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How the Forbes 50 Live

If you have ever wondered how the Forbes top 50 (well, 51 to be exact) lived, the Wall Street Journal today gave us a picture of the lifestyle of at least one member. Chelsea FC owner Roman Abramovich is a Russian oligarch, that fast fading breed of natural resource plundering friends of the Kremlin who made billions in the transformation of the old Soviet empire into the free-wheeling capitalist wild west of the late 90s. He managed to hold onto his money, selling his oil company to energy giant Gazprom for $13.1 billion.

Now Abramovich spends his time spending freely to attempt to win the Premier League and Champions League with Chelsea, dominate the art world with his girlfriend and shuttle between his various homes and his yachts. Oh, and he is governor of the most godforsaken territory of the Russian Federation in easternmost Siberia. Still, must be a nice life, don't you think?

Full post as published by Sports Biz on September 18, 2009 (boomark / email).