Abramovich snaps up Colorado ranch

The Russian billionaire and owner of Chelsea football club, Roman Abramovich, is reported to have bought up yet another enormous estate, this time in Colorado.

According to the Wall Street Journal, the new property cost him some $US 37 dollars.

The 200-acre ranch boasts a huge house with 11 bedrooms, 12 bathrooms and a climate-controlled wine room with tasting area.

The former owner of the ranch was American magnate Leon Hirsch, the founder of the United States Surgical Corporation.

In February, Abramovich bought another house in the U.S. which cost him $US 12 million.

His known real-estate investments in the country are now thought to be almost $US 50 million.