lavished £ 112 million (€ 132 million) in charity for the reconstruction of the impoverished region. The image of an influential and self-made magnate, powerful and wealthy, was the result of the very conscious processes that benefited him so much during the tumultuous 1990s, when the Soviet Union fell.
It was said that in 2007 he bought, for the sum of 50 million euros, the Bran Castle, in the Romanian city of Braşov, home of Vlad Draculea, better known as Dracula. However, the sale did not take place and the current owner of the castle, Dominico of Austria-Tuscany, seems to have resigned himself to keeping it in a consortium with the local authorities. It is said that despite its tourist hook, Bran was a property difficult to sell because the deal required a respectful management that prevented its exploitation as a theme park on the character of Dracula.
Equally well-known is his fame, because of his taste for yachts, standing out the “Le Grand Bleu”, which is 112 m, launched in 2000, from a German shipyard. Its equipment includes a helicopter, a large sailboat loaded on the deck and even a small submarine. Another of its yachts is the Pelorus, which measures 115 meters. It was launched in 2003 and built in the Lürssen shipyard in Bremen, Germany. It has a restaurant, gym and two heliports. Currently, it has the Eclipse megayacht, which measures 162.5 meters in length, has 2 helipads and a mini-submarine, and a Boeing 767-300 aircraft that, in passenger configuration, can accommodate 112 more flight crew.
Incursion in politics
Abramóvich has been involved in politics for the past ten years. He was elected in 1999 representative in the Duma or Parliament of Chukotka, a region in the Far East of Russia. In December 2000 he was elected governor of that region, and in 2005, Russian President Vladimir Putin renewed him in office for a second term. In the meantime, the Russian law had been changed in such a way that the governors would no longer be elected by the inhabitants of their regions, but by the president of the nation. In July 2008, Abramóvich left this political position.
Activity in the world of football
Thanks to his extraordinary fortune, Abramóvich has been able to turn his interest (and his money) into his favorite hobby: football.
In June 2003 he bought the Chelsea football club, paying off the debt that gripped him and investing large amounts of money in the team to buy some of the best players in the world, spending around 166 million euros, and more of one billion euros in the 13 years of management. The results have been almost immediate, because since then Chelsea has won the English FA Premier League five times. Some have criticized Abramóvich’s activity at Chelsea, claiming that his spectacular purchases have inflated the player market in Europe. Abramóvich has been directly involved in the team, since he is present from the rostrum almost all his matches with his peculiar coat with the Chelsea shield.
In 2008, Chelsea reached the UEFA Champions League final for the first time, in which they were defeated by Manchester United on May 21 in Moscow, putting an end to Abramóvich’s dream of winning the biggest European football award in Europe. His land, until May 19, 2012, Chelsea achieves its European dream after defeating Bayern Munich, tying the game with a 1-1 result and then with a score of 4-3 in the penalty shootout where the decisive goal, like the draw, was scored by Didier Drogba.
His company Sibneft also owned the Russian team CSKA Moscow, which has cost him UEFA investigations into possible conflicts of interest, since the rules of European football prevent the same owner from owning two teams in the competition European.
Abramóvich lost his mother at 18 months and his father at four years. His paternal uncle raised him in the city of Ujtá, in the Russian region of Komi, in the far north of Russia.
Abramóvich has been married three times; While his first wife is virtually unknown, the second (Irina) reached notoriety, especially when he divorced him (2007) and received half of his fortune as compensation. They had decided to separate after fifteen years of relationship and five children in common.
Currently Abramóvich maintains a courtship with the young Daria Zhúkova, art aficionado, who has supported the opening of a gallery in Moscow: The Garage. It has been related to this project the purchase by Abramóvich of two paintings, by Lucian Freud and Francis Bacon, for which he paid about 76 million euros.
On April 30, 2012, the entry of the Russian tycoon into Formula 1 became official, as the soccer club he owned became one of the biggest sponsors of the Sauber F1 Team, and the progressive purchase of the team by the English club.
Roman Abramovich Net Worth – $10 Billion
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