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Good Bad Billionaire
Roman Abramovich: Premier League oligarch
Nov 11, 2024
Discover the enigmatic life of Roman Abramovich, from his humble beginnings as a Soviet orphan to an oligarch partying on a $427 million yacht. Explore how his close ties to Boris Berezovsky and Vladimir Putin fueled his meteoric rise in wealth. Delve into the lavish and tumultuous world of football as he bought Chelsea FC, only to face drastic changes amid the fallout from the Russia-Ukraine war. Unpack the complex legacy of this 'stealth oligarch' as he navigates power, controversy, and philanthropy.
40:21
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Quick takeaways
- Roman Abramovich's rise to wealth was facilitated by strategic partnerships during the post-Soviet economic turmoil, particularly with Boris Berezovsky.
- The impact of Abramovich's ownership of Chelsea Football Club reshaped football in England, ushering in a new era of billionaire sports investment.
Deep dives
The Origins of Roman Abramovich
Roman Abramovich's early life was marked by tragedy; he became an orphan at the age of three after losing both his parents. Raised by his uncle in a modest setting, he experienced a childhood that, despite its challenges, fostered resilience and determination. He displayed entrepreneurial traits from a young age, venturing into various businesses such as producing plastic toys with his then-wife. His ability to adapt and learn quickly laid the groundwork for his future success in Russia's rapidly changing economy.
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Discover
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Listen to the best highlights from the podcasts you love and dive into the full episode