Roman Abramovich Loses $20 Billion!

Filed under: Chelsea, Roman Abramovich

roman-abramovich

We have posted a lot on here about Roman Abramovich and how he likes to spend his money. From football, to art, real estate to mega yachts, Abramovich knows how to spend some serious scratch.  Looks like some of his free spending ways might start to slow though with reports that the gloabl economic crisis has wiped $20 billion from his personal net worth! Yes, that is $20 billion…gone.  It is reported he is still worth an estimated $3.5 billion, but that is a serious amount of evaporated money. At what point will this start to have an effect on the type of money he is putting into Chelsea? You can’t lose that kind of money without taking a hard look at all of your investments.

Oh, and according to Bloomberg,  Russian billionaires “have lost more than $230 billion in five months.”Wowzers…

Added on Friday, October 10th, 2008 by

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