Russian Billionaire is a Stakeholder of Monaco Soccer Club

The former owner of Uralkali, a Russian fertilizer maker known as a Billionaire, Dmitry Rybolovlev just recently purchased a controlling stake in the Monaco soccer club. Back in 2010, the Russian billionaire sold his controlling stake in Uralkali to investors which were led by another billionaire, Suleiman Kerimov.

During the next four years, Billionaire Rybolovlev’s Investment in the soccer Club will be at least $130 million, because of the 67 percent take that was acquired, while 33 percent will remain will be with Association Sportive de Monaco Football Club. According to the statement released by Rybolovlev’s press office via email, a new board of directors has been approved for the football club since December 23, 2011.

Source: Bloomberg.com

Like Haute Living Moscow? Join our Facebook page or follow us on Twitter @HauteLivingMag Want Haute Living Moscow delivered to your inbox once a week? Sign up for our newsletter.