Tuesday, June 24, 2014

Roman Abramovich is a Russian businessman and owner of the private investment company Millhouse LLC. At 47, he has managed to become the 5th richest in his country and the 50th richest in the world. With an estimated fortune of $14.2 billion, as of last count. He started on this wealthy path when he was in the Soviet army. He went from street vendor to mechanic and later sold imported rubber ducks from his home in Moscow. Once privatization opened up in 1988, he and his then wife-Olga, began making dolls. He diversified quickly and became involved in oil conglomerates, pig farms and about 20 other companies during the 90s.
In 1995, Abramovich and Boris Berezovsky (Boris Yeltsin’s associate) became majority owners of Sibneft, a large oil company. The investment rapidly turned into billions and he continued to become more and more business savvy. He became close with the Yeltsin family and in 1999 he was elected governor of Russia’s remote province of Chukotka. Records have it that he has spent over $1.3 billion of his own money to rebuild the impoverished area.
Today, he is known as a magnanimous leader who cares about those less fortunate. Of course, when he isn’t attending to all of that, he is hanging out on one of his superyachts, jets, submarines or racing one of his ? autos. He loves big, expensive toys and up until last year, his megayacht Eclipse, was the largest in the world.


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