Report: Abramovich gave his children yachts and planes – on the eve of the invasion of Ukraine

Roman Abramovich Transferred to his seven children luxury assets, including yachts, helicopters and airplanes, worth more than 4 billion dollars – three weeks before Russia’s invasion of Ukraine. This is according to a report by the “Guardian”.

According to the report, changes were made to the trust funds that hold these assets before the war, with the aim of transferring ownership to the children of the oligarch, close to Russian President Vladimir Putin. Among the assets transferred as a result – the Eclipse superyacht, which is worth 700 million dollars.

In March, a few weeks after the start of the war, Great Britain and the European Union imposed sanctions on Abramovich.

At the same time, “Forbes” revealed that Abramovich owns 10 yachts and other vessels, which were not known before, through offshore companies; Until now it was known that the oligarch owns six yachts worth over a billion dollars.

The assets were detailed in hacked files of the Cypriot company MeritServus, which managed the finances of the former owner of Chelsea Football Club for two decades. According to the reports, companies controlled by Abramovich’s trusts had assets worth $2.5 billion at the end of 2021.

In the last year, the oligarch’s net worth increased by 72 million dollars, reaching over 7 billion dollars according to the Bloomberg Billionaires Index.

Abramovich also tried to sell real estate about 15 days before the invasion, but was stopped by the Portuguese authorities who froze the property.

Three months after he was sanctioned, The billionaire sold Chelsea For 5.3 billion dollars after owning the club for 19 years.