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Russian State Prosecutors Seek Forfeiture of Jailed Billionaire’s Assets

Vadim Moshkovich is the first Forbes-listed billionaire to be arrested after Russia’s full-scale invasion of Ukraine.

Russian Yacht, Cruise Ships Ferry Seafarers Out of Gulf – Philippines

The Russia-flagged Nord, a 142-meter-long yacht reportedly linked to the Russian billionaire Alexei Mordashov, passed the strait on Saturday.

Russia’s Nornickel Reports Sharp First-Quarter Drop in Metal Output

Analysts say further EU restrictions on Russia’s Murmansk port, a key export route for the company’s metals, could add fresh pressure this year.

Russian Billionaire Abramovich Takes Britain to ECHR Over Jersey Probe

Abramovich's representatives say the investigation is holding up the release of funds from the 2.5-billion-pound ($3.37 billion) sale of Chelsea FC.

Tinkov-Founded Fintech Plata Hits $5Bln Valuation After $405M Funding Round

The deal makes Plata the most valuable private financial technology company in Latin America.

Russia Warns Rusal Over High Domestic Aluminum Prices, Threatens Antitrust Case

The move raises pressure on one of the country’s key metals producers as authorities seek to shield local industry from rising costs.

Record 155 Russians Make Forbes Billionaires List

It marks the fourth consecutive year that the number of Russian billionaires on the list has grown.

Spanish Police Search Mallorca Villas Linked to Russian Helicopters Chief Kolesov – El Pais

The searches follow a 2025 investigation by the late Kremlin critic Alexei Navalny’s Anti-Corruption Foundation.

opinion Vladislav Inozemtsev

The Ukraine War Has Tied Russia's Elites Closer to the Kremlin

With fewer options for stashing their money abroad, Russia's elites are increasingly reliant on Moscow.

Finland Seizes Sanctioned Billionaire Boris Rotenberg's Villa – Yle

Rotenberg has been unable to transfer funds to Finnish bank accounts in recent years due to sanctions restrictions, Yle said.

U.K. PM Warns Abramovich 'Clock Is Ticking' Over Chelsea Sale Fund

The frozen £2.5 billion generated from the sale of the club has been earmarked to help Ukraine's war victims.

Arkady Volozh’s Second Act

The former head of Yandex has made a remarkable business pivot. How did he pull it off?

Russian State Property Chief Steers Assets to Putin Allies – The Insider

Vadim Yakovenko has amassed millions of dollars' worth of real estate and flies on private jets, The Insider reported.

Russian Billionaire's Seized Superyacht Sold to Family of Trump-Linked Dubai Tycoon – Vyorstka

The 106-meter Amadea's likely new owners are the family of Emirati billionaire Hussain Sajwani, Vyorstka reported.

Russia and U.K. Tied in Billionaires Ranking

The two countries now share fourth place behind the United States (with 1,135 billionaires), China (321) and Germany (184).

Chelyabinsk Court Orders Billionaire Strukov to Pay $50M Over Mining Accident

Konstantin Strukov’s former company, the gold producer Yuzhuralzoloto, was accused of systemic violations that led to an April 2024 dam collapse, which...

Putin Friend Timchenko Acquires Shell’s Former Stake in Western Siberia Oil Producer – Kommersant

Shell had ceded its 50% stake in Salym Petroleum Development following Russia’s full-scale invasion of Ukraine.

EU Weighs Handing Raiffeisen $2Bln in Deripaska-Linked Strabag Shares – FT

EU ambassadors were expected to discuss the plan in Brussels on Friday, with “several” member states likely to object, the FT reported.

opinion Vladislav Inozemtsev

Russia's Billionaires Are Losing the Global Wealth Race

Russia’s billionaires once rivaled Microsoft & Bill Gates. Today, just six remain in the global Top 100, trapped at home and stripped of global influence...

EU Court Annuls Sanctions on Russian Billionaire Dmitry Pumpyansky

Pumpyansky, whose fortune is estimated at $2.9 billion, was first sanctioned in March 2022.

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