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Roman Abramovich, the billionaire businessman, has divorced in Russia just months after denying that his 16-year marriage was in trouble.
The owner of Chelsea Football Club and Irina, his second wife, issued a statement last night confirming that their marriage was over.
Although no details of the settlement were disclosed, it is likely that Mrs Abramovich has secured a substantial share of the oligarch’s £11 billion fortune. Speculation was rife last year that Mrs Abramovich would be in line for a £5 billion payout.
The Russian divorce is likely to have been more beneficial to Mr Abramovich. An English divorce would have threatened his business empire because English courts treat marriage partners equally.
The statement published last night said: “Mr and Mrs Abramovich have divorced in Russia on a consensual basis and have agreed terms in respect of arrangements for their children and a financial settlement.
“Mr Abramovich’s corporate interests, including Chelsea Football Club, are not affected by the divorce proceedings. Mr and Mrs Abramovich would appreciate it if the family’s privacy would be respected. No further comment will be made.”
The news comes as The Sun newspaper reported that Mr Abramovich was this week seen in Paris with Daria Zhukova, 25, a Russian former model. Mr Abramovich has always insisted that he and Ms Zhukova are just family friends.
Last October Mr Abramovich issued a rare public statement insisting that no member of his family had filed for divorce. It said suggestions that the couple were facing difficulties were untrue.
It was reported at the time that Mr Abramovich’s wife had been seen visiting the offices of Sears Tooth, the family law solicitors, in Park Lane, London. The firm was said to have retained Nicholas Mostyn, QC, nicknamed “Mr Payout”, in case litigation began.
Mr Abramovich, 40, met his second wife, Irina Malandina, 39, when she was a stewardess for Aeroflot, the Russian airline, and he was sufficiently well-connected in the communist state to be able to fly abroad.
The couple, who have five children, married in October 1991 after he left his first wife, Olga, who said that she never asked for nor received a rouble from her former husband.
Now Britain’s second-richest man, and the world’s eleventh wealthiest, the man behind the biggest takeover in football history began his business selling plastic ducks in Moscow. He made his fortune by exploiting postSoviet Russia’s oil and aluminium assets.
As the protégé of Boris Berezovsky, one of the businessmen who snapped up Russia’s state assets at bargain prices, Mr Abramovich was able to buy his mentor’s stakes in Sibneft, the oil giant, and Aeroflot when Mr Berezovsky fell foul of President Putin. Mr Abramovich hit the headlines in Britain when he bought Chelsea Football Club for £140 million in 2003. He has since poured an estimated half a billion pounds into writing off the club’s debts and buying players at extravagant prices.
In a rare interview last year, Mr Abramovich said that money could not buy happiness. He added that he did not necessarily regard London as home. “If I had to think where I could live if not Moscow, London would be my first choice and second would be New York,” he said.
Today he has a house in Belgravia worth an estimated £28 million, as well as an £18 million estate in West Sussex. He owns a £10 million villa in St Tropez, superyachts worth more than £200 million and a Boeing 737 and 767.
Top payouts
Aug 2006 The insurance tycoon John Charman, 53, had to pay his jilted wife, Beverley, £48m. He was back in court this month to try to get this reduced
Oct 2005 Sir Martin Sorrell, the advertising tycoon, was ordered to pay nearly £30m to his ex-wife Sandra
Mar 2002 The Arab businessman Abdullah Masry had to pay his wife £26.3m. Mona Al Khatib later gave up the money in a deal reuniting her with her daughters, who had been taken to Saudi Arabia
1982 Soraya Khashoggi was awarded £600m, the world’s biggest divorce deal
Source: Times database
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"The oligarchs raided Russia's natural resources for a pittance as Boris Yeltsin destroyed the Russian economy, and ordinary Russian citizens have been paying for it ever since. "
Which "economy" was that then? The one left after 70 years of communism that was smaller than the economy of Belgium? The oligarchs may have got ownership of the oil wells and coal mines through dubious means, but at least they are running them properly and providing better paid employment for millions in the process than was ever the case under communist totalitarianism.
Julius Blumfeld, London,
So some people here think Roma made his biilions with the hard work and intelligence? Hehe..Bill Gates created windows, but what exactly created Roman? 99,9% of Russian people would be very pleased to see him in the same prison cell with Hodorkovsky.
Alex, Sussex,
For Mr.Jay, London
London city best city in the World.
HASAN, london,
Good luck for Mr.Abramovich.
HASAN, london,
I understand The Right Hon. Tony Blair is looking for positions - maybe he could work for Mr. Abramovich. It would certainly explain the UKs tax attitude to rich multimillionaires.
Kyle Cameron, Melbourne, Australia
Mr Barnett - join the Q!!!
Mr Single, Everywhere,
Could it be Abramovich put Irina up to fake the affair, and that the divorce as a way to safe guard his wealth by transferring some of it to her name? Maybe this is a shrewd way of protecting his wealth from any potential future attempts by the Russian government to seize his assets should he one day lose favour with whoever replcaes Putin. He has been gradually transferring his interests away from Russia anyway.
Chris, London,
Sorry, Jay - I missed the part where you said you were going to put down the brush that you're tarring 53,000,000 with and emigrate?
Dan, Hampton,
I think that the tabloids will now start to continually expose Abramovich's personal life. At some point he will up sticks and leave, selling Chelsea. I imagine some Italian clubs are looking quite cheap at the minute. They will then be bankrupt as they live way beyond the income generated at the gates or in the shops.
It was only a matter of time before the tabloids got stuck in.
Mark, London, UK
So they got divorced. So what? People split up all the time. What has wealth got to do with it? It's not as if the trappings of being rich can necessarily insulate your marriage or family from unhappiness. At least Mrs A will now have plenty of cash to pay for the best possible therapists for her 5 kids, should they be adversely affected by the split and their father's philandering.
TomTom, it's not difficult to 'survive Communism', as many millions of citizens of former Eastern Bloc countries will tell you! I find it hardly surprising that some Russians, having spent years of their education learning to criticize and understand the workings of Western capitalism, were able to turn the new free market of the 1990s to their own advantage.
Charlotte Gawthorpe, London, UK
tell his ex I am available
Mr Barnett, Stein am Rhein, Switzerland
If Jay in London thinks that Abramovich made his billions ethically in an utterly corrupt and poverty-stricken region of Russia, he is naive beyond words. The oligarchs raided Russia's natural resources for a pittance as Boris Yeltsin destroyed the Russian economy, and ordinary Russian citizens have been paying for it ever since. Jay has a poor taste in role models.
shay, boston, usa
Your desire just happens to you along with its fulfilment, or non-fulfilment. You can change neither. You may believe that you exert yourself, strive and struggle. Again, it all merely happens, including the fruits of the work. Nothing is by you and for you. All is in the picture exposed on the cinema screen, nothing in the light, including what you take yourself to be, the person. You are the light only.
James Benson, Scarborough, England
Nothing more exemplifies the difference between the US and the UK than the comments made on this story. Here is a man who came from persecution and poverty to wonderful success through his own hard work and intelligence
This is the American dream and is applauded. All the winging British can do is enviously criticise. Get off your backside, get an education and perhaps you too will be able to succeed. But oh, I forgot, that might mean having to do something instead of it being handed to you on a plate.
I much prefer the US attitude.
Jay, London,
Nice to know that the venerable sport of full-contact irony is alive and well in Leeds........
Graham Watson, Birmingham, UK
Ridiculous - he is one of many thousands of foreigners living in the UK because to them the Ul is a tax haven - why do the resident and/or domiciled British put up with this unfair tax treatment ?
Ginger, Cambridge, UK
Reading about how the super-rich spend their loot is one of the few reasons to get up each day. It is so inpiring to read about self-made men struggling to build their business empires under Communism and how they found happiness on this island where the natives rejoice in a land of milk and honey. The excellence of government, the wonders of transport, and the delights of education are no doubt what attract billionaires here to muck in and build a better Britain.
It is what makes the travails of police inadeqacy, societal breakdown, and high cost of living tolerable. If rich Russians can have survived Communism to emerge billionaires and choose to live here it is simply inspirational to the rest of us and we should be grateful to the media for the daily fayre of Travails of a Billionaire
ToMTom, Leeds, England