Roman Abramovich is the 9th richest Russian with an estimated net worth of USD 8 billion.
Through his Millhouse Capital he holds several stakes in international companies. In 1988 he and his wife set up a company making dolls, which was an immediate success. Within a few years he also started investing in other businesses. From 1992 to 1995, Abramovich founded five companies that conducted resale, produced consumer goods, and acted as intermediaries, specializing in the trading of oil and oil products. Abramovich set up and liquidated at least 20 companies during the early 1990s, in sectors as diverse as tire retreading and bodyguard recruitment.
In 1995, Abramovich and Boris Berezovsky, an associate of President Boris Yeltsin, acquired the controlling interest in the large oil company Sibneft (now called Gazprom Neft). Each partner paid USD 100 million for half of the company and rapidly turned it into billions. Abramovich sold his stake in Russian Aluminum to billionaire Oleg Deripaska and his stake in Sibneft to Gazprom for USD 13 billion in 2005.
Abramovich owns a Boeing 767 private jet (registered as P4 -
Roman Abramovich is owner of some of the worlds largest superyachts. Abramovich actually owns the world’s largest yacht (162 meter): motor yacht Eclipse. Abramovich also owned motor yacht Luna (115 meter) and gas turbine powered yacht Sussurro. He has owned the following motor yachts: Pelorus (115 meter) which he sold to David Geffen, Le Grand Blue (112 meter) and Ecstasea (85 meter). The value of the yacht Eclipse are estimated at USD 500 million.
Roman Abramovich owns several houses, or residences, around the world.
US$ 200 Million London House
On of his most expensive real estate is his Lowndes Square, London apartment. Lowndes Square is an expensive residential community in Belgravia, London. Abramovich purchased six adjoining flats over the years at this address. He plans to transform the flats into a single home. It will have a value of around US$ 200 million when completed.
US$ 75 Million New York Mansion
In 2013 Abramovich purchased a mansion on 828 Fifth Avenue in New York. He paid US$ 75 million, a record price for a housing cooperative building. The mansion was built in 1886 for Edward Berwind and is therefore known as the Berwind Mansion. In 2014 some legal troubles occurred with the purchase, as the previous owners’ widow, Angelika Ivanc, is challenging the sale in court, trying to get even more money.
West Sussex Estate
Abramovich owns another UK property: Fyning Hill estate in West Sussex. It is a seven bedroom house with polo pitches, a clay pigeon range, a trout lake, a private go-
In the South of France, or more precise in Cap D’Antibes, Abramovich owns the Chateau de la Croë. Previous residents in this castle were The Duke of Windsor, Aristotle Onassis and Stavros Niarchos. Abramovich is rumored to have spend more than US$ 40 million on the renovation of Chateau de la Croë. Abramovich has another Mediterranean area property, as he owns Villa Bover, on Lake Garda, Italy’s largest lake. He purchased Villa Bover from famous Formula 1 driver Michael Schumacher for a report amount of US$ 24 million.