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Articles with tag "billionaires"

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...

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

Tech Billionaire Volozh to Remain Under EU Sanctions – Bloomberg

The Yandex co-founder is expected to be kept on the EU’s sanctions list for “another six months at least,” according to a Bloomberg source.
1 Min read

Billionaire Mamut Eyes New 'Liberal' Media Project After Fleeing Russia

Alexander Mamut dismissed the reports as a “pure lie.”
2 Min read
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