Forbes counted 11 Russian billionaires who had been sanctioned by the U.S., EU or U.K. prior to the Ukraine invasion on February 24. That number, as of March 9, has grown to 20
Arkady Rotenberg, a longtime Putin friend, was once the Russian president’s judo sparring partner. He reportedly still plays hockey with Putin and is chairman of the executive board of Russian Ice Hockey Federation. In 2021, Rotenberg claimed he was the owner of a huge complex of buildings on the Black Sea coast known as Putin’s Palace. He owns a stake in construction contractor Mostotrest, and with his brother Boris owns SMP Bank. His son Igor also has interests in the family business.
Arkady and Boris were hit by U.S. sanctions and had assets frozen in 2014, while Igor was sanctioned in 2018. The U.S. Treasury Department claimed that Putin had awarded the Rotenberg brothers billions of dollars in contracts with oil and gas giant Gazprom and for the Sochi Winter Olympics. They were slapped with EU sanctions in 2018 due to their participation in the construction of a bridge linking Crimea to the Russian mainland. Boris and Igor are also citizens of Finland, an EU member.
Arkady owns a Russian-registered yacht named Rahil which was last seen in Istanbul on March 9. He also reportedly owns a Bombardier B700 jet that was last recorded in Abu Dhabi on March 4. His real estate holdings include several villas in Sardinia, a luxury hotel in central Rome and a large estate in Surrey, England.An economist by training, Kerimov made a career investing in distressed companies in Russia.
by the U.S. in 2018 for alleged money laundering related to the purchase of villas in France. He still owns four villas located in the resort town of Antibes in the south of France.To get around a law barring politicians from holding financial assets abroad, he pledged them to a Swiss charity and gave shares in Polyus to his son Said.Ukrainian-born aluminum baron Vekselberg made his first million selling scrap copper from worn-out cables.
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