Monaco resident Dmitry Robolovlev, best-known for his part-ownership of football team AS Monaco, has increased his wealth by $49.4 million over the year to August 6, 2019, representing a growth of 0.5 percent.
The 52 year-old holds most of his $10.2 million wealth in cash, Bloomberg reported. He is listed in Bloomberg’s Billionaire Index, which ranks the world’s richest 500, at number 142.
Rybolovlev sold stock in Uralkali in 2007 for more than $1 billion, and two fertiliser companies for nearly $7.5 billion in 2010 and 2011. Over the past five years he has been involved in a legal wrangle over artworks with Swiss art dealer Yves Bouvier.