Roman Abramovich is a billionaire businessman and the richest man in Russia. His net worth is estimated to be around $13 billion, making him one of the wealthiest individuals in the world. He is well known for his investments, sports teams, political involvement, charity work and philanthropy. In this article we will take an in-depth look into Roman Abramovich’s life and career, focusing on his net worth and assets.
Abramovich was born in Saratov Oblast, Soviet Union (now Russia), on 24 October 1966. Growing up, he attended school in Ukhta, Komi ASSR where he learned the basics of business. After completing school, he worked at several factories before joining the army in 1986.
Start of Business Career
In 1988, after leaving the army, Abramovich decided to become an entrepreneur and started his first company selling rubber ducks. This venture proved successful and enabled him to set up other companies, such as Sibneft Oil Company and Millhouse Capital Management. By 1996, he had made a name for himself in the Russian business world.
In 1999, Abramovich became governor of Chukotka Autonomous Okrug and held this position until 2008. During this time, he invested millions of dollars into the region’s infrastructure, health care and education systems.
Abramovich has donated large sums of money to various charities over the years. Most recently, he has been involved with The Giving Pledge, an organization which encourages wealthy individuals to give away half their wealth during their lifetime or upon death.
One of Abramovich’s main sources of income is through his investments. He holds stakes in numerous companies including Gazprom Neft, Evraz, Norilsk Nickel, Mail.ru Group and many more. In total, these investments are thought to be worth around $10 billion.
The billionaire also owns multiple football clubs, including Chelsea FC in England and CSKA Moscow in Russia. He purchased Chelsea in 2003 for £140 million and it is now worth around £1 billion due to its success under his ownership.
When it comes to real estate, Abramovich owns some of the most luxurious properties around the globe. These include homes in London, Los Angeles, St Barts and New York City, among others. In addition, he owns five yachts and two airplanes – a Boeing 767 and Gulfstream G550 jet.
As well as donating huge amounts of money to charity, Abramovich supports various philanthropic initiatives. He has set up foundations such as Project 5-100 and invests heavily in research projects which aim to improve healthcare outcomes across Russia.
Roman Abramovich has established himself as one of the most powerful businessmen in Russia and is considered by many to be the country’s richest person. Thanks to his smart investments, extensive real estate portfolio and generous philanthropic activities, his net worth is estimated to be around $13 billion.