Roman Abramovich: Billionaire, Investor, & Former Chelsea Owner

When it comes to wealth, power, and influence, Roman Abramovich is a name that stands out globally. Known for his business empire, political connections, and as the former owner of Chelsea Football Club, Abramovich has lived a life filled with success, scrutiny, and controversy. This post takes a deep dive into his biography, career, family, net worth, and much more.

Roman Abramovich Biography

Roman Abramovich

Born on October 24, 1966, in Saratov, Russia, Roman Arkadyevich Abramovich had a modest beginning. Orphaned at a young age, he was raised by relatives in Komi, Russia. Despite these early struggles, Abramovich went on to become one of the wealthiest and most influential figures in Russia and the world. His rise from humble origins to billionaire status is often described as one of the most remarkable stories of post-Soviet Russia.

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Career

His career began in the oil industry during the 1990s after the fall of the Soviet Union. He co-founded Sibneft, one of Russia’s largest oil companies, which became the foundation of his fortune.

His business interests extended to steel, mining, and real estate. However, Abramovich is perhaps most famous internationally for his ownership of Chelsea Football Club, which he purchased in 2003. Under his leadership, Chelsea won multiple Premier League titles, FA Cups, and the UEFA Champions League, transforming the club into one of Europe’s most successful football teams.

Roman Abramovich Net Worth

Roman Abramovich holding Chelsea's Champions League throphy

As of 2025, Roman Abramovich’s net worth is estimated at $9.2 billion, though it has fluctuated significantly due to political sanctions, asset freezes, and global economic shifts. His wealth comes primarily from oil, steel, real estate, and sports investments.

Family

The family of Roman Abramovich has often been in the spotlight. He has been married three times and is the father of seven children. His most notable marriage was to Dasha Zhukova, an art collector and businesswoman. Though they divorced in 2017, they share two children.

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Roman Abramovich and Dasha Zhukova

Roman Abramovich and Dasha Zhukova

The relationship between Roman Abramovich and Dasha Zhukova was one of the most high-profile partnerships in Russia’s elite circles. Together, they co-founded the Garage Museum of Contemporary Art in Moscow, reflecting their mutual passion for art and culture. Despite their divorce, they remain connected through their children and business projects.

Roman Abramovich and Putin

One of the most debated aspects of Abramovich’s life is his relationship with Vladimir Putin. Many reports have suggested that Abramovich has maintained close ties with the Russian president, though Abramovich himself has denied being a political insider. These alleged connections have made him a subject of global scrutiny, especially following the Russia-Ukraine conflict.

Roman Abramovich Controversies

Roman Abramovich with a nose mask

Abramovich’s life has been filled with controversies. From accusations of benefiting from Russia’s post-Soviet privatizations to allegations of political ties with the Kremlin, his business dealings have often come under the microscope. In 2022, he faced heavy sanctions from the UK and EU, forcing him to sell Chelsea Football Club. These events drastically reshaped his international reputation.

Roman Abramovich’s Age

As of 1st October 2025, he is 58 years old. Despite legal challenges and sanctions, he continues to adapt his business strategies and maintain relevance in global financial circles.

Roman Abramovich Now

So, where is Roman Abramovich now? Following sanctions, he has kept a low profile, dividing his time between Israel, Turkey, and other countries where he holds citizenship or residency rights. Though less visible in public, Abramovich still manages portions of his vast wealth through discreet investments.

Conclusion

From a humble beginning in Soviet Russia to becoming a billionaire businessman and football mogul, Roman Abramovich has lived a life of influence, achievement, and controversy. His story highlights not only his business acumen but also the challenges that come with global politics, wealth, and power.

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