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Report Says Abramovich Settlement Worth $300 Million

Roman Abramovich and his wife, Irina, in 2004 (AFP) March 15, 2007 -- A Russian newspaper is reporting that multibillionaire Roman Abramovich has agreed to pay a $300 million divorce settlement to his ex-wife, Irina.

The Russian business daily "Vedomosti" reported that "two acquaintances of Abramovich" said the sum is part of "an amicable agreement."

Abramovich, Russia's richest man, is worth an estimated $18.7 billion. News of the divorce became public on March 14.

(Reuters, dpa)