A $3 billion sale would represent a tidy profit for Abramovich, since he paid (per current exchange rates) about $184 million for the team in 2003. However, he is reportedly foregoing all proceeds from the sale and isn't involved in the sale in an...

Roman Abramovich was orphaned at the age of four and flunked out of two different colleges in Russia. Today is one of the wealthiest people in the world. Here's how he did it.

Dan Snyder, owner of the Washington Commanders in the NFL, is reportedly in the process of selling the team for a price of $6 billion. It even has a buyer lined up in an investment group led by billionaire Josh Harris.

Ponomarenko is in the midst of a legal battle to get one of his assets back in French court: a villa reportedly valued at $88.9 million in the ultra-exclusive Saint-Jean-Cap-Ferrat on the French Riviera.

After weeks of backs and forths, ups and downs, sanctions and non-sanctions, Roman Abramovich has sold Chelsea F.C. for the highest price ever paid for a professional sports team.

Buying a sports franchise takes a lot of money, but some are more expensive than ever. Here are the highest prices people have paid to own a team.

Their yachts are being seized. Their wealth is hemorrhaging. Authorities are now aiming for mansions, private jets and more.

First they came for their yachts, now the hunt is on for Russian oligarch mansions.

Likely to get ahead of potential pending sanctions, a handful of Russian oligarchs are reportedly rushing to get their yachts out of European ports.

One day you wake up feeling pretty good because you happen to be the richest person in Russia. The very next day you wake up in a Siberian prison where you will rot away for the next 10 years. This is the unbelievable true story of Mikhail Khodork...

The 20 richest controlling owners of professional sports teams have a combined net worth of around $426 billion, which is up 60% from last year. Let's take a look at the 8 richest owners of professional sports teams.

The richest person in the Czech Republic has tragically lost his life in a helicopter crash while vacationing in Alaska. Petr Kellner, 56, and four others died on a heli-skiing excursion in Alaska's backcountry.

Russian activists - who likely will go "missing" in the next couple days, just posted a drone video that shows a $1.4 billion palace... The purported owner of the palace? A modest civil servant named Vladimir Putin.

It's no surprise that we're rather fascinated with Russian billionaire oligarchs. It wouldn't shock us to learn that any of us who've written about Russian billionaires and the general corruption in Russia has landed us on a watch list. That said...

Ever since billionaire oligarch Roman Abramovich bought Chelsea in 2003 the English football clubs have become the playground of billionaire owners. There are now 12 billionaire owners in Premier League clubs.

Yevgeny Chichvarkin fled his native Russia for the U.K. in 2008, one of many wealthy oligarchs to do so, giving London the nickname "Londongrad." He's reinvented himself as the wine and high-end food king of London.

Incredibly, Kylie Jenner is STILL out there telling anyone who will listen about how we have it all wrong, and she is, in fact, a self-made billionaire. She is not self-made. Not by a long shot, but these five people are.

It must be nice to be a billionaire. You could literally have anything you want. For several billionaires, that means a professional sports franchise. Overall, there are 62 billionaire team owners around the world, with a collective net worth of a...

Russian President Vladimir Putin's net worth is one of the biggest mysteries of our time. He doesn't divulge it. Russia is extremely secretive about it, but many speculate that he is the richest person on the planet.

The list of 210 Russians released by the U.S. Department of the Treasury has come to be known as the "Kremlin Report." It is made up a number ofl prominent and active Russian art collectors.

Oil and gas tycoon Farkhad Akhmedov was ordered by the court to give his ex-wife Tatiana Akhmedova 41.5% of his net worth, or a staggering $633 million. Now he's contesting that and saying it's unfair.

The U.S. recently named 210 people in the Kremlin Report – all of them worth more than a billion dollars. Here's a look at some of the more notable names.

Russian billionaire Roman Abramovich is known for a number of things. He's the owner of the Chelsea Football Club. He's a super yacht aficionado. He dates very beautiful, very young women – usually models. And now he's a major philanthropist.

Russian billionaire Roman Abramovich has some big plans for his new Manhattan home. In fact, it has just been four months since New York City approved his mega-mansion plans and he has decided to go even bigger!

Eugene Shvidler, born in Russia but a US citizen since 1994, parked his massive 370-foot mega yacht right in front of Lady Liberty for two weeks in April, followed by much of June.