Russian oligarch admits he leads an "extravagant" life


LONDON (Reuters) - Billionaire Roman Abramovich was forced to swallow his words in a London court on Tuesday, when details of his luxury lifestyle undermined his declaration that he never wanted to imitate the extravagances of rival Russian oligarch Boris Berezovsky.

The pair are locked in a $6 billion legal battle in London's Commercial Court, with Berezovsky accusing his former protege of intimidating him in 2000 into selling shares in oil company Sibneft at a fraction of their value.

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