Roman Arkadyevich Abramovich biography
Roman Arkadyevich Abramovich was born on October 24, 1966 in Saratov, S Russia. Orphaned at age two, he was raised by an uncle. While a student, Abramovich set up a toy production company which he eventually parlayed into a fortune in the oil industry. Now, one of the richest men in the world, Abramovich is owner of the Chelsea Football Club and of private investment firm, Millhouse LLC.
Multi-billionaire businessman and entrepreneur Roman Abramovich was born in Saratov, S Russia. Born into impoverished circumstances and orphaned at age two, he was raised by an uncle and his family in Ukhta, N Russia. While still a student at the Moscow Auto Transport Institute (1987), he set up a small company producing plastic toys, and its success enabled him to found an oil business in the Omsk region. He rapidly made a name for himself within the industry and joined the board of the Sibneft company, eventually taking sole charge, and completing a merger which made it the fourth biggest oil company in the world. Sibneft was sold to the state-run Russian gas company, Gazprom, in 2005. In 1999 he was elected to the lower house of the Russian parliament representing the isolated Siberian area of Chukotka, to which he has donated large sums for improvement schemes. He was re-elected for a second term in 2005. Among his many homes is a country estate in Sussex, and he has become a familiar face in England since his acquisition of Chelsea Football Club in 2003.