Thursday, March 15, 2007

Russian Billionaire Could Battle With Wife Over Billions

Russian Billionaire Could Battle With Wife Over Billions

March 15, 2007 — The richest man in Russia (and the 16th richest man in the world) is set to battle with his ex-wife over an estimated fortune of $18.7 billion. His wife could lay claim to his houses, yachts and his Chelsea soccer team

Read the full article from ABC News here

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Sunday, March 4, 2007

Roman Abramovich is no longer Russia’s richest man

Roman Abramovich is no longer Russia’s richest man

Feb, 2007

Roman Abramovich is no longer Russia’s richest man, says Finance magazine (Russia) that will publish its full list of Russian billionaires on February 12.

Finance has not announced yet who replaced Abramovich at the top position, however, it must be someone from metallurgical industry: Mikhail Prokhorov or Vladimir Putin, who are dividing their Nornickel, or Vladimir Lisin, owner of the Novolipetsk Metallurgical Works, says this report

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Roman Abramovich to Buy London Mansion for $98 Million

Russian billionaire Roman Abramovich has agreed to buy bankrupt boss Halis Toprak’s London mansion for $98 million.

Feb 2007

Halis Toprak, whose bank collapsed in 2001, owes the Savings Deposit Insurance Fund (TMSF) a total of $453 million. To clear the debt partly, had decided to sell his 30,000 sq. ft. home in London to Abramovich. With the sale now underway, 25 percent of the proceeds will be paid directly to the TMSF, with the rest going to other creditors.

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