Roman Arkadyevich Abramovich is a Russian oligarch, billionaire, businessman, and politician who was born in the city of Moscow. He was born on October 24, 1966, in Sratoy, Russia. He is currently 56 years old.

In the years following the demise of the Soviet Union, Abramovich gained himself by buying Russian state-owned assets at prices significantly below market value through Russia’s contentious loans-for-shares privatization scheme.

Former Russian President Boris Yeltsin and current Russian President Vladimir Putin were both confidants of Abramovich.

Abramovich is the founder and majority shareholder of Millhouse LLC, a private investment firm, and is best known outside of Russia as the owner of Chelsea, a Premier League football team.  he was the Governor of Chukotka Autonomous Okrug, From 2000 to 2008.

What Is Roman Abramovich’s Net worth?

According to a  report, Abramovich’s net worth was US$12.9 billion in 2019, making him Israel’s second richest man, Russia’s ninth richest man, and Portugal’s richest man.

According to reports, the majority of his money “derives from funds obtained from the sale of previously Russian state-owned assets he bought following the dissolution of the Soviet Union.”

he sold a 73 per cent stake in Russian oil company Sibneft to state-owned Gazprom for $13 billion in 2005. Evraz, Russia’s second-largest steelmaker, has Abramovich as its major shareholder.

He is also a shareholder in Norilsk Nickel, the world’s largest refiner of nickel, as well as Chelsea Football Club in London. Dividends and sales of privatized assets acquired from the former Soviet Union, such as Sibneft and Aeroflot, helped him build his fortune.

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