Thursday, April 21, 2022

Oligarchs 2

(cont'd from yesterday's post)

So several countries want to inflict economic pain on Russia as a penalty for attacking  Ukraine. Financial sanctions are forcing Putin and his co-thugs to pay a price for their brutality.

Forbes estimates that elite Russian billionaires have lost about $290 billion in net worth since before the invasion. They name names and here are a few:

Roman Abramovich, net worth $6.9 billion -- assets frozen so far are a premier soccer team, a Gulfstream jet, and a 15-bedroom mansion in London

Mikhail Fridman, net worth $11.8 billion -- London properties including a $100 million estate have been frozen by the U.K.

German Khan, net worth $7.8 billion -- London properties have been frozen

Alexei Kuzmichev, net worth $6 billion -- his two yachts were frozen by France

Alexey Mordashov, net worth $13.2 billion -- his yacht and $115 million villa were frozen by the Italian police

from "The Ultimate Insider's Guide to Russian Oligarchs," Forbes, April/May 2022, pp.104-112

(cont'd tomorrow)

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