Roman Abramovich now faces the prospect of having £3.2billion of UK assets frozen.
The billionaire Russian oligarch, who according to The Sunday Times Rich List is worth a staggering £10.2billion, has been hit by sanctions from the UK government.
Abramovich was identified by the Home Office in 2019 as having links to the Russian state as well as to "corrupt activity and practices", but he has denied direct links to Vladimir Putin as their relationship comes under scrutiny in light of Russia's invasion of Ukraine.
Foreign Secretary Liz Truss said: "Today’s sanctions show once again that oligarchs and kleptocrats have no place in our economy or society. With their close links to Putin they are complicit in his aggression.
"The blood of the Ukrainian people is on their hands. They should hang their heads in shame."
"Our support for Ukraine will not waver. We will not stop in this mission to ramp up the pressure on the Putin regime and choke off funds to his brutal war machine."
Abramovich has a property empire, fleets of supercars, luxury yachts and private jets based in the UK and around the world as well as ownership of Chelsea football club.
Some of these will be out of reach already, but the sale of his London homes and Chelsea will be stopped.
Here is a look at all of Abramovich's most prized assets in the UK and around the world.
London property empire
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Abramovich is one of the many Russian oligarchs who invested heavily in the London property market.
Before the government stepped in today, he had been attempting to sell some of his London homes.
MP Chris Bryant, who last week called for the Russian to be banned from owning the Premier League club and to have his home seized, told Parliament why he believed Abramovich was making the move.
He said: "Roman Abramovich - well, I think he's terrified of being sanctioned, which is why he's already going to sell his home tomorrow, and sell another flat as well."
Abramovich owns 16 Kensington Gardens, a 15-bedroom mansion valued at more than £150million.
House prices average at around £30million on the west London street which is known as 'Billionaire's row', and also contains the Russian embassy.
After buying the property in in 2009 for £90m, Abramovich was granted planning permission for a £28 million renovation to add a subterranean pool and leisure facilities.
According to The Times, staff at the Kensington property were told to expect viewings and Chinese buyers were said to be interested, but that is now all up in the air.
Despite being a far less frequent visitor to London in recent years, Abramovich has kept many of his properties including his Chelsea Waterfront Penthouse.
Located just a short distance from Chelsea's Stamford Bridge stadium, the three-storey luxury flat in Cheyne Terrace was bought for £8.75million in 2017 and has a temperature-controlled wine cellar.
He also has another house on the exclusive Cheyne Walk - with his neighbours said to include Sir Mick Jagger.
Abramovich did have three other properties overlooking the Thames and planned to knock them together to build a £100million super-home, but after outrage from locals he abandoned the plans and sold up.
There are obviously many more properties owned by Abramovich which the UK government has no control over.
His £87m holiday home on the French Riviera, Chateau de la Croe, which was once owned by Edward VIII and Wallace Simpson and now has a roof-top swimming pool.
He also owns an 18m Colarado 200-acre ski ranch with an 11-bedroom mansion, a £54m estate built in the style of a Balinese village in the Caribbean and a £17m Tel Aviv Hotel.
Super yachts
Abramovich used to have a vast collection of super yachts but now owns just two, although they dwarf the others in size.
The newest addition to his fleet is the £430million Solaris, a 430ft vessel which only took to the seas last year and was moored in Barcelona last week.
Solaris was last spotted off the Sicily coast and is now believed to be heading to Israel because Abramovich holds citizenship there.
A spokesperson for the Russian billionaire said: "We never comment on the movements of the yacht or any other vehicles or vessels."
It is the most costly custom-made superyacht ever built with 48 cabins across eight decks, a crew of 60 and space for 36 guests.
But the crown jewel is Abramovich's 533ft super yacht, Eclipse, which had also previously been docked in Barcelona but is now in the Caribbean Sea near the British Virgin Islands.
Eclipse was originally contracted at a price of around £500million but is now known as 'the $1.5billion yacht', so winning the record Euromillions jackpot five times over would still not give you enough cash.
Until 2013 it was the world's largest yacht with room for 70 crew members and 53 cabins, of which only 18 are for guests.
Eclipse has guest suites with balconies, helipads, an aquarium, three launch boats, a mini submarine for three people and a laser system for fighting off paparazzi lenses.
