LYCOS RETRIEVER
Roman Abramovich: Money
built 290 days ago
"Roman Abramovich isn't trying to take his money out of Russia. In fact, he has been trying to exit business altogether for several years. If he was worried about being attacked by the Kremlin, it seems a bit late to be worried now."
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Roman Abramovich's wife Irina is even better at keeping a low profile than her husband, according to a book written by the Daily Express journalists Dominic Midgley and Chris Hutchince. Irina Abramovich can get the best variety of any thing she wants to have. She can live in the sumptuous houses, fly in the private jets, ride in the limos, and shop for anything she fances to wear, eat or drink. At the same time, she tends to stay away from the media and avoid publicity whenever it is possible. Money can buy you freedom, or so they say. It is because of money Mrs. Abramovich is living in a golden cage.
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Abramovich, sitting in his big office, with a view of white-backed whales leaping in the bay below, explains: "In those days, that was a lot of money." Maybe, but the company he had bought was worth $1bn. All he had to do was cross his fingers and hope the communists did not win the following year's elections. When Yeltsin triumphed, Abramovich hit the big time. The fusion of wealth and power was complete. The oligarchs, together with Yeltsin and his daughters, were known as "the family."
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The reason Abramovich bought into the club was because it was borderline top-level and had qualified for the Champions League. Even with Abramovich’s money, you lot aren’t breaking even for the next 15 years.
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The village’s fur farm is a grim reminder of the Soviet economy’s collapse and a striking contrast to the businesses created by Abramovich in Anadyr. Ramshackle cages hold some 1,600 arctic foxes — a fraction of the Soviet-era production scale of 12,000 per six-month season. The farm only survives because it pays each of its dozen employees a meager 4,000 rubles per month — money it gets from the district administration and from Anadyr. It makes no profit, and about 6,000 skins are in storage with little prospect of ever being sold. Some are getting so old that they will be simply thrown away.
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Jordan may stay on to manage the team for Abramovich. Eddie would then be able to start buying the best people he can get and building up the infrastructure of the team. It will not be as easy to buy success as it has been in soccer because success in F1 takes time and money but as neither time nor money appear to be that important to Abramovich the future of Jordan could be spectacular.
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