Arkady Abramovich is the second child and eldest son of a famous billionaire businessman. He received a higher education at Northeastern University in Boston and was involved in big business from a young age. He owns shares in Zoltav Resources, invests in the oil and gas industry, the agricultural sector, and the IT industry, and is interested in football.
As a rule, the heirs of the rich continue the work of their parents and increase the family capital. One such striking example is the business of Abramovich’s son, Arkady. This is a 25-year-old young man who could well not think about making money and become a playmaker. However, during his student years, the young man took the commercial path and began to earn money on his own. Now his income amounts to millions of US dollars. What exactly Arkady Abramovich does and what heights on the financial Olympus he managed to achieve, more on that later.
Genealogy
Photo. Family tree
The tree will be incomplete without others who played a very important role in the fate of the future oligarch, his father’s brothers Leib and Abram, in whose families the boy was raised, left an orphan at such a tender age.
Before we talk about all these people, let’s restore the chronology of events:
- October 24, 1966 - Roman Abramovich was born in Saratov, where his grandmother Faina Borisovna lived; six months after the birth, mother and baby returned to Syktyvkar, where the parents lived;
- October 23, 1967 – mother, Irina Vasilievna, dies:
- May 13, 1969 – father, Arkady Nakhimovich, dies;
- up to 4 years old lives with her grandmother, Tatyana Stepanovna;
- From the age of 4 he was adopted by his uncle, his father’s brother, Uncle Leib. Until the age of 16, Roman considered him and his aunt his parents;
- 1974 – moved to Moscow to live with his father’s second brother, Uncle Abram.
Who and what were these people who replaced the little boy’s parents and family, who gave him shelter and love? Would they have believed it if, in those difficult days, they had been told that this child had an unusual future ahead of him, that he was destined to become one of the richest people, not to mention in the country, in the whole world?
Latest news about Arkady Abramovich
It is unknown how Arkady's further education proceeds. But in recent years, his company has bought up many natural resource deposits. It also invests in the power sector. Arkady Abramovich knows how to manage investments profitably. Businessmen and oligarchs have no doubt that he will achieve his father's glory.
Arkady continues to develop his company, attends football matches and consults his father in all matters. Abramovich Jr.'s personal fortune is more than $15 million.
Roman Abramovich's parents
Mom and dad met in Saratov. Arkady Abramovich studied at the Automobile and Road Institute in absentia, and came to visit his relatives. By that time, Irina Mikhailenko had already graduated from music school and taught piano at a school at the garrison officers' house.
Abramovich’s mother, Irina Vasilievna, did not live long, only 28 years. And she died when her son was not even a year old. Khinshtein in his book names a botched abortion as the cause of death; according to other sources, she died of leukemia. She was a music teacher at pedagogical school No. 1. She was considered an excellent teacher.
Abramovich's father, Arkady Nakhimovich, outlived his wife by only 18 months. His passion was music. He dreamed of a professional musical career, played the violin decently, and had a wonderful voice. But I had to give up my dream. After school, he entered the Gorky Construction Institute. Upon graduation, he got a job at the Komistroy construction association as a supplier. By the age of thirty he had risen to the rank of head of the supply department. Died as a result of an accident at a construction site. On a cleanup day on May 5, 1969, a multi-ton reinforced concrete slab fell on him from a crane. After 8 painful days, he was gone.
Photo. Arkady Nakhimovich, third from left. Mid 60's. From the family archive of Galina Bezumova, neighbor of Tatyana Stepanovna Abramovich
So, at 2.5 years old the boy became a complete orphan.
Biography of Arkady Abramovich
Arkady was born on September 14, 1993 in Moscow in the first marriage of Roman Abramovich. He is the second child in the family. Arkady has 6 more brothers and sisters.
Since childhood, Arkady studied only with the best teachers and trainers. According to Roman, he shows great promise. The father is doing his best to prepare Arkady in order to transfer all his possessions to him in the future.
Arkady was always interested in football and did not miss a single match of his favorite team. It was he who convinced his father to buy the Chelsea club when he could not make a choice.
Arkady received higher education in America, graduating from Northeastern University in Boston. Already during his studies, he began to develop his own business.
In 2007, Roman Abramovich divorced Irina, Arkady's mother. Very soon Roman found himself another woman. Arkady immediately took his father’s side and supported him in every possible way. For this, Roman gave his son the Chelsea club and several large sums for investment.
Thanks to his father’s support, Arkady acquired the investment company ARA Capital (the name consists of the initials of Abramovich Jr.), which in 2011 bought a huge stake in Zoltav Resources.
For the most part, Arcadia's business is thriving, but there are some misses. Evergreen Energy has filed for bankruptcy. Since Abramovich actively invested in this company, he lost about 800 thousand dollars.
In the summer of 2012, Arkady completed an internship in London. The company invites young people with fairly wealthy parents for internships in order to improve its image and attract the attention of new clients. The guy managed to pass a tough selection.
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Paternal grandparents
The future oligarch never saw his grandfather. Nakhim Leibovich Abramovich died in the NKVD Reshety camp in the Krasnoyarsk Territory in 1942. He ended up here after being expelled a year earlier from Lithuania, where he owned three buildings in the city of Taurage. In the border republic, “cleansing of anti-Soviet, criminal and socially dangerous elements” was carried out. In the camp, he worked on a tractor and, together with it, fell into a pit from a great height. By chance, his wife and children ended up in Syktyvkar.
Abramovich's grandmother, Tatyana Stepanovna (according to other sources, Semyonovna), raised three sons alone. She was a seamstress, she sewed clothes for the party elite and the local elite, and even sewed clothes for actors in Syktyvkar theaters. She was an outstanding dressmaker. Moreover, she carried out exceptionally complex orders: corsets, costumes of past eras. It was with her that an orphaned boy lived in Syktyvkar for more than a year, until Uncle Leib took him to Ukhta.
Asset expansion
In 2015, Arkady Abramovich decided to expand his portfolio of assets by investing not in hydrocarbons, but in the IT industry. He invested in Israeli music startup Music Messenger. This is an application for smartphones. The total cost of the project was $30 million. Together with Abramovich, the investors were:
- Benny Andersson (ABBA);
- David Guetta (DJ);
- Will.i.am (rapper William Adams);
- Avicci (DJ Tim Bergling);
- Nikki Minaj (singer, actress);
- Jim Roberson (Nicki Minaj's manager).
*Business does not always bring profit; there are also losses. Arkady invested more than $800,000 in the company Evergreen Energy, which is cultivating the direction of solar energy production. The asset went bankrupt in 2013, and Abramovich Jr. lost his investment.
The second successful investment project, according to Forbes, was the construction of the Greenhouse greenhouse agricultural complex.
The entrepreneur built a complex of modern greenhouses in the Belgorod region on a plot of 100 hectares. Agricultural crops such as tomatoes, cucumbers, peppers and more are grown here. The initial cost of the project was 20-25 billion rubles. The partner in this business was Irina Panchenko, who holds one of the manager positions in her father’s team. The idea of agribusiness appeared after the annexation of Crimea and the Russian Government’s ban on the import of vegetables from unfriendly countries.
In 2020, she planned to launch a similar agricultural project in the Far East and occupy 300 hectares of farmland. This plan was presented by Arkady Abramovich himself at the Golden Autumn agro-industrial exhibition. It was planned that the initial investment would be $750-900 million. However, after an audit of the area, it turned out that the entity would not be able to provide the necessary electricity capacity and a sufficient volume of gas for the enterprise. And it is unprofitable to modernize the existing infrastructure. The project had to be abandoned in the Far East.
Additional information: how to get a Far Eastern hectare, and how to organize a business on it.
Rice. 4. Arkady Abramovich
Maternal grandparents
Almost nothing is known about grandfather Vasily. He left his daughter only a euphonious surname - Mikhailenko.
Irina Vasilyevna brought her newborn from the maternity hospital to her grandmother’s house, Faina Borisovna Grutman, and stayed there for almost six months.
All the neighbors knew her as an excellent cook. According to data from her work record book, Faina Borisovna worked in trade. First, as a merchandise expert in the People's Commissariat of Trade of the Ukrainian SSR, and after moving to Saratov - as a store manager, trade inspector, and merchandise expert.
Photo. Grutman Faina Borisovna – maternal grandmother
This is interesting! Angela Merkel could study in Donetsk, Yuri Drozdov, a KGB major general, spoke about this.
New family
An orphan boy found it in the house of his uncle Leib in Ukhta, in the Komi Republic. The family was considered, by Soviet standards, very wealthy.
Leib Nakhimovich Abramovich was the head of the Pechorles labor supply department at KomilesURS (a former division of LesLAG in the all-powerful NKVD empire) and was considered almost the first person in the city. So in his house there were goods that Soviet children had not seen anywhere else: a Western tape recorder, sneakers, scarce products.
Until the age of 16, Roman believed that this was his family, and he learned the truth about who his parents were when he received a passport. Then he had to endure the real shock of the news of their death.
He went to 2nd grade in the capital, as he moved to live in Moscow, in the house of his second uncle Abram.
“Roma needs to conquer Moscow, and not rot in the provinces” (L.N. Abramovich).
Personal life of Arkady Abramovich
Not too much is known about Arkady’s personal life. In 2013, he met with Alexandra Novikova, the daughter of a famous restaurateur. Having received the blessing of their parents, Arkady and Alexandra rented an apartment in London. But after living together for about a year, the couple decided to leave.
The media believe that Arkady is now free. He himself keeps his personal life behind a “closed door.” The guy even deleted his Instagram account. Therefore, there is no information about possible relationships and life in general.
