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roman abramovich

FB Roundup: Gautam Adani, Todd Boehly, Guy Hands

May 25, 2022

In this week’s FB Roundup, Gautam Adani’s family office invests in an Abu Dhabi petrochemicals firm; the Todd Boehly-led consortium is officially approved as new Chelsea FC owners; and British tycoon Guy Hands bids to buy Butlins holiday camps.

Gautam Adani’s family office invests in Abu Dhabi petrochemicals firm
The family office of Asia’s richest man, Gautam Adani, has committed to invest $75 million in an Abu Dhabi-based petrochemicals firm as part of a $2 billion initial public offering (IPO) - the biggest-ever listing in the United Arab Emirate (UAE) state.

FB Roundup: Reetu Gupta, Todd Boehly, Alberto Safra

May 10, 2022

In this week’s FB Roundup, Reetu Gupta is appointed chairwoman of The Gupta Group; Todd Boehly’s syndicate agrees to purchase Chelsea FC for £4.25 billion; and Brazilian billionaire Alberto Safra buys a Sao Paulo real estate firm.

Reetu Gupta appointed chairwoman of The Gupta Group
Reetu Gupta, a two-time recipient of Canada's top 100 most powerful women award, has been named chairwoman and ambassadress of The Gupta Group, taking over the running of the privately owned family office from her father, Dr. Steve Gupta.

Lurssen boat rules the waves

August 19, 2013

Russian billionaire Roman Abramovich has been knocked off his perch as the owner of the world’s biggest superyacht – with a £400 million vessel constructed by a German family business now taking the top honour.

At 180 metres, Azzam features six bridges, requires a staff of 50 to run and can reach speeds of 31 knots – according to Yachts France, which compiled the table of the world’s biggest boats.

Of oligarchs and ethics

January 22, 2012

In the American comedy series Curb Your Enthusiasm, Larry David greets pieces of obvious information that reflect badly on him by throwing up his arms and crying: “Who knew?” In truth Larry David always did know, of course. It’s funny because he’s a grown man who just can’t ever accept that he’s ever done anything wrong. He’s a big kid who wants to avoid responsibility. His need to remain a child is, a psychiatrist might say, a way of refusing to be a moral agent.

Riots, the rich and London

August 10, 2011

One UK newspaper during the recent riots in London produced an interactive map of where all the rioting and disorder was taking place in the British capital. At first glance the map looked pretty scary – dots highlighting trouble were almost everywhere. With the Olympics less than a year away, it’s not an image the tourist authorities, nor for that matter the politicians, want to think too much about.

One UK newspaper during the recent riots in London produced an interactive map of where all the rioting and disorder was taking place in the British capital.

At first glance the map looked pretty scary – dots highlighting trouble were almost everywhere. With the Olympics less than a year away, it’s not an image the tourist authorities, nor for that matter the politicians, want to think too much about.

Russian tycoon reveals asset details

February 17, 2011

For the first time in over 10 years, Russian oligarch Roman Abramovich has released details of his assets, which are worth an estimated £11 billion

For the first time in over 10 years, Russian oligarch Roman Abramovich has released details of his assets, which are worth an estimated £11 billion.

Russia sees rise in billionaires

February 14, 2011

Russia’s tycoons have come back remarkably in 2010 as the country has set a new record for its number of billionaires. According to Finans magazine, Russia has 114 dollar billionaires, compared with less than 50 at the end of 2008, when the credit crisis saw the fortunes of the country’s billionaires drastically drop.

Russia’s tycoons have come back remarkably in 2010 as the country has set a new record for its number of billionaires. According to Finans magazine, Russia has 114 dollar billionaires, compared with less than 50 at the end of 2008 when the credit crisis saw the fortunes of the country’s billionaires drastically drop.

According to the top 500 rich list compiled by Russian magazine Finans', everyone on the list is worth at least $160 million, with the top 10 wealthiest Russians together worth $182 billion, up by 30% from $139 billion in 2009.