London’s renowned Chelsea Football team hasn’t been doing that brilliantly of late – it’s slipped to third place in Barclay’s Premier League. This may have given the club’s owner, Roman Abramovich, a spate of the blues as he pored over the team’s lacklustre performance in the comfort of his multi-million dollar London town house.
Last week, however, the Russian oligarch – an ally of president Putin, and whose personal wealth is said by Forbes magazine to be some US$12.1 billion – scored a definite “result”. His private equity firm, Millhouse Capital, gained a stake in one of Russia’s biggest mining companies, Norilsk Nickel; thereby winning Abramovich significant voting power over the world’s leading nickel producer.