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Articles with tag "Oligarchs"

late-night meeting

Business Leaders Voice Alarm to Putin Over ‘Frightening’ Nationalizations – Vedomosti

Around 80 businessmen and officials gathered at Putin's residence outside Moscow for the late-night meeting.
tycoon takedown

France Charges Russian Billionaire Kuzmichev With Tax Fraud

Alexei Kuzmichev was "placed under judicial supervision" and banned from leaving the country, according to French authorities.
2 Min read
alfa group

France Arrests Russian Tycoon Kuzmichev in Tax, Sanctions Probe

Police reportedly carried out raids on several properties linked to Russian billionaire Alexei Kuzmichev, including his Paris home.
2 Min read
change of address

Sanctioned Russian Billionaire Fridman Returns to Moscow, Intends to Move to Israel – Reports

"The businessman is currently in Moscow and now plans to visit Russia regularly," Alfa Group’s press service said.
2 Min read
opinion Alexandra Prokopenko

Putin Is Betting On a New Class of Asset Owners to Shore Up His Regime

Having apparently lost faith in the old elites, Putin is forming a new class of proprietors in Russia who will be indebted to him and his regime.
4 Min read
tycoon turmoil

Russia Files Lawsuit Against Country's Wealthiest Businessman

Andrei Melnichenko is accused of “corrupt collusion” in a deal to buy a Siberian power plant operator from an ex-minister who is currently on trial...
1 Min read
war footing

Russian Billionaires Supply Kremlin’s Army, Military-Industrial Complex – Proekt

Proekt detailed business ties between the companies of 81 tycoons and Russia’s military amid its war in Ukraine.
2 Min read
opinion Farida Rustamova and Maxim Tovkaylo

‘We Were Called In for a Meeting and Handed Weapons’: How the Russian Elites Survived the Prigozhin Rebellion

Sources in Putin's circle, the Kremlin, the government, and state-owned companies described panicked flight-booking, self-armament and doomscrolling.
9 Min read
Pillage profit

Russia Plunders Industrial Goods from Occupied Mariupol – Reports

Citing customs records, journalists estimated that Russia had plundered more than 1 billion rubles ($15 million) worth of goods by September 2022.
2 Min read
confiscated asset

France to Sell Late Putin Opponent's Riviera Chateau

Boris Berezovsky's multi-million-euro chateau was confiscated by French authorities in 2015, two years after he was found dead in exile.
2 Min read
'consortium of billionaires'

Putin Signs Off on Sanctioned Tycoons’ Shared Yandex Stake – Reports

Russia’s richest man Vladimir Potanin, oil tycoon Vagit Alekperov, steel magnate Alexei Mordashov and VTB Bank will take on the majority stake.
2 Min read
first step

U.S. Sets $5.4Mln Seized from Russian Oligarch for Ukraine Reconstruction

The move marks the United States' first transfer of seized Russian assets to a fund for rebuilding Ukraine.
1 Min read
on the market

Russian Billionaires Line Up to Buy Yandex – Reports

Oil magnate Vagit Alekperov and steel tycoon Alexei Mordashov were shortlisted as Yandex’s likely buyers. 
2 Min read
Fridman probe

Russian Billionaire Seeking Sanctions Relief Insures Moscow's Battle Equipment – Investigation

Companies linked to Russian billionaire Mikhail Fridman have been linked to Russia's war effort in Ukraine.
2 Min read
candid comments

Russian Businessmen Slam Putin, Ukraine Invasion in Leaked Call – Reports

The recording highlights the frustration with Russia’s leadership and war effort among the country’s elite.
2 Min read
Richer and richer

Number of Russian Billionaires Jumps in 2023 Despite Sanctions – Forbes

The overall wealth of Russian billionaires rose from $353 billion in 2022 to $505 billion this year.
2 Min read
White Rex

Leader of Russian Volunteer Corps Placed on Interior Ministry Wanted List

The head of a far-right military unit fighting on the side of Ukraine has been placed on Russia's wanted list.
1 Min read
seeking relief

Sanctioned Billionaires Fridman, Aven to Sell Alfa Bank Stake in $2.3Bln Deal – FT

The two businessmen “want to do everything they can to get out of their Russian assets so that sanctions will be removed.”
2 Min read
unverified claim

Russia’s FSB Says Foiled Assassination Attempt on Orthodox Tycoon

The FSB said it foiled an attempted car bombing against Konstantin Malofeyev that was allegedly “organized by the Ukrainian special services.”
1 Min read
deep pockets

Russian Oligarchs Still Swerving Sanctions

Oligarchs reportedly close to Russian President Vladimir Putin who have had bank accounts frozen or property seized after Moscow's invasion of Ukraine...
3 Min read
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