Russian billionaire Roman Abramovich, owner of English Premier League's Chelsea FC, is understood for his mind-boggling
Roman Abramovich, a Russian-Israeli billionaire, is widely known for his vast wealth and extravagant lifestyle. Over the years, Abramovich has made headlines for his lavish spending on various assets, investments, and personal interests. Here's a breakdown of how Abramovich has been known to spend his billions:
1. **Yachts**: Abramovich is famous for his collection of luxury yachts. He has owned several super-yachts over the years, including "Eclipse," one of the world's largest and most expensive private yachts. The cost of maintaining and upgrading these yachts runs into hundreds of millions of dollars.
2. **Properties**: Abramovich owns an impressive real estate portfolio that spans across the globe. He has acquired multi-million-dollar properties in some of the most exclusive locations, including London, New York, the French Riviera, and the Caribbean.
3. **Private Jets**: Abramovich owns a fleet of private jets, allowing him to travel around the world in luxury and style. These aircrafts are equipped with state-of-the-art amenities and personalized features.
4. **Art Collection**: Abramovich has a passion for art and has invested heavily in acquiring valuable and rare pieces of art. His art collection is believed to be worth hundreds of millions of dollars and includes works by renowned artists like Francis Bacon, Lucian Freud, and Roy Lichtenstein.
5. **Sports**: Abramovich is the owner of Chelsea Football Club, one of the most successful and popular football clubs in the world. Since acquiring the club in 2003, he has invested heavily in players, coaches, and infrastructure, transforming Chelsea into a dominant force in European football.
6. **Philanthropy**: Despite his extravagant spending, Abramovich is also known for his philanthropic activities. He has donated substantial sums to various charitable causes and organizations, focusing on education, healthcare, and disaster relief efforts.
7. **Business Investments**: Apart from his personal assets and interests, Abramovich has made strategic investments in various businesses and industries, both in Russia and internationally. His investment portfolio includes stakes in energy, mining, technology, and real estate sectors.
It's important to note that while Abramovich's spending habits have made headlines, he is also a savvy businessman who has built his wealth through smart investments, strategic acquisitions, and successful business ventures.
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