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Articles with tag "Oligarchs"

'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.
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
dodging penalties

Abramovich's Trusts Reorganized Before Russia Sanctions – Report

Russian oligarch Roman Abramovich's seven children became the beneficiaries of 10 offshore trusts holding assets worth billions of dollars shortly before...
paying the price

Russian Oligarch Deripaska's Sochi Hotel Seized After War Criticism – FT

A Russian court ordered the seizure of a luxury hotel complex owned by Russian aluminum magnate Oleg Deripaska after he criticized President Vladimir Putin&rsquo...
'ill-gotten gains'

Canada Moves to Seize $26M from Russian Oligarch Roman Abramovich

Canada's government on Monday announced the start of a process to seize $26 million in assets from a company owned by sanctioned Russian oligarch Roman...
targeted oligarch

Uzbek Officials Press EU to Lift Sanctions on Putin Ally Usmanov – FT

Uzbek officials have been using meetings with the European Union to lobby for the lifting of sanctions on Russian-Uzbek billionaire Alisher Usmanov and...
Alisher Usmanov

German Authorities Seize $5M Art Collection From Oligarch's Superyacht

German police have confiscated 30 paintings owned by sanctioned Russian oligarch Alisher Usmanov, the Süddeutsche Zeitung newspaper reported Monday...
targeted oligarch

U.S. Indicts Russian Billionaire Deripaska, 3 Women for Evading Sanctions

The United States announced Thursday it has indicted Russian metals tycoon Oleg Deripaska as well as his girlfriend and two associates for sanctions evasion...
private jet

Abramovich Played 'Key Part' in Release of Britons Held in Ukraine – Report

Sanctioned former Chelsea Football Club owner Roman Abramovich played a "key part" in the release of five men held by Russian-backed separatists in Ukraine...
redistributed asset

Gibraltar to Auction First Russian Oligarch Superyacht Seized Over Ukraine Invasion – Reports

The 72.5-meter Axioma had been owned by billionaire Dmitry Pumpyansky before Gibraltar seized the vessel in March.
seeking damages

Russian Tycoon Deripaska Sues Ex-Banker Tinkov for Defamation

Tinkov had dismissed Deripaska as “an oligarch and a thief” in the comments below his own anti-war post on Instagram.
FROZEN ASSETS

French Prosecutors Open Probe into Russian Oligarchs: Legal Source

The probe is expected to look into possible money laundering and corruption.
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