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Chelsea and Arsenal owners lose an absolute fortune after oil price crash
Published 17:31 17 Jan 2016 GMT
Updated 17:32 17 Jan 2016 GMT
Homesport
The Russian oligarchs have had better weeks.
Russia's super rich have lost a hell of a lot of money recently thanks to the oil price crash. The oligarchs are down more than $11billion (£7.7billion) in the space of 10 trading days as the price oil has fallen to below $30 (£21) a barrel, according to the Telegraph. Roman Abramovich, who made his billions from the sale of oil behemoth Sibneft and now owns Chelsea football club, is reportedly down $820m (£575m). Meanwhile, Arsenal's second biggest shareholder, steel tycoon Alisher Usmanov, is also thought to have lost $910m (£638m) since the start of the year.
But don't expect to see either pawning their yachts in order to pay for a lunch from Dealz. These guys still have a hell of a lot of money to play with.
It is estimated that Abramovich is still sitting on a whopping $6 billion in savings while Usmanov came in at 71st position in the 2015 Forbes rich list with a personal value of $14.4 billion.Explore more on these topics:
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