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Roman Abramovich

A collection of news and information related to Roman Abramovich published by this site and its partners.

Top Roman Abramovich Articles see all

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  • Wandering Eye: Art is celebrated and suppressed in Russia, the Magna Carta at 800, and more

    Wandering Eye: Art is celebrated and suppressed in Russia, the Magna Carta at 800, and more
    The story of George Lucas' self-financed, $100 million affordable housing project on his own land in Marin County, California, is so great you can't believe it. Described as "workforce housing," the 224 apartments would be available to households earning $66,000 to $101,000 a year, NPR's Marketplace reported Friday, before interviewing nice Lucas Valley Homeowners Association people who lamented the loss of the fields upon which they once rode their horses, etc. The back story, according to the radio piece, was a battle over affordable housing that began three years ago, which the show illustrated with an audio clip from a meeting where residents literally used the word "ghetto" to describe the threat posed from riffraff earning barely six figures (7:22). The Washington Post actually had more background in April, noting that Lucas originally wanted to use the site to expand his production company, but was beaten back by neighbors. The affordable housing use is his second choice. "We got letters saying, 'You guys are going to get what you deserve. You're going to bring drug dealers, all this crime and lowlife in here,'" Carl Fricke, a board member of the Lucas Valley Estates Homeowners Association, told the Contra-Costa Times in 2012. In the world of Lucas-level money there is a well-established tradition of "spite housing." (Baltimore residents may look no further than Reservoir Hill, where the "mother of all spite houses" blocks the lake view of the once grand—now very Baltimoreified—Emerson Mansion at 2500 Eutaw Place, which is set once again for auction next week.) Lucas professes surprise that anyone would see his plan in that light. WaPo found this quote, also from the Times: "I've been surprised to see some people characterize this as vindictive." Then WaPo throws in the kicker: "According to Census estimates, 7.7 percent of county residents live below the poverty line." The poverty line, remember, is not $66,000 a year, the minimum cutoff for this proposed affordable project. It's more like $24,000, for a family of four. Those people are nowhere in this conversation. (Edward Ericson Jr.)
  • Forbes: Jordan entra a formar parte de los más ricos con patrimonio de $1,000 millones

    Forbes: Jordan entra a formar parte de los más ricos con patrimonio de $1,000 millones
    Houston (EEUU), 2 mar (EFE).- El legendario Michael Jordan sigue incrementando su patrimonio y fortuna que le ha permitido alcanzar los 1.000 millones de dólares y entrar a formar parte en la lista de los hombres más ricos del mundo que cada año da a...

    Recharge your phone in 30 seconds? Israeli firm says it can

    Recharge your phone in 30 seconds? Israeli firm says it can
    An Israeli company says it has developed technology that can charge a mobile phone in a few seconds and an electric car in minutes, advances that could transform two of the world's most dynamic consumer industries. Using nano-technology to synthesize...

    Marina del Rey adjusts to Russian billionaire's mega-yacht

    Marina del Rey adjusts to Russian billionaire's mega-yacht
    Locals are becoming accustomed to the sight of a mega-yacht moored off Marina del Rey that is longer than a football field and topped with a gaggle of gadgets that looks like a Christmas tree without greenery. And as more and more people figure out what...

    L.A. roads? The worst. Literally.

    L.A. roads? The worst. Literally.
    How would you and your car like to move to Ft. Wayne, Ind.? Or Davenport, Iowa? Because the roads there are twice as good as L.A.’s -- or to put it more correctly, they’re only half as bad. The roads from Santa Ana to Santa Clarita are the...