Roman Abramovich - Essay Example

Extract of sample
Roman Abramovich

The list of elite properties that he owns includes a fifty-four million dollar townhouse in Belgravia, a ten million dollar townhouse in Knightsbridge, and a 440-acre estate in West Sussex that was once owned by the King of Jordan He also owns a ten million St Tropez villa, two super yachts and a Boeing 767. Roman Abramovich is a lavish spender on things that he likes. On 2003, he purchased a majority stake in the Chelsea Football Club for a princely sum of $233 million and then lavished another $470 million spent on players to make the club a force to reckon with in the English Premier League and the European Club Football scenario. He continues to underwrite $200 million towards the annual salaries of the club. The rise of Roman Abramovich from a poor orphan to among the richest ten men in the world sounds like a fairy tale, but behind this spectacular success lies a man full of characteristics that have propelled him on towards this path of fame. In a land that needs deft and quick positioning, Roman Abramovich has been fast in spotting opportunities and utilizing them. He has shown the patience to wait for the right opportunity to make his move, and the humility to suppress his ego when the times demand it. His political shrewdness is remarkable ability to locate where the true political power lies and keeps in the good books of it. He is not daunted by setbacks and to go after his vision. With these qualities, it is no wonder that the rise of Roman Abramovich has been spectacular. ...Show more

Summary

The paper "Roman Abramovich" describes the businessman is the Russian born Roman Abramovich. Roman Abramovich had very humble origins and rose from these humble beginnings to become one of the ten richest men in a relatively brief period of time…
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