Divorce "Won't be Costing Billionaire Abramovich a Cent"

Society | October 26, 2006, Thursday // 00:00

Legally Russian billionaire Roman Abramovich is poor as a church mouse, Russian NTV has reported, and what was rumoured to be the priciest divorce in history wouldn't even cost him a cent.

Abramovich's financial advisors have come up with an ironclad scheme in which everything actually belongs to his five children. Houses, boats, shares and even the Chelsea football club are actually distributed among the five, and Abramovich just takes care of the finances until they turn eighteen.

There is really not a penny to his name, so a possible divorce to his wife Irina will end up costing him nothing, financial experts from Millhouse Capital, the Russian's investment fund, have shared.

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