Sanctioned Russian oligarch Roman Abramovich is looking for a house in Dubai, according to a report by Bloomberg.
This comes after one of Abramovich’s private jets landed in the city earlier this month, according to flight-tracking sites.
The tycoon, who owns Chelsea Football Club and whom Bloomberg estimates is worth about $13.5 billion, has close ties to the Kremlin. His name was included among those sanctioned by the UK on March 10 and the EU on March 15.
Abramovich is believed to have an extensive property portfolio. He’s previously been linked to properties in New York, France, and London, each worth millions of dollars. He also has at least two superyachts, multiple private jets, a helicopter, and a number of luxury cars.
And Abramovich is considering adding another property to the list, according to Bloomberg’s report. In recent weeks he’d been looking at houses on Dubai’s Palm Jumeirah, people familiar with the matter told the publication.