Word: abramoviches
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...tale of two tycoons, and it tells you everything about the state of Russia today. Earlier this year, Roman Abramovich, the Russian oil magnate and Governor of the desolate Arctic region of Chukotka, was worth an estimated $5.7 billion - second only to Yukos oil baron Mikhail Khodorkovsky's $8 billion. Both men leapt from rags to riches in the giddy, shady privatization era of the early 1990s - and their companies agreed to merge last April - but their lives have since diverged. Khodorkovsky, 40, is now in jail, charged with embezzlement and tax evasion in what many call a politically motivated...
...Such A Big Deal After All The business of football is rarely clear and never simple. When Russian billionaire Roman Abramovich bought London's Chelsea, which has €112 million in debts, fans thought their club's financial problems were over. But the July 1 purchase by the 36-year-old oil oligarch, who has a personal fortune estimated at €5.3 billion, has come under scrutiny by Britain's Financial Services Authority, which is taking an interest in movements in the club's share price ahead of the €196 million purchase. The billionaire's spokesman says the investigation...
...down week for Russia's oligarchs. A good one for Roman Abramovich (worth $5.7 billion, according to Forbes), who bought himself the ultimate bauble, a sports team: London's Chelsea Football Club. Not so good for Mikhail Khodorkovsky ($8 billion) of the giant Yukos group, who was questioned by state prosecutors investigating corruption. And downright terrible for Platon Lebedev ($1 billion), head of Khodorkovsky's finance arm Menatep, who was arrested on fraud charges in connection with the privatization of a fertilizer plant in 1994. Khodorkovsky, Russia's richest man, was questioned in connection with the Lebedev case, but many...
...Kremlin's election strategists, orchestrators of the anti-Fatherland campaign, keep well out of the public eye. They include chief of staff Alexander Voloshin; Yeltsin's daughter Tatyana; former dissident turned political consultant Gleb Pavlovsky; and two businessmen and Yeltsin-family favorites, Alexander Mamut and Roman Abramovich. Much of the war has been waged by proxy on TV, with nasty Sunday-night news battles setting the tone. On ORT, a state-owned network that is largely controlled by Yeltsin supporter Boris Berezovsky, news anchor Sergei Dorenko bludgeons home the idea that Luzhkov is a murderer, a crook, a hypocrite. Yevgeny...
...Another great Russian capitalist collector was Ivan Abramovich Morosov, who competed fiercely with Shchukin for the paintings of Matisse and Picasso, fell behind because he could not accept cubism...