Abramovich: The Billionaire from Nowhere

Abramovich: The Billionaire from Nowhere

Dominic Midgley, Chris Hutchins

Language: English

Pages: 184

ISBN: 1908291583

Format: PDF / Kindle (mobi) / ePub

Roman Abramovich, the billionaire owner of Chelsea FC, was a penniless orphan who rose from the ashes of Soviet Russia to become one of the richest and most powerful men in the world. His fascinating life story has been shrouded in mystery – until now. Journalists Dominic Midgley and Chris Hutchins get to grips with the Russian boss of Chelsea FC, who has revolutionised English football since he bought the club in the summer of 2003, since when it has won two Premiership titles. Every aspect of his past, present and future is examined – his upbringing, including his Jewish background, the friendships that helped him break into the top ranks of the Kremlin, his leading role in the rise of the oligarchs in Russia, the business deals that made him a fortune in less than ten years, and the ambition that promises to make him as big a name in the West as in his homeland. Using exhaustive primary research, the authors uncover the exclusive stories behind the billions Ambramovich made in Russia as Western-style capitalism was introduced by President Putin. They also investigate his reasons for investing part of it in a fashionable London football club. The rise of Roman Abramovich from provincial orphan to one of the most powerful men in Russia is a story that has all the ingredients of a thriller: risk-taking, courage, shrewdness, ruthlessness and, above all, a subtle and manipulative charm. An incredible story’ – Mail on Sunday; ‘Well researched and fluently written’ – The Times; ‘Draws a picture of a man of immense ruthlessness, nerve and charm . . . offers a Vanity Fair of Russian oligarchy’ – The Spectator; A superb insight into the Chelsea boss . . . a must read for both football fans and business tycoons’ – Sunday Business Post; ‘A well-researched investigation into the life and times of Chelsea’s owner’ – World Soccer; ‘The first sustained effort to uncover the making of Chelsea’s oligarch’ – Guardian’; ‘Authors Dominic Midgley and Chris Hutchins go to commendable lengths to tell the story’ – Sunday Times; ‘Where this book sets itself apart is in its quest to discover Abramovich’s true identity. Interviews with his childhood friends, neighbours and teachers in Russia offer an original perspective on the man while access to the informed such as Boris Berezovsky, his one-time mentor, provides a picture of a canny dealmaker and consummate politician’ – The Times’; ‘Most fascinating account . . . should be read by anyone not just with an interest in sport but also in business and in politics’ – Press and Journal.



















Rolls-Royce Phantom with the bur­gundy leather seats that was sitting in the window had been ordered by Kirzhnev. He had paid a �70,000 deposit on a car priced at �210,000 for which he had ordered �85,000 of extras including extra large wheels and armchair seats in the back. The first edition of this book had only been out for a month and already new sources were coming forward with more information about the richest man in the country and his family. Apart from the source with the aviation

Polina Deripaska, the Millfield-educated wife of his one-time part­ner in RusAl, Oleg Deripaska. The Deripaskas and the Abramovichs have long been friends and the former look set to spend more time in the UK following their acquisition of a �25 million Regency house in Belgrave Square in late 2004, to add to their existing home on the St George's Hill estate in the Surrey stockbroker belt town of Weybridge. Polina straddles two dynasties as, apart from being the wife of a man said to be worth �2

billion, she is also the step-daughter of Abramovich's old friend Tatyana Dyachenko, whose father - former President Boris Yeltsin - staged the privatisation programme that gave him the opportunity to make billions. Like the Abramovichs, the Deripaskas live in some style. Their dining arrangements are elaborate to the point that the family chef produces printed menus every day and Oleg commutes to and from Moscow in his own Dassault Falcon 900. Before the Birmingham match, Abramovich and Polina

NkAZ, Abramovich's aluminium portfolio was complete. In 2000, the Sibneft-owned KrAZ and NkAZ were merged with Deripaska's SibAl to form Russian Aluminium, or RusAl. The union of these two giant aluminium groups counts as the biggest merger in Russian history; the creation of a col­ossus that produces no less than seventy per cent of Russia's aluminium, ten per cent of the world's supply. And Abramovich's share was soon worth a cool $3 billion. CHAPTER SIX PLAYING POLITICS One sweltering

most of the light bulbs don't work. The family has long gone, Leib and Ludmilla having moved to the Kaluga district near Moscow in the Eighties. But their upstairs neighbours, Ivan and Ludmilla Lagoda, both lecturers in economics at the local Ukhta State Technical University, are members of the generation that missed out on the opportunities offered by perestroika and they still occupy the same flat they moved into thirty-five years ago with their son Sergei. They have fond memories of the child

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