Roman Abramovich’s legal team argues that he is not the owner of the assets cited in a 2021 piece
Russian billionaire Roman Abramovich’s lawyers have sent a formal demand to the German Left party to remove a 2021 article from its Ecological Platform. The piece described Abramovich as “the largest polluter among billionaires” due to his alleged ownership of a 162.5-meter superyacht, a Gulfstream G650 jet, two helicopters, and a submarine.
According to a statement by Die Linke (the Left party) last week, the party received a legal warning that the article contains false information. Abramovich’s legal team argued that he does not own the assets and warned that legal action will follow if the post is not deleted.
Die Linke has declined to remove the article, saying the information “was confirmed by a number of sources, including official state data.”
“If Mr. Abramovich really wants to disclose his finances in a German court to prove something – fine. We are even interested to know what exactly he owns, so we know what could be seized for the reconstruction of Ukraine,” the co-chair of its parliamentary group, Jan van Aken, has said.
Western nations imposed sweeping sanctions on Russia after the escalation of the Ukraine conflict in 2022, freezing more than $300 billion in reserves and seizing assets from individuals they accused of profiting from the conflict. They have also proposed using the frozen funds to rebuild Ukraine. Moscow has condemned the move as “outright theft.”
According to Forbes, the billionaire – who holds Russian, Israeli, and Portuguese citizenship – had a net worth of $14.5 billion in 2021.
Earlier this year, Abramovich’s representatives lodged a complaint against The Guardian over an article linking him to alleged financial activities related to the Kremlin, which his lawyers described as “defamatory and wholly inaccurate.” The complaint was eventually resolved with clarifications issued by the newspaper.
Abramovich has remained in the spotlight over the frozen proceeds from his 2022 sale of Chelsea Football Club. The UK government froze around £2.3 billion ($2.9 billion) from the deal, insisting it be used for Ukraine’s reconstruction. He completed the sale to US investors shortly after being sanctioned by London, denying any Kremlin ties. Abramovich says he wants the funds to aid victims on both sides, but the money remains in dispute.
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