BUSINESS

Billionaire Roman Abramovich Maintains 40-Person Personal Army

The Russian tycoon Roman Abramovich has boosted his security staff to create a 40-strong "private army", making him one of the best-protected tycoons in the world.

According to security sources, the owner of Chelsea football club now has about 20 bodyguards in Britain. A similar number are employed to protect him for jaunts in his yachts, trips to Russia and stays in his overseas properties.

The squad - estimated to cost about £1.2m a year - is about eight times the size of the typical security teams used by businessmen and celebrities. Abramovich, worth £10.8 billion, is said to have wanted better protection because of increasing concerns about the risk of kidnap.

Read more on The Times (UK)