Data provided by iNet BFA
Loading...
See More

Abramovich to run for parliament

Dec 17 2010 11:25 AFP

Related Articles

Putin: Abramovich, open your wallet

Abramovich to invest in historic island

BP boss may take Russia job

 

Moscow - Chelsea Football Club owner Roman Abramovich intends to a run for a seat in Russia's lower house of parliament, where he previously served for eight years, Interfax reported Friday.

Abramovich, who was ranked as Russia's fourth-richest man with a fortune of $11.2bn by Forbes magazine, wants to represent the remote Arctic region of Chukotka, the news agency cited a local election official as saying.

Reputed to be one of Russia's most influential power-brokers in the late 1990s, Abramovich represented the region on the edge of the Bering Strait from 2001 to 2008.

He now officially serves as chairperson of the regional parliament, although the playboy billionaire spends most of his time in London and travelling the world.

Russia's parliamentary elections are scheduled for next December.

Abramovich, 44, made his fortune in the turbulent early years of post-Soviet Russia by trading oil, eventually acquiring the Sibneft oil company and expanding into other businesses.

He is currently the main owner of the Millhouse LLC investment company.

NEXT ON FIN24X

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

We're talking about:

Small Business

A cash flow crunch often occurs in small businesses trying to balance cash coming in with cash going out. Watch this video to help you improve.
 
 

Where can you stash your cash?

Fin24 user Tinashe Guramatunhu presents a review of the best way to invest a windfall or bonus.

 
 

Start saving...

Where can you stash your cash?
Time the key for retirement saving
Dummy's guide to saving
Save money with affordable account

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...
Loading...