Revealed: how Roman Abramovich dodged taxes on cost of running his fleet of superyachts
Briefly

Roman Abramovich, the Russian oligarch, was known for his extravagant lifestyle, particularly concerning his superyachts. In 2011, his impressive 162-metre yacht, the Eclipse, became the centerpiece for a lavish New Year's celebration, featuring high-profile guests and a private concert by the Red Hot Chili Peppers. However, a recent investigation highlights a darker aspect of his fortune: the use of offshore companies to avoid substantial tax duties potentially worth millions. This revelation raises questions about his financial dealings and adherence to tax regulations, shedding light on the world of billionaire wealth and offshore financial schemes.
"Abramovich had always been magnanimous with his yachts, documents show, welcoming guests including Chelsea football players Frank Lampard and John Terry, and the club's manager Jose Mourinho."
"An investigation by the Guardian, the BBC, the Bureau of Investigative Journalism and international partners Der Spiegel and ZDF uncovers how an offshore scheme appears to have helped companies owned by the billionaire avoid duties potentially amounting to tens of millions of dollars."
Read at www.theguardian.com
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