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The Burlakov case [1] [2] is a series of large-scale international court proceedings ongoing in several jurisdictions, including the London-based High Court of Justice, relating to the assets and dealings of prominent Russian businessman Oleg Burlakov, who died of COVID in 2021 and left a fortune valued at nearly 3 billion pounds. [3] [4] [5]
At that point, Invest-Consulting, one of the company's subsidiaries, owed more than 50 billion rubles in taxes (US$23 billion in 1994), and MMM itself owed between 100 billion and 3 trillion rubles to the investors (from US$50 million to US$1.5 billion). MMM shares fell from 115,000 rubles to 1,000 rubles. [15]
The EU's plan for the immediate use of profits from frozen Russian assets is separate from a decision by G7 leaders this month to use future proceeds to fund $50 billion in loans to Ukraine. ($1 ...
[52] On 1 March 2022, the French finance minister Bruno Le Maire predicted that the West would freeze "almost 1,000 billion dollars" of Russian assets, which would cause a collapse of the Russian economy. [53] [54] By July 2023, Russian assets frozen by the G7 countries and the EU were estimated at $335 billion (€300 billion). [55]
Browder testified that President Putin is "the biggest oligarch