Oleg Tinkov, the founder of a major Russian digital bank, has renounced his Russian citizenship in protest over the war in Ukraine
“I have taken the decision to exit my Russian citizenship,” Tinkov announced in a post on Instagram on Monday alongside a photo of a certificate confirming his decision, dated October 26. The post has since been taken down, but photos of it have been circulated on social media and reported by Russian state media. “I can’t and won’t be associated with a fascist country that started a war with their peaceful neighbor and killing innocent people daily,” Tinkov wrote.
” Tinkov recently sold his 35% stake in Tinkoff Bank’s parent company TSC to a firm controlled by Russian billionaire Vladimir Potanin. Before the sale, Tinkov’s wealth was estimated at about $3.5 billion, according to the Bloomberg Billionaires Index. Another billionaire financial services tycoon has also cut ties with Russia over the war.
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