Muhsin Bayrak’s net worth explored amid Chelsea rumours

Earlier this week, Russian billionaire Roman Abramovich introduced that he was promoting Chelsea soccer membership.

In an announcement, the 55-year-old mentioned: “I have always taken decisions with the Club’s best interest at heart. In the current situation, I have therefore taken the decision to sell the Club.”

“I believe this is in the best interest of the Club, the fans, the employees, as well as the Club’s sponsors and partners,” he continued earlier than including that it has been an “incredibly difficult decision to make”.

Now, there are rumours that Turkish billionaire Muhsin Bayrak may very well be shopping for the membership. Who is he? And what’s his net worth? Here’s all the pieces it is advisable know…

Photo by Artyom GeodakyanTASS via Getty Images

Who is Muhsin Bayrak?

Muhsin Bayrak is a Turkish entrepreneur who is the chairman of a company called AB Group Holding which he founded in 1999.

The funding agency is concerned in various completely different industries together with building, tourism and power.

Little is understood about his background however he’s believed to be from Bitlis and presently based mostly in Istanbul.

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What is his net worth?

Various publications together with The Sun, Eurosport and The Mirror have reported that the billionaire’s has a net worth of $8 billion.

This determine has not been confirmed by Forbes and he isn’t wealthy sufficient to seem on their Top 200 billionaires record.

However, in keeping with Forbes, Chelsea soccer membership is worth a staggering $3.2 billion.

So, Muhsin would want to have a net worth of no less than $8 billion to have the ability to purchase the membership.

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Roman Abramovich’s net worth

Former Chelsea proprietor Roman Abramovich has a net worth of $12.4 billion in keeping with Forbes.

This makes the Russian oligarch and politician the 124th richest man on this planet.

His staggering wealth has been collected via a wide range of completely different revenue streams together with stakes in metal corporations Evraz and Norilsk Nickel, his personal funding agency Millhouse LLC and possession of Chelsea.

From Saratov, Russia, he owns the world’s second-largest yacht, the $400 million 533-foot Eclipse and has thousands and thousands of {dollars} worth of property the world over.

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