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Russian Roman Abramovich’s assets include more than 70 properties valued at R$1.6 billion – Small Businesses Big Business

by Ursula Curtis
March 23, 2022
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The wealth of Russian billionaire Roman Abramovich has not been revealed. This Tuesday (22/3), a Guardian report indicated that the oligarch owns 53 luxury mansions in the UK. Along with 17 commercial properties and land, the properties are valued at more than 250 million pounds (1.6 billion Brazilian reals).

Roman Abramovich (Photo: Alexander Hasenstein – UEFA/Contributor/Getty Images)

The billionaire is famous for owning the football team Chelsea Football ClubWith a value of 3.1 billion pounds (20 billion Brazilian riyals). After the Russian invasion of Ukraine, the British government punished Abramovich, who was banned from taking the position of team manager he has owned since 2003. Now, he is studying proposals to buy the team.

according to daily MailThe billionaire’s only residence in England was thought to have been a £150m mansion next to Kensington Palace (Prince William’s official residence) and a bulletproof shed next to the Prince’s residence. Chelsea, worth 22 million pounds (143 million Brazilian riyals). He will also own yachts, private planes, helicopters and cars with a total value of 1.2 billion pounds.

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This Tuesday, published by the Organized Crime and Corruption Reporting Project Press Consortium, released by Watchman For his part, he indicated that he owns 41 apartments in the Chelsea Village complex worth 50 million pounds (326 million Brazilian riyals), including the penthouse.

According to the consortium’s investigation, he also has properties across Europe and the United States valued at £200 million, as well as two trust funds in Cyprus worth £1.3 billion. Among the houses is the Château de la Croix, in the Cote d’Azur region of France; Village near St. Tropez. Farm in Aspen and hotel in Tel Aviv.

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The Russian billionaire’s estate is uncertain, but his company Millhouse Capital has more than $760 million on hold, including the Four Winds Plaza office building, an office and a cluster of residences in Moscow, as well as the Kristall Hotel.

The findings regarding Abramovich and other Russian billionaires call into question the effectiveness of sanctions applied by NATO countries in response to Russia’s invasion of Ukraine, such as efforts to freeze bank accounts and seize their residences in the country, as their assets are scattered across the country. Globalism.

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Ursula Curtis

“Writer. Analyst. Avid travel maven. Devoted twitter guru. Unapologetic pop culture expert. General zombie enthusiast.”

Ursula Curtis

Ursula Curtis

"Writer. Analyst. Avid travel maven. Devoted twitter guru. Unapologetic pop culture expert. General zombie enthusiast."

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