Tuesday, July 7, 2026
  • Login
CEO North America
  • Home
  • News
    • Business
    • Entrepreneur
    • Industry
    • Innovation
    • Management & Leadership
  • CEO Interviews
  • Opinion
  • Technology
  • Environment
  • CEO Life
    • Art & Culture
    • Food
    • Health
    • Travel
No Result
View All Result
  • Home
  • News
    • Business
    • Entrepreneur
    • Industry
    • Innovation
    • Management & Leadership
  • CEO Interviews
  • Opinion
  • Technology
  • Environment
  • CEO Life
    • Art & Culture
    • Food
    • Health
    • Travel
No Result
View All Result
CEO North America
No Result
View All Result

CEO NA Magazine > News > Jersey Court Seizes $7 Billion of Abramovich’s Assets

Jersey Court Seizes $7 Billion of Abramovich’s Assets

in News
Jersey Court Seizes $7 Billion of Abramovich’s Assets
Share on LinkedinShare on WhatsApp

First, the Jersey Police searched premises suspected to be connected to Roman Abramovich’s businesses, then the Russian billionaire had $7 billion of assets frozen.

Mr. Abramovich is among several wealthy Russians who´s assets are seized as sanctions over Russia’s invasion of Ukraine. The new hit came in the island Jersey, a self-governing dependency in the Channel Islands between England and France.

“The Royal Court imposed a formal freezing order on 12 April, known as a saisie judiciaire, over assets understood to be valued in excess of US$7bn which are suspected to be connected to Mr Abramovich and which are either located in Jersey or owned by Jersey incorporated entities,” the Jersey Law Officers’ Department said.

A five superyachts fleet linked to the businessman together worth an estimated $1 bn is also docked in Turkey. Abramovic, who tried unsuccessfully to sell Chelsea Football Club in March, is one of the many targets by European countries.

Here a list elaborated by CNN of superyachts seized to Russian billionaires:

“Crescent”, unknown owner. $600 million. Tarragona, Spain.

“Sailing Yacht A”, Andrey Melnichenko. $577 million in Trieste, Italy.

“Valerie”, Sergei Chemezov. $140 million in Barcelona, Spain.

“Amore Vero”, Igor Sechin. $120 million in La Ciotat, France.

“Tango”, Viktor Vekselberg. $90 million in Mallorca, Spain.

“Axioma”, Dmitry Pumpyansky. $75 million in Gibraltar.

“Lady M”, Alexey Mordaschov. $71 million in Imperia, Italy.

“Lena”, Gennady Timchenko. $55 million in San Remo, Italy.

“Phi”, unknown owner. $50 million in London, England.

Tags: Roman AbramovichRussian invasion

Related Posts

BlackRock plans to cut 500 jobs
News

BlackRock to launch Nasdaq-100 ETF

Toyota promotes CFO Kenta Kon to CEO
News

Toyota to pay $3.6 billion to move truck production from Mexico to Texas

Hanwha Ocean shares plummet 23% after losing Canada submarine bid
News

Hanwha Ocean shares plummet 23% after losing Canada submarine bid

Trump strikes tariff deal with Merck KGaA
News

Trump hosts NYSE officials in Washington to celebrate Trump Accounts

Powell and Bessent met with major U.S. banks over Anthropic cyber threats
News

TeraWulf and Anthropic sign $19 billion Kentucky data center agreement

Versant to buy Full Swing in $530 million deal
News

Versant to buy Full Swing in $530 million deal

US gas prices decline for two consecutive months
News

Oil prices stay steady ahead of the July 4 holiday weekend

US job availability drops to new two-year low
News

Unemployment sits at 4.2% as US job growth slows in June

U.S. and EU move toward August 1 tariff deadline
News

EU trade with the US reaches record high

Ford CEO: Company will rethink electric vehicle strategies
News

Automakers concerned as US withdraws from USMCA trade agreement

No Result
View All Result

Recent Posts

  • In a CEO NA exclusive, Ormat Technologies CEO Doron Blachar reveals why 2026 is a breakthrough year for the geothermal innovator 
  • BlackRock to launch Nasdaq-100 ETF
  • Toyota to pay $3.6 billion to move truck production from Mexico to Texas
  • Hanwha Ocean shares plummet 23% after losing Canada submarine bid
  • The Hidden Cost of Disconnected FX Workflows

Archives

Categories

  • Art & Culture
  • Business
  • CEO Interviews
  • CEO Life
  • Editor´s Choice
  • Entrepreneur
  • Environment
  • Food
  • Health
  • Highlights
  • Industry
  • Innovation
  • Issues
  • Management & Leadership
  • News
  • Opinion
  • PrimeZone
  • Printed Version
  • Technology
  • Travel
  • Uncategorized

Meta

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org

  • CONTACT
  • GENERAL ENQUIRIES
  • ADVERTISING
  • MEDIA KIT
  • DIRECTORY
  • TERMS AND CONDITIONS

Advertising –
advertising@ceo-na.com

110 Wall St.,
3rd Floor
New York, NY.
10005
USA
+1 212 432 5800

Avenida Chapultepec 480,
Floor 11
Mexico City
06700
MEXICO

  • News
  • CEO Interviews
  • Opinion
  • Technology
  • Environment
  • CEO Life

  • CONTACT
  • GENERAL ENQUIRIES
  • ADVERTISING
  • MEDIA KIT
  • DIRECTORY
  • TERMS AND CONDITIONS

Advertising –
advertising@ceo-na.com

110 Wall St.,
3rd Floor
New York, NY.
10005
USA
+1 212 432 5800

Avenida Chapultepec 480,
Floor 11
Mexico City
06700
MEXICO

CEO North America © 2024 - Sitemap

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • Business
    • Entrepreneur
    • Industry
    • Innovation
    • Management & Leadership
  • CEO Interviews
  • Opinion
  • Technology
  • Environment
  • CEO Life
    • Art & Culture
    • Food
    • Health
    • Travel

© 2026 JNews - Premium WordPress news & magazine theme by Jegtheme.