Russian billionaire in the UK unable to pay rent due to sanctions
Home > News Shots > World newsWhat will a war do? Increase the number of deaths in clusters and create millions of refugees. Wealth of millionaires will forchibly turn to poverty. The same thing happened to Roman Abramovich, a popular Russian businessman.
War
Russian President Vladimir Putin declared war on Ukraine on February 24. As a result, the Western world imposed various sanctions on Russia. In addition, many other countries have ordered the freezing of assets of the Russian businessmen.
Many of the world's leading countries, including Germany, the United States, Britain and France, have imposed sanctions on Russia.
Roman Abramovich
Roman Abramovich, a native of Russia, is a billionaire. He owns a house worth £ 22 million in west London. Roman also owns more than 1.2 billion worth of boats, jets, helicopters and supercars in Britain and around the world he is also the owner of the famous Chelsea team in England.
Rent
Roman has a magnificent mansion in the Kensington Palace Gardens area of London. Nearby are Prince William of England and his family. Built in 1848, this majestic mansion is owned by the Queen of England.
Roman had leased this building for 125 years from the Queen. For this he had to pay a fee of £ 10,000 annually.
Ban
Roman's assets have been frozen due to the UK sanctions on Russia. Thus his income has come to a complete standstill. Meanwhile, it seems likely that the UK will take action against the mansion if Roman does not pay his rent.
Officials say Roman has no chance of selling other properties as those properties are frozen too. He has been forced to pay even the rent for the house where he is staying as Roman-owned shares in the London Stock Exchange have been frozen.
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