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Home Entertainment, Arts and Culture Sports

Chelsea’s billionaire owner Abramovich leads Europa League title celebration

Climax Entertainment by Climax Entertainment
3 years ago
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Chelsea’s billionaire owner Abramovich leads Europa League title celebration
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Chelsea owner Roman Abramovich was in the stands in Baku on Wednesday night to watch his first competitive Blues game in more than a year.
The 52-year-old Russian billionaire has not been seen at a first-team game since issues over his UK visa arose last summer.

The win means Chelsea have won three European titles in seven years, with the Champions League triumph in 2012 followed by their first Europa League victory in 2013.

According to Forbes as of May 2019, Abramovich’s net worth was US$12.9 billion in 2019 making him the last richest person in Israel, 11th-richest in Russia, and the 140th-richest person in the world.

He has donated more money than any other living Russian, with donations between the years 1999 and 2013 of more than US$ 2.5 billion to build schools, hospitals, and infrastructure.

Abramovich has not always being a billionaire, he started his multi-billion-dollar business during his army service. Abramovich first worked as a street-trader, and then as a mechanic at a local factory.

At the peak of perestroika, Abramovich sold imported rubber ducks from his Moscow apartment. Abramovich attended the Gubkin Institute of Oil and Gas in Moscow (where he sold retreaded car tires as a sideline ), then traded commodities for Runicom, a Swiss trading company.

In 1988, as perestroika opened up opportunities for privatization in the Soviet Union, Abramovich got a chance to legitimize his old business. Within a few years, his wealth spread from oil conglomerates to pig farms. He also started investing in other businesses.

At the age of 30, Abramovich had become so rich and politically well-connected.

Chelsea has won 18 major trophies since Roman Abramovich took over.

Tags: BillionaireChampions LeagueChelseaEuropa LeaguefeaturedIsraelRoman AbramovichRussiaUKVisa
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