Russian oligarch Roman Abramovich has been begging his powerful friends in Hollywood and America to lend him one million dollars each to keep it afloat while its assets are frozen by international authorities.
According to Page Six the owner of Chelsea Football Club is desperately asking for loans from his prominent and powerful friends to maintain his $750,000-a-week staff payroll, which includes the workers who keep his many luxury superyachts afloat.
Abramovich, whose bank accounts are frozen in the US and UK, has been strapped for cash since Vladimir Putin invaded Ukraine, and has tried to mediate on more than one occasion to end that conflict with the hope that in this way the sanctions against him will also be lifted.
But while Abramovich, who has hosted a number of celebrity parties on his ships and at his sprawling St Barth estate, has many close friends in Hollywood, Wall Street and the tech world, the media outlet Page Six claims that his partners are wary of lending him money, even with his recent mediator status that has earned him the protection of the Turkish government.
A source told Page Six: “Roman is asking some of his closest powerful friends to lend him $1 million. He says that he has never failed to pay his personal payroll, which is $750,000 a week, and with his frozen assets he cannot pay his people.”
“He has approached Hollywood producer/director Brett Ratner and the Rothschild family, among many others, for money, but although they are good friends with Roman, they have not agreed to give him any money, because they either don’t have that in cash. liquid, or furthermore it is not clear what the repercussions are under international law”add the source.
Ratner declined to comment and the Rothschilds could not be reached. But the source maintains that Abramovich has not been given any money either.
According to Bloomberg, Abramovich’s net worth is $14.3 billion, but since early March the United Kingdom, the United States and much of the European Union have sanctioned the oligarch and left him illiquid.
Abramovich’s assets were then frozen by US hedge funds. The sanctions also prevented Abramovich from profiting from the $3 billion sale of Chelsea Football Club.
Meanwhile, Abramovich continues to do what he can to keep his assets afloat, including himself in peace talks to end Putin’s invasion of Ukraine. He was invited to the peace talks by Ukraine, which he believes has a direct line to Putin, which he denies.
Abramovich, 55 years oldreportedly made his fortune in the privatization race after the end of the Soviet Union and owned Millhouse Capital, an investment firm with interests in nickel mining and steel.
In 2018, Abramovich transferred $92.3 million worth of Upper East Side property to his ex-wife Dasha Zhukova, according to city property records.
He recently survived an alleged poisoning attempt during peace talks that are reported to have It left him with sore eyes and peeling skin. It was also said that two Ukrainian peace negotiators were affected and that the alleged poisoning was planned by Russian hardliners who wanted to sabotage the talks.
Abravmovich owns at least four yachts, totaling almost $1,400,000. As well as a $700 million property in St Barth on the most beautiful Gouvenour beach on the island.
And his multiple luxury superyachts are still afloat. Just a few days ago, the government of Antigua confirmed that two yachts in its waters were linked to the tycoon.
It is reported to have the Halo superyacht and the Garcon support vessel in Antigua, which are valued at approximately $40 million and $20 million, respectively. according to the Financial Times.
Abramovich too owns the $700 million Eclipse, one of the largest yachts in the world, at 550 feet long and with 24 cabins, with a crew of 70with bulletproof glass and a missile defense system.
His $600 million Solaris yacht is slightly smaller but more modern in design. Both Solaris and Eclipse are tied up in Turkey, where the authorities do not impose sanctions on Russia, but are rumored to be a haven for oligarchs and their money.
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