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Chelsea's Russian owner Roman Abramovich applauds, as players celebrate their league title win at the end of the Premier League football match between Chelsea and Sunderland at Stamford Bridge in London on May 21, 2017.
Chelsea's extended victory parade reached a climax with the trophy presentation on May 21, 2017 after being crowned Premier League champions with two games to go.  / AFP PHOTO / Ben STANSALL / RESTRICTED TO EDITORIAL USE. No use with unauthorized audio, video, data, fixture lists, club/league logos or 'live' services. Online in-match use limited to 75 images, no video emulation. No use in betting, games or single club/league/player publications.  /         (Photo credit should read BEN STANSALL/AFP/Getty Images)
Chelsea's Russian owner Roman Abramovich applauds, as players celebrate their league title win at the end of the Premier League football match between Chelsea and Sunderland at Stamford Bridge in London on May 21, 2017. Chelsea's extended victory parade reached a climax with the trophy presentation on May 21, 2017 after being crowned Premier League champions with two games to go. / AFP PHOTO / Ben STANSALL / RESTRICTED TO EDITORIAL USE. No use with unauthorized audio, video, data, fixture lists, club/league logos or 'live' services. Online in-match use limited to 75 images, no video emulation. No use in betting, games or single club/league/player publications. / (Photo credit should read BEN STANSALL/AFP/Getty Images)BEN STANSALL/Getty Images

EPL Club Owners Roman Abramovich, Stan Kroenke Make 2018 Forbes Billionaire List

Rory MarsdenMar 6, 2018

Chelsea owner Roman Abramovich and Arsenal majority shareholder Stan Kroenke have been named in Forbes magazine's latest list of global billionaires. 

According to the list, topped by Amazon founder Jeff Bezos, Russian Abramovich is worth $10.8 billion, while American Kroenke is worth $8.3 billion. 

Eclipsing both of them in the world of football is Alisher Usmanov. The Uzbek-born businessman owns 30 per cent of Arsenal and, according to Forbes, boasts wealth of $12.5 billion.

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Tottenham Hotspur's owner, Joe Lewis, is also named on the list due to his $5 billion fortune, which puts him above United States President Donald Trump (estimated worth $3.1 billion).

Abramovich, 51, paved the way for the current ubiquity of foreign owners in the Premier League when he bought Chelsea for £140 million ($233 million) back in the summer of 2003.

Chelsea's Captain John Terry (C) lifts the Premiership trophy alongside Didier Drogba (2nd R) and Joe Cole (R) after defeating Manchester United to win the Premiership title at Stamford Bridge in London 29 April 2006. Chelsea won the game 3.0. AFP PHOTO A

His early splurges in the transfer market—on the likes of Hernan Crespo, Claude Makelele, Didier Drogba and Juan Sebastian Veron—and the hiring of Jose Mourinho as manager led to a brief dominance for the Blues in England as they won back-to-back Premier League titles in 2005 and 2006.

The west London outfit have remained a force in the English top flight ever since and become one of Europe's best clubs.

However, Chelsea's competitors responded to Abramovich's spending power. The Blues have been more moderate in their transfer outlay recently, especially when compared to Manchester City and Manchester United, per Tony Banks in the Express.

Arsenal, meanwhile, have long been playing catchup in the spending arena despite the huge wealth of their owners.

Recent splurges on Pierre-Emerick Aubameyang, Alexandre Lacazette, Shkodran Mustafi and Granit Xhaka have ended the Gunners' reputation as a frugal club.

But it has not proved enough to propel Arsenal to the status of Premier League contenders once again. 

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