How much is Roman Abramovich Worth? Roman Abramovich Net Worth in 2026

By the Alux Research Team. How we estimate net worth

Roman Abramovich’s net worth is estimated at $9.3 billion as of October 2026. The Russian-born businessman and investor built his fortune in oil and metals and owned Chelsea Football Club from 2003 until its sale in 2022. He is one of the best-known business figures to come out of post-Soviet Russia.

Net worth	$9.3 billion (estimate, October 2026)
Estimated annual income	Mainly from investment holdings and business stakes
Born	October 24, 1966, Saratov, Soviet Union (now Russia) (age 59)
Country	Russia; also linked to the United Kingdom
Occupations / sources of wealth	Businessman and investor; oil, metals and holdings through Millhouse
Known for	Sibneft, Rusal, Evraz stake, and owning Chelsea Football Club

How much is Roman Abramovich worth in 2026?

Roman Abramovich’s net worth is estimated at $9.3 billion. His wealth was built mainly on oil and metals, notably the oil company Sibneft, which he sold in 2005 in a deal reported at about $13 billion, and stakes in Rusal and Evraz.

He also invested in technology start-ups, hotels and other assets through his holding company, Millhouse. Because much of his wealth is held privately, estimates vary and this figure is approximate.

Roman Abramovich’s business profile in 2026

• 2022: Chelsea Football Club was sold to a group led by Todd Boehly’s BlueCo and Clearlake Capital, ending his ownership that began in 2003. During his time as owner, the club won 21 major trophies.
• 2020: Sold his stake in Highland Gold for $560 million, after buying 40% in 2007 for $400 million.
• 2015 to 2021: Invested about $63 million as a limited partner in Target Global venture funds.
• No confirmed new operating business launches for 2026 could be verified, so this page does not claim any.

How Roman Abramovich makes money

• Oil: Controlling stake in Sibneft from 1995, later sold in 2005.
• Metals: A co-founder of Rusal in 2000 (he sold his 50% stake to Oleg Deripaska for 1.8 billion pounds in 2004) and a 41% stake in Evraz, bought through Millhouse in 2006 for 1.6 billion pounds.
• Investment holdings: Millhouse, set up in 2001, holds his investments, including about $120 million in around 20 Israeli technology start-ups and a major stake in Renaissance Insurance.
• Real estate and hospitality: Assets including Hotel Kristall in Gelendzhik.
• Football: Chelsea Football Club, owned from 2003 to 2022.

Career timeline

1. 1988: Starts his first businesses as Soviet economic reforms open the door to private enterprise.
2. 1992 to 1995: Founds a series of trading companies and specializes in oil products.
3. 1995: Acquires a controlling stake in Sibneft.
4. 2000: Consolidates aluminium interests into Rusal.
5. 2000 to 2008: Serves as governor of Chukotka, funding schools, hospitals and infrastructure.
6. 2001: Sets up the holding company Millhouse.
7. 2003: Buys Chelsea Football Club for about $190 million.
8. 2004: Sells his 50% stake in Rusal.
9. 2005: Sells Sibneft.
10. 2006: Millhouse acquires 41% of Evraz.
11. 2007: Buys 40% of Highland Gold.
12. 2010: His yacht Eclipse, built at a reported cost of about $400 million, is delivered.
13. 2020: Sells Highland Gold stake.
14. 2022: Chelsea is sold.

Early life and background

Roman Abramovich was born in Saratov, in the Soviet Union, and started in business as a young man. He worked as a street trader and a mechanic, and reportedly sold imported rubber ducks from his Moscow apartment to get by.

He studied at the Gubkin Institute of Oil and Gas in Moscow, where he sold retreaded car tires on the side, and later worked at Runicom, a Swiss trading company. When reforms in 1988 opened the way to private enterprise, he formally started his own businesses, including a company that made dolls.

Through the 1990s he set up and closed at least 20 companies in sectors from tire retreading to security recruitment, before specializing in oil trading. In 1995, with business partner Boris Berezovsky, he acquired the controlling stake in Sibneft, reportedly paying $100 million each for half of the company.

Watch on Alux

Watch: 15 Things You Didn’t Know About Roman Abramovich

Roman Abramovich net worth FAQ

What is Roman Abramovich’s net worth?

Roman Abramovich’s net worth is estimated at $9.3 billion as of October 2026.

How does Roman Abramovich make money?

His wealth comes from oil and metals, including the sale of Sibneft and stakes in Rusal and Evraz, plus investments held through Millhouse.

How old is Roman Abramovich?

Roman Abramovich was born on October 24, 1966, which makes him 59 years old in October 2026, turning 60 on October 24.

Where is Roman Abramovich from?

He was born in Saratov, in the Soviet Union, now Russia.

Did Roman Abramovich own Chelsea?

Yes. He bought Chelsea Football Club in 2003 for about $190 million and sold it in 2022 to a group led by Todd Boehly’s BlueCo and Clearlake Capital.

How is Roman Abramovich’s net worth estimated?

The figure is based on public reporting of company stakes, sale values and investments. It is an approximation and estimates vary.

Related profiles

• Richard Branson net worth
• Carlos Slim net worth
• Mukesh Ambani net worth
• Larry Ellison net worth
• Bernard Arnault net worth

How we estimate net worth

Our estimates are based on public reporting, company valuations, and deal and earnings figures all compiled in an internal valuation model. They are approximate, and figures change over time as new information emerges.

Last updated: October 2026.