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Good Bad Billionaire

Roman Abramovich: Premier League oligarch

40 min11 november 2024

Roman Abramovich was known as the "stealth oligarch" before he stepped into the limelight as Chelsea football club’s sugar daddy owner. The man loves a yacht: his largest cost $427m, and has bullet-proof windows and an escape submarine. Abramovich made his fortune from post-Soviet privatisation, aided by a man known as the “Godfather of the Kremlin”, Boris Berezovsky, and close ties to Vladimir Putin in the early years of his presidency. But with recent reports of a suspected poisoning and sanctions against him in the wake of the Russia-Ukraine war, Abramovich’s luck might be changing.

BBC business editor Simon Jack and journalist Zing Tsjeng track Abramovich’s meteoric rise from being a hard-up orphan to making billions from oil and aluminium. Then they decide if they think he’s good, bad, or just another billionaire.

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