Roman Abramowitsch Fortune

Short introduction
Roman Abramovich, who was born in Russia but also has Israeli citizenship, is taken into account one among the richest men within the world. The graduate engineer founded his first company at the age of 21. He quickly acquired a steadily growing fortune, primarily through business within the oil sector. However, he’s known to several mainly due to his commitment because the owner of English football club Chelsea FC.

Early life
Roman Abramovich was born in Saratov in 1966. His mother died when he was one and a half years old, his father when he was four years old. He grew up together with his uncle, who was an oil engineer, up to the age of eight. He later moved to a different uncle in Moscow, where he studied engineering after school. He founded his first company in 1987, which, however, only produced rubber ducks or soccer balls. Nevertheless, the cornerstone for his career as an entrepreneur was laid. Between 1993 and 1996 he took over the management of the Moscow office of an oil trading company from Switzerland. From then on he had a foot within the Russian refining industry , which established his later immense wealth. The clincher was that he met Boris Beresowski in 1992, who at the time was both an influential entrepreneur and an official in Russia, which was in transition. By becoming his partner, Roman Abramowitsch gained access to the foremost important contacts within the country in politics and business.

Career
So he built up an outsized empire alongside Boris Beresowski. the foremost important company among them was Sibneft, Russia’s fifth largest company at that point . But an airline, a auto company and lots of other companies quickly became a part of Abramovich. He was also influential politically during this point and is taken into account one among the pioneers of the change of power in Russia from Boris Yeltsin to Putin . Of course, this proximity to the new head of state of Russia also provided many advantages in Roman Abramovich’s economic activities.

At that point , he mainly addressed the most important Russian refinery in Omsk. This later became the guts of the Sibneft group, which Roman Abramowitsch had sold to Gazprom for an extended time. When Mikhail Khodorkovsky – another Russian oligarch – was tried, Roman Abramovich began to sell most of his shares within the company to other Russian companies. However, he remained active with companies in Russia.

However, his career also spanned an extended time as governor during a Russian province. From 2000 to 2008 he was governor of the Chukotka region. additionally to his hobbyhorse, the Chelsea FC football club in England, he also invested several million of his wealth within the infrastructure therein region, like in hospitals, streets and social facilities.

After a few years within the UK, he recently didn’t renew his application for a residence permit. He actually wanted to maneuver to Switzerland, where he was rejected as a threat to Switzerland’s reputation. Abramovich is repeatedly related to concealment . So he settled in Israel and also received their citizenship, that as son of Jewish parents no further special conditions had to be fulfilled.

Capital: € 12.5 billion
Age: 53
Born: 10/24/1966
Country of origin: Soviet Union
Source of wealth: Entrepreneurs
Last updated: 2020

Career highlights
He would definitely consider the acquisition of Chelsea FC in 2003 and every one the successes related to it because the highlight of his life. In turn, winning the Champions League in 2012 – within the final in Munich against FC Bayern based there – should be considered the best success.

Overall, however, Roman Abramowitsch’s entire career are often seen as one success story. As an early orphan, having made it into one among the richest men within the world, and with none significant start-up capital, is a particularly impressive vita.

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