We bring to you Roman Abramovich net worth
Abramovich is the primary owner of the private investment company Millhouse LLC, and is best known outside the UK as the owner of Chelsea F.C., a Premier League football club. He was formerly governor of Chukotka Autonomous Okrug from 2000 to 2008.
According to Forbes, Roman Abramovich net worth is US$12.9 billion in 2020 making him the richest person in Israel, 10th-richest in Russia, and the 113th-richest person in the world.
Roman Abramovich Profile
Abramovich’s family is Jewish and are originally from Tauragė, Lithuania.
His father was a state office manager while his grandfather was a businessman.
Roman Abramovich net worth
Having lost both parents before the age of 4, Abramovich was raised by relatives and spent much of his youth in the Komi Republic in northern Russia.
Abrahamovich has been married three times and it all ended in divorce.
Abramovich first worked as a street-trader, and then as a mechanic at a local factory. At the peak of perestroika, Abramovich sold imported rubber ducks from his Moscow apartment.
Abramovich attended the Gubkin Institute of Oil and Gas in Moscow where he sold retreaded car tires as a side business, then traded commodities for Runicom, a Swiss trading company.
In 1988, as perestroika opened up opportunities for privatization in the Soviet Union, Abramovich got a chance to legitimise his old business. He and Olga set up a company making dolls. Within a few years his wealth spread from oil conglomerates to pig farms.
He has traded in timber, sugar, food stuffs and other kinds of products.Abramovich set up and liquidated at least 20 companies during the early 1990s, in sectors as diverse as tire retreading and bodyguard recruitment.
Roman Abramovich Net worth
Roman Abrahamovich net worth is $12.9 billion. he is one of the richest football club owners in the world
He invested and led a $30 million round of funding with businessman OD Kobo Chairman of PIR Equities. Other partners include several well-known people from the music industry, among them David Guetta, Nicki Minaj, Tiësto, Avicii, will.i.am, Benny Andersson, Dave Holmes .
Abramovich has invested in other startups in various fields. Among them is BrainQ, an Israeli startup which develops artificial intelligence-powered technologies to treat neurological disorders, such as stroke, spinal cord injury and traumatic brain injury. Also StoreDot, founded by Doron Myersdorf, where Abramovich has invested over $30 million
In June 2003, Abramovich became the owner of the companies that control Chelsea Football Club in West London.
The previous owner of the club was Ken Bates, who went on to buy Leeds United. Chelsea immediately embarked on an ambitious programme of commercial development, with the aim of making it a worldwide brand on a par with footballing dynasties such as Manchester United and Real Madrid, and also announced plans to build a new state-of-the-art training complex in Cobham, Surrey.
Abramovich purchased for $74 million and is combining four Upper East Side townhouses in Manhattan in New York City into a megamansion; 9, 11, 13, and 15 East 75th Street.The combined megamansion will be 19,400 square feet, and it is estimated that renovation costs will be an additional $100 million