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The owner of Chelsea FC???

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Old 21 April 2004, 07:11 AM
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salsa-king
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Default The owner of Chelsea FC???

Explain why the owner of Cheslsea FC is the countries richest man???

wheres he got his money from?
bare in mind.. he's in his early 30's! making Millions per day profit!

It said in the paper his wealth is from Oil??

WTF........ I thought Communisum meant evryone in Russia was equal.. so where did he get HIS money to buy into oil companies when the Soviet system folded (about ten years ago??)???

We always saw TV with 'oh the poor russians'.... oviously theres some money changing hands behind the iron curtain!!!
Old 21 April 2004, 07:32 AM
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icebreaker
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[QUOTE=salsa-king]Explain why the owner of Cheslsea FC is the countries richest man???

wheres he got his money from?
bare in mind.. he's in his early 30's! making Millions per day profit!

And (I think) he was an orphan so he's inherited nothing to begin with.

Russia always consisted of the Haves and the Hav-Nots. I would love to know Abramovich's story but you wonder if it's truly possible to accumulate that much wealth without being dodgy
Old 21 April 2004, 07:38 AM
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salsa-king
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I wanted to start a business up.. (neoquip.com.. which i did).. i could only get finance from the bank with using collateral of what i have!!!...... I'm shrued with money.. but i'm not owning a multi million pound company.. or buying a football club! lol
Old 21 April 2004, 07:44 AM
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Kyl3cook
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I think he was 'good friends' with the russian president (forget which one)...but basically he had his contacts.
Old 21 April 2004, 08:36 AM
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ChrisB
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Full explation by the Sunday Times

Quick snippet:

With perestroika's arrival, he moved north again and set up a company to trade in oil products from the large refinery in Omsk, western Siberia. It prospered, attracting the attention of Boris Berezovsky (qv), then Russia's most influential tycoon. He wanted the clever kid from Omsk on his side and the pair bought the Sibneft oil business in 1995 for about £120m. When Berezovsky went into exile, Abramovich was left in charge of Sibneft. It is now worth about £8.8 billion and Abramovich's stake is worth £5.3 billion
Old 21 April 2004, 09:40 AM
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ProperCharlie
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and why did Berezovsky go into exile?

it wassn't to get away from the mother-in-law.
Old 22 April 2004, 07:30 AM
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salsa-king
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lol
Old 22 April 2004, 08:00 AM
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I'm sure he was doing Yeltsin's daughter at one point, which may have helped him get involved in the denationalised oil business.

All IMHO of course, as I don't want a libel case with Britains richest dude

D
Old 22 April 2004, 08:47 PM
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salsa-king
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is that DJ Dunk?
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