Roman Abramovich Net Worth and Wealth Overview
Roman Abramovich is a Russian-born billionaire and former owner of Chelsea FC, with a net worth estimated around 11 billion dollars by Forbes as of the latest public rankings. His wealth primarily comes from oil, aluminum, and investments through Millhouse LLC, a private investment vehicle he controls Forbes profile.
Abramovich's net worth has fluctuated due to sanctions, asset freezes, and the sale of Chelsea in 2022 for 4.25 billion dollars to a consortium led by Todd Boehly Chelsea sale. Despite the loss of the club, he remains one of the wealthiest individuals in Russia and Europe, with diversified holdings across metals, oil, and real estate.
Roman Abramovich Business Empire and Companies
Abramovich built his fortune through Sibneft, a major Russian oil company he acquired in the 1990s and later sold to Gazprom Neft for over 13 billion dollars in 2005. He also held stakes in aluminum giant RUSAL and has interests in Evraz, a steel and mining company listed on the London Stock Exchange SEC filings.
Millhouse LLC serves as the central hub for Abramovich's private investments, managing assets in energy, metals, and real estate across multiple jurisdictions. The company has been involved in high-profile deals in London, Russia, and Cyprus, and remains a key vehicle for his wealth management FT profile.
Roman Abramovich Sanctions, Chelsea Sale, and Current Status
Following Russia's invasion of Ukraine in 2022, the European Union and the UK imposed sanctions on Abramovich, freezing his assets and restricting his financial operations. Chelsea FC was sold to a consortium led by Todd Boehly and Clearlake Capital for 4.25 billion dollars, with proceeds directed to charitable causes related to Ukraine BBC report.
Abramovich remains subject to sanctions, and his current legal and financial status continues to evolve as authorities assess frozen assets and ongoing investigations. His business activities now focus on existing holdings in metals, oil, and real estate outside the scope of the sanctions regimes Reuters.
