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HOW HE SPENDS, SPENDS, SPENDS ...

Europe Intelligence Wire

| October 01, 2005 | COPYRIGHT 2005 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Irish Independent)

How does a man of Abramovich's incredible wealth actually spend his money? Read on ...

Yachts - 340m. He owns four luxury yachts, each one a top-of-the-range world class model. One boasts a missile detection system and two helipads. Annual running costs are around 36m. He recently paid out 175,000 when one of them was mistakenly filled with the wrong fuel.

Houses - 80m. He owns at least five luxury homes, two each in England and Russia and one in France. His London pad, a six-story Belgravia mansion is worth 40m. At his principal home in Surrey, the kitchen alone cost nearly 750,000.

Holiday Resort - 320m. He was so taken by a crumbling 100-room Croatian hotel that he bought it and the surrounding resort. The figure includes the estimated renovation costs.

Vineyard - 15m. Some people go to a vineyard to buy wine. He so liked what he saw on a visit to Italy that he snapped up the entire property.

Aircraft - 120m. He owns two private jets, an adapted Boeing 373 and a Boeing 767, both with custom-designed interiors.

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