BillionaireNet
family
R
Rank #364
RUSSIAMetals & MiningSteel, investments

Roman Abramovich & family

Net Worth
$9.155B
0% (24h)
Roman Abramovich, born October 24, 1966, is a prominent figure in the business world, with a net worth of $9.2 billion. His wealth stems from diverse sources, including steel and investments, spanning a career marked by both significant achievements and controversies. Abramovich gained prominence through his involvement in the oil industry, acquiring assets during the privatization period following the collapse of the Soviet Union. His career includes a stint as Governor of Chukotka. Known for his ownership of Chelsea Football Club, Abramovich's impact extends beyond business, touching philanthropy and politics.

The Full Dossier

Early Life and Education

Roman Arkadyevich Abramovich was born in Saratov, Russia, on October 24, 1966. Orphaned at a young age, he was raised by relatives. Abramovich studied at the Gubkin Institute of Oil and Gas in Moscow. He later earned a degree from the Moscow State Law Academy.

Rise to Success

Abramovich's business career began in the post-Soviet era. He started by trading commodities before venturing into various sectors. His acquisition of Sibneft, an oil company, through a controversial privatization process, became a cornerstone of his wealth. He expanded his business interests, including investments in steel, mining, and other industries. He became the owner of Chelsea Football Club in 2003.

Key Business Strategies

Abramovich's success is attributed to his ability to identify and capitalize on opportunities. His strategies included strategic acquisitions, such as Sibneft, and diversification into various sectors. Furthermore, his ownership of Chelsea allowed him to build an international brand.

Philanthropy

Abramovich has been a significant philanthropist, donating billions to various causes. He invested heavily in the Chukotka region of Russia, focusing on infrastructure and social welfare. He also supports projects related to Jewish culture and heritage.

Career Timeline

2005

Sold Sibneft

Sold his stake in Sibneft to Gazprom for $13 billion.

2003

Acquired Chelsea Football Club

Purchased Chelsea Football Club, transforming it into a global sports brand.

1999

Elected Governor of Chukotka

Elected as the governor of the Chukotka Autonomous Okrug, an impoverished region in Russia.

1995

Acquired Sibneft

Acquired a controlling interest in the oil company Sibneft, which became a major source of wealth.

Philanthropic Impact

Regional Development$1.3B

Investment in Chukotka

Invested over $1.3 billion in the Chukotka region, focusing on infrastructure and social welfare.

Wealth Trajectory