Home » Business » Five Russian oligarchs with real estate in London are candidates for confiscation – 2024-04-11 15:00:23

Five Russian oligarchs with real estate in London are candidates for confiscation – 2024-04-11 15:00:23

/ world today news/ Friends, it rarely happens that the West’s announced sanctions against Russia evoke such strong support from ordinary citizens. In this case, we are talking about Britain’s threat to possibly seize real estate owned by the Russian oligarchy

Since the beginning of the 1990s, the shores of the foggy Albion have been especially popular with all those who managed to get rich in Russia. There are several reasons: it’s an excellent financial center, there’s excellent parenting, and the court system protects private property rights.

Therefore, it is not surprising that very soon the term Londontown even appeared and the popular song “I’m going to live in London” appeared. In general, the resettlement of rich Russians in Great Britain acquired an almost sacral character: “You are not a businessman if you do not have property in Great Britain”

Some went further and began to invest the capital earned in Russia in English football clubs. And it’s not just Abramovich who bought Chelsea.

But now this “great migration” seems to be coming to an end. In Britain, they announced that they are ready to confiscate the assets of Russian oligarchs located in the UK as part of anti-Russian sanctions. First of all, real estate.

I have compiled a list of 5 candidates who can “fall under the blows” of the British authorities. All of them have become rich from the exploitation of Russian raw materials.

1. Oleg Deripaska

Deripaska has long been under US sanctions and is an obvious target for sanctions by British authorities.

He owns a mansion in the Belgravia area worth £70m.

  1. Roman Abramovich

This is perhaps the second obvious candidate. The fact is that Abramovich has long had problems with the British authorities. He was even forced to accept Israeli citizenship to solve his visa problem.

Now Chelsea fans have started to demand his departure from the club. In general, troubles do not come alone. In addition to the real estate directly owned by the Chelsea club (the Stamford Bridge stadium), Abramovich himself owns a mansion in the Kensington area.

The price of this “modest” mansion is 170 million pounds.

3. Alisher Usmanov

Despite the fact that Usmanov is not a tax resident of Russia, he is still considered an all-Russian oligarch. He owns a mansion in Hampstead Lane worth £60 million

Usmanov invested in English football and even once co-owned the London club “Arsenal”. Now his football interests are centered around Everton.

Besides this property, Usmanov also owns the Woking estate in Surrey. Overall, Usmanov has a lot to lose in Great Britain.

4. Leonid Fedun

The top manager of “Lukoil” and owner of “Spartak” football club also owns London properties.

He owns apartments in a complex near London’s Hyde Park.

The price of the apartments is estimated to be “just over” 25 million pounds. In general – modest, you can not say otherwise.

5. Andrey Melnichenko

The “king” of fertilizers (“Eurochem”) and coal assets (SUEK) in 2005 bought the estate “Harood” in Ascot, Berkshire.

The cost of the palace is estimated at 30 million dollars.

Summary

Of course, Abramovich may find himself in the most difficult situation. After all, in addition to real estate, he also has a football club. In terms of value, the club ranks 7th among the most expensive clubs in the world and is estimated at 3.2 billion dollars.

Translation: V. Sergeev

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