Entries in Roman Abramovich (2)


Billionaire Roman Abramovich’s $5M New Year’s Bash

Peter Macdiarmid/Getty Images(NEW YORK) -- How do rich and famous people usually spend New Year’s Eve? Businessman Roman Abramovich, no. 53 on Forbes’ list of billionaires, reportedly invited 400 of his closest friends and spent millions of dollars on a New Year’s Eve bash at his estate in Gouverneur Bay of the French West Indies.

Like last year’s celebration in St. Barthelemy, the party also cost a reported $5 million and attracted a host of big names including Rupert Murdoch, George Lucas, Marc Jacobs, Martha Stewart, Mischa Barton, Harvey Weinstein, Georgina Chapman and Jimmy Buffett, the New York Post reported.

While some billionaires prefer celebrating in Dubai’s Burj Khalifa, the tallest building in the world, and others prefer exclusive parties in Monte Carlo, Abramovich seems to like his French Caribbean property.

Abramovich, who built his wealth from oil, steel and mining, this year, featured his 533-foot yacht, Eclipse, reported to have cost over $250 million. Forbes reported it was the world’s largest yacht delivered in 2011.

Last year performers at the bash were Beyonce, Prince and Gwen Stefani; this year the rock band Red Hot Chili Peppers counted down the New Year.

The owner of the U.K.’s Chelsea soccer team, Abramovich reportedly hosted this year’s party with his girlfriend, fashion designer Dasha Zhukova. Abramovich reportedly reached a divorce settlement with ex-wife Irina in 2007, leaving her with $300 million and at least four homes in the UK.

Copyright 2012 ABC News Radio


Russians Businessmen Battle for Billions

Adam Gault/Thinkstock(LONDON) -- Why would two multi-billionaires come head-to-head in court? And just how much money is up for grabs in this court case between the two financial giants?

Roman Abramovich, a Russian businessman, faces former mentor Boris Berezovsky, an exiled Russian oligarch, in court Tuesday, after claims that Abramovich blackmailed Berzezovsky into selling his shares in the oil conglomerate Sibneft for a fraction of their true worth. Mr. Berezovsky, alleges breach of trust and breach of contract

The two have been reported as being very cold towards one another, ignoring each other across the court room, and for good reason, as Berezovsky is claiming roughly five billion dollars in damages.

Copyright 2011 ABC News Radio

ABC News Radio