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Articles with tag "billionaires"
Russian Billionaire’s Superyacht Heads to Auction in United States
The 348-foot Amadea, valued at more than $300 million, features a helipad, pool, jacuzzi, gym, spa, beauty salon and eight staterooms for up to 16 guests...
U.K. High Court Rejects Russian Billionaire’s Bid to Lift Sanctions
The ruling deals a blow to legal challenges against London’s post-invasion Russia sanctions regime.
1 Min read
Russian Steel Tycoon Warns of South Korea-Style Corporate Concentration
Western sanctions have forced Moscow to rely more heavily on its largest corporate players to sustain key industries and national revenue.
1 Min read
Russian Billionaire Puts $216M Bank Stake for Sale on Online Marketplace – Kommersant
The 5% stake in Sovcombank put up for sale on Avito belongs to billionaire Mikhail Klyukin, Kommersant reported.
2 Min read
Russian Billionaire’s Superyacht Receives Clearance to Cruise Arctic Waters
Mordashov, owner of steel giant Severstal whose net worth Forbes places at $28.6 billion, acquired the 142-meter yacht Nord in 2020.
1 Min read
Russian Tycoons Earn Record $20 Billion in Dividends Amid Recession Worries
At least 11 individuals received over 50 billion rubles ($650 million) each in dividends last year.
2 Min read
Investigative Report Alleges Links Between Billionaire Deripaska and Prostitution Ring Involving Minors
The alleged sex ring operated from at least 2018 to 2019 and masqueraded as regional teen beauty pageants, modeling agencies, as well as dating websites...
2 Min read
U.K. Threatens Abramovich With Legal Action Over Frozen Proceeds of Chelsea Sale
London has pledged that the proceeds of the sale would be used “exclusively” for humanitarian purposes in Ukraine.
2 Min read
Billionaire Rotenberg’s Son Ousted as Coach of St. Petersburg Hockey Club
Roman Rotenburg has presided over a team in decline since taking over SKA St. Petersburg in 2022.
2 Min read
Russia’s Richest Have Gained $22.5Bln Since Start of 2025
Metals tycoon Vladimir Potanin remained Russia’s richest person, with his net worth rising by $3.82 billion since January to $31.7 billion.
2 Min read
opinion
Saahil Menon
Why an Indo-Russian Newcomer to the Forbes List Matters to Putin
The unique success story of self-made billionaire Vikram Punia could inspire fellow Indian entrepreneurs to follow in his footsteps and pursue the “Russian...
5 Min read
Vologda Governor Urges Billionaire Mordashov to ‘Bury the Hatchet’ Amid Ongoing Feud
“Alexei Mordashov and I shouldn’t be like Beavis and Butt-Head... always blaming each other,” Governor Georgy Filimonov told RBC.
2 Min read
Nearly 1 in 4 Russian Billionaires Fled Country After Invasion of Ukraine – Proekt
Forty-nine of the 200 Russian businessmen on Forbes’ list of billionaires left Russia in late February and March 2022, Proekt reported.
2 Min read
U.S. Lifts Sanctions on Wife of Russian Billionaire Rotenberg
Karina Rotenberg, the wife of Putin's childhood friend Boris Rotenberg, was sanctioned shortly after the full-scale invasion of Ukraine.
2 Min read
15 New Russian Billionaires Enter Forbes 'World's Richest' Ranking, Kim Remains Richest Woman
The Kremlin's wartime redistribution of foreign assets and a wave of nationalizations have created a new Russian elite.
2 Min read
Russian Billionaire Vadim Moshkovich Placed in Pre-Trial Detention on Fraud Charges
Moshkovich’s arrest is reportedly linked to a conflict with the founders of Solnechny Produkti, a major supplier of vegetable oils and fats.
1 Min read
Sanctioned Russian Billionaire Arrested on Fraud Charges – State Media
The arrest of Rusagro founder Vadim Moshkovich marks the highest-profile fraud case against a business leader since the invasion of Ukraine.
2 Min read
Moscow Airport’s Billionaire Co-Owner Sells Lavish NYC Penthouse at Half of Asking Price
The property was put on the market as part of Kogan’s wider effort to sell off his real estate that started after Russia’s invasion of Ukraine in 2022...
2 Min read
Sanctioned Russian Billionaires Fridman and Aven Sell Bank Stakes for $2.5Bln – FT
The longtime business partners struck a deal in 2023 to sell their stake in Alfa-Bank and Alfa Strakhovanie to Andrei Kosogov, a former associate.
2 Min read
Russian Billionaire Antipov Detained After Steel Plants Nationalized
Earlier on Monday, a court ruled to seize three steel production plants owned by billionaire Yury Antipov.
1 Min read
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