site map
Gateway to Russia
 RUSSIA IN FACTS
09 March 2004 11:40
Russian oil tycoon is UK`s richest man
The British newspaper Mail On Sunday has published its Rich Report 2004, which includes the 300 richest UK-based men and women, the Kommersant newspaper reports. Roman Abramovich, the Russian billionaire who has recently acquired Chelsea Football Club, tops the list. His personal fortune is estimated at 7.2bn pounds ($13.32bn).

This is not the first time that Mr. Abramovich has topped UK ratings. At the end of last year, he was named London’s Personality of the Year 2003 by voters on the website of the Evening Standard newspaper.

The Duke of Westminster, the UK’s largest landowner with an estimated fortune of 4.63bn pounds, was ranked third in the Rich Report 2004. Bernie Ecclestone, the man behind Formula One, is in 7th place with 2.3bn pounds. Richard Branson, the owner of Virgin Airlines, was ranked 9th with 2.07bn pounds. The Queen of the UK is 26th with 1.05bn pounds.

Roman Abramovich’s popularity in Britain is no surprise: his name is often mentioned in local sports newspapers. Another question is how a Russian citizen and a top Russian official (Mr. Abramovich is Governor of the Chukotka region) got into the UK rich list.

The report's editor Rachel Oldroyd told the Mail on Sunday that the authors of the report used the following criteria: the candidates should have a UK passport, stay in the country for long periods of time and have business interests in the UK.

According to Mr. Oldroyd, although Mr. Abramovich is a Russian citizen, he is selling his business assets in Russia and planning to settle in Great Britain. In view of this, the businessman has already acquired a mansion in London for 5m pounds ($9.25m) and a country estate in Sussex for 12m pounds. In addition, British reporters say Mr. Abramovich wants his children to study in the UK.

According to Mail On Sunday, all information about Mr. Abramovich’s fortune was taken from open sources.

Roman Abramovich was ranked 25th in the latest Forbes rich list, with a fortune of $10.6bn, up from 49th position in 2003 ($5.7bn).


[RBCTop]
Subscription to the daily news digest
Click here to subscribe to the daily news digest.
You will be able to choose your own topics of interest.
Your e-mail address will be kept confidential and will be used exceptionally for sending you this digest.

MOST POPULAR ARTICLES
MORE OF THE LATEST NEWS

The Mark of Doom
The Rape of Eurasia
Politically Desireable, Genetically Unviable
New leaders will appear in Russia
Dollar rises despite forecasts
MENATEP chief dies in air crash

Turnout in presidential elections to be 60%
Putin names new Cabinet
Russian oil tycoon is UK`s richest man
Election candidate withdraws from race
Russia has new PM
Discontent grows ahead of elections
top        Send article by e-mail
Get more info about Russia

Contact Us

© Copyright Gateway to Russia 2003

The site is created and administrated by Expert Group within the framework of exclusive contract with the Financial Times