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Roman Abramovich Photo: AP
Roman Abramovich Photo: AP
 
 

Abramovich searching for Tel Aviv home

Billionaire, owner of Chelsea soccer team, said to have toured city Neve Tzedek neighborhood with his team's manager Avram Grant

Ofer Petersburg
Published: 11.21.07, 08:55 / Israel Business

Billionaire Roman Abramovich, owner of English football team Chelsea, is searching for a home in Israel.

 

In the past few days, it has become known that the millionaire toured the Neve Tzedek neighborhood in Tel Aviv with his team's manager, Avram Grant, and looked into the possibility of buying a few homes, and an estate for a friend.

 

According to Abramovtch's aid, the millionaire has taken an interest in the past in purchasing a home in Haifa.

 

Meanwhile, property prices in the Neve Tzedek neighborhood, one of the oldest in the first Hebrew city, are on the rise. Recently, Marius Nacht, founder of the Check Point company, purchased the historic Shlush home for $16 million.

 

Abramovich is fond of flying on a private Boeing 767. He is ranked by Forbes as being the 11th richest person in the world, and is estimated to be worth $18.2 billion. According to the Sunday Times, his wealth grew in 2006 by almost $6 billion, reaching $21.2 billion.

 

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