There are also multiple hot tubs and two separate swimming pools on board, one of which is the biggest ever placed on a private yacht and can drain out to be turned into a dance floor.
Abramovich previously owned the £100million Pelorus, Sussurro, Ecstasea, Le Grand Bleu and Luna, which was the world's biggest expedition yacht.
Private jets and helicopters
The Chelsea owner has an aircraft valued at around £400m, which includes his customised jet nicknamed "Bandit".
The drastically modified Boeing 767-33A ER has the same air missile avoidance system as Air Force One and was reportedly on sale at a value of £128m.
Named because of the black stripes near the cockpit windows, Bandit has a banquet hall to seat 30 people and has been dubbed a 'palace in the sky'.
Abramovich's jets, which have two pilots reportedly on £160,000 a year, are personalised inside with a study and supposedly a bedroom with a mirror on the ceiling.
Once asked if the mirror helped improve his sex life, Abramovich said: "No, but it does allow me to shave in bed."
He recently bought a £264m Boeing 787-8 Dreamliner jet, of which there are only 250 such aircraft in the world, which is 187 feet in length and can carry 223 passengers.
They are most owned by major airlines, with only two such planes are thought to be privately owned, and would cost around £56,000 for someone to charter per hour.
Abramovich also had three Eurocopter helicopters, two based in England so he could avoid heavy London traffic.
Fleet of supercars
The Russian boasts huge collection of supercars worth more than £16m and even splashed out £285,000 just on a number plate.
The 'VIP 1' plate was specially created by the Irish government for the visit of Pope John Paul II in 1979 and is now estimated to be worth £500,000.
One of the most sought after is the Pagani Zonda R, which is worth a whopping £2.5m because only 15 were ever produced and is not even road legal.
The billionaire also own a Porsche 911 GT1 Evo (£1.7m), a Ferrari FXX (£1.6m), a Bugatti Veyron (£1.5m), an Aston Martin Vulcan (£1.2m), a Maserati MC12 Corsa (£1.1m)
Back in 2016, Abramovich took over the Nurburgring race track in Germany so that he could race his motors with his friends.
Chelsea
While freezing of most of Abramovich's assets will only impact the oligarch himself, it's a very different matter in regards to Chelsea.
The club have been placed under a special license with strict rules, which runs until May 31 and which the government can vary, revoke or suspend at any time.
They are able to pay players and staff as well as outstanding transfer fees, but any payments received will be frozen and they can only spend a maximum of £500k on staging games and only £20k on away game travel, posing serious logistics questions in the Champions League.
Chelsea now face the daunting prospect of a summer exodus with a number of players' contracts finishing at the end of the season, including Antonio Rudiger, Cesar Azpilicueta and Antonio Rudiger.
Abramovich had been attempting to sell the football club, with a bid coming in from a consortium led by American businessman Todd Boehly, but sale was in place before the government stepped in.
While Chelsea are permitted to carry on playing matches, fans will be hit hard as they are forbidden from selling match tickets for the time being.
This morning, a government spokesperson said: "Given the significant impact that today’s sanctions would have on Chelsea football club and the potential knock on effects of this, the Government has this morning published a licence which authorises a number of football-related activities to continue at Chelsea."
It is unclear at this stage exactly what will be impacted - with claims the club will not be allowed to continue selling merchandise but food and drink purchases inside the stadium are believed to remain unaffected by the changes.
While season ticket holders can continue going to Stamford Bridge, there is also the question of whether away fans will be able to attend games.
"Today’s sanctions obviously have a direct impact on Chelsea & its fans," said Nadine Dorries, secretary of state for culture, media and sport.
"We have been working hard to ensure the club & the national game are not unnecessarily harmed by these important sanctions.
"To ensure the club can continue to compete and operate we are issuing a special licence that will allow fixtures to be fulfilled, staff to be paid and existing ticket holders to attend matches while, crucially, depriving Abramovich of benefiting from his ownership of the club
"I know this brings some uncertainty, but the Government will work with the league & clubs to keep football being played while ensuring sanctions hit those intended. Football clubs are cultural assets and the bedrock of our communities. We're committed to protecting them."
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