Friday, April 24, 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

The shift from oil isn’t just about being ‘green’ anymore. It’s a massive power move for national security.
News

Oil prices stabilize amid increasing Hormuz Strait tensions

Tesla shareholders restore Musk’s $45B pay package
News

Tesla shares fall despite 16% YoY earnings increase

American Airlines stock falls after cutting profit outlook
News

AA reports record Q1 revenue, lowers forecast due to fuel costs

Best Buy combats theft with increased staff presence
News

Best Buy CEO Corie Barry to step down in October

Boeing strikes to end as workers accept deal
News

Boeing’s Q1 results top estimates as turnaround gains momentum

Trump, Musk, Jensen Huang and Larry Fink attend US -Saudi Investment Forum
News

Trump promises to ‘remember’ companies that don’t ask for tariff refunds

Trump praises Intel CEO following meeting
News

Pat Gelsinger, former Intel CEO joins Syenta board

U.S. retail sales increased by 1.7% in March
News

U.S. retail sales increased by 1.7% in March

Tim Cook celebrates ‘record-breaking quarter’ for Apple
News

Apple CEO Tim Cook to step down later this year

Elon Musk loses reinstatement bid for $56 billion pay package
News

Musk and former X CEO under investigation by French cybercrime authorities

No Result
View All Result

Recent Posts

  • There are fixes for AI’s toll on the power grid. Here’s why they’re not happening
  • Record CEO turnover is rewriting who gets the top job
  • Oil prices stabilize amid increasing Hormuz Strait tensions
  • Tesla shares fall despite 16% YoY earnings increase
  • AA reports record Q1 revenue, lowers forecast due to fuel costs

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.