Orphaned as a child, Abramovich dropped out of
college, then
made a
fortune in a series of controversial oil-export
deals in the
early 1990s. His fortune took off in 1995 when he teamed up with Boris Berezovsky to take over oil
giant Sibneft at a fraction of its
market value. (When Berezovsky fled
Russia in 2000 to
escape fraud charges, he sold out to Abramovich). In 2003 to 2004 sold his stake in Russian Aluminum to Oleg Deripaska. In
Fall 2005 liquidated his biggest
asset, selling his 72.6% stake in Sibneft to Gazprom for $13 billion. Now Abramovich, who last year was re-appointed governor of the distant
northern region of
Chukotka, can devote more
time to his hobbies--mega yachts and soccer team
Chelsea Football Club. Has also been investing in
Moscow\'s
commercial real estate market.
; "Roman Abramovich")
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