Roman Abramovich announced yesterday his plans to sell Chelsea football club.
In a statement on the Chelsea website the Russian Oligarch said he had made the "incredibly difficult decision" which "pains him."
Within the statement he also said that he would not ask "for any loans to be repaid" and said the net profit of the sale would be donated to all victims of the war in Ukraine following Russia's invasion.
Chelsea's loans top around £1.5bn and the the club said to be on sale for between two and three billion, so there's not many people rich enough in the world to write off that amount of cash.
According to Forbes, Russian born Abramovich owns shares in steel giant Evraz, Norilsk Nickel and the vast majority share of Chelsea Football Club.
Read more: Roman Abramovich puts Chelsea up for sale 'in best interests of club'
Abramovich was born a penniless orphan in Saratov, south west Russia. He was raised by his grandparents in Komi, Siberia, from the age of four.
He reportedly started out making money by selling plastic dolls on a market stall but made his millions during the collapse of the Soviet Union, buying and then selling off previously state-owned companies.
He was involved in buying up Russian oil company Sibneft and then selling it for eye-watering profit.
He previously also had shares in Russian airline Aeroflot which he sold.
He is the second largest stakeholder of Evraz, Russia's second-biggest steelmaker, according to Bloomberg.
His estimated net worth is valued at 9.27 billion pounds or 12.4 billion US dollars.
Abramovich is number 142 on Forbes Billionaire's list, he owns the World's second-largest yacht at 533 foot. The Eclipse was bought for nearly $400 million in 2010.
