Russian billionaire Roman Abramovich will be hosting what promises to be one of the most extravagant bashes anywhere to see in the new decade.

He and his girlfriend Daria Zhukova, are expected to spend up to $4.8m on a beach party for 250 people on the Caribbean resort island of Saint Barthélemy.

The London Times reports that the singer Prince is to perform for them for a fee said to be $760,000.

According to TMZ, Roman Abramovich dropped $47,221.09 on lunch at famed New York eatery Nello’s on Friday.

The tab came to $47,221.09. He added another $5,000 tip (on top of the $7,328 gratuity already included) for a total of $52,221.09.

The lunch menu comprised of filet mignon, white truffles and a bunch of expensive wines and it fed ten people at the table.

Russian Oligarch Roman Abramovich has installed a laser based anti-paparazzi shield on his new record breaking mega yacht - the Eclipse.

Measuring 557ft long, it boasts two swimming pools, two helipads and an onboard missile defence system.

The boat’s anti-paparazzi system, described in several reports as a “laser shield”, is a little less science fiction than it sounds.

Roman Abramovich, has spent $89million on a luxurious Caribbean estate in one of the most expensive private home sales of all time.

According to the Wall Street Journal, the property has Balinese bungalows with ocean views, tennis courts, swimming pools and music and dining pavilions.

“It’s very open bungalows, and it’s like you’re basically living on a beach,” the former owner says.

Billionaire Chelsea boss Roman Abramovich is topping other high fliers with private jets - by splashing out on his own airport, it was reported today (monday).

Abramovich is heading a syndicate of Russian tycoons in a bid to snap up Tassignano airport in northern Italy as an investment.

The terminal - worth more than 4 million GBP - is near a settlement of exclusive villas and holiday homes, reports Italy’s Corriere della Sera newspaper.

Russian oligarch, Roman Abramovich’s mega-yacht ‘Eclipse’ has finally made a preliminary launch at the Blohm & Voss shipyard in Hamburg, Germany where it was built secretly for more than two years.

Estimated to have cost around $500 million, the vessel is nearly 170 meters long.

It has room for 24 guests, with a crew of 70. It is 13,000 tonnes, and can achieve a top speed of 33 knots. Its cruising speed is 22 knots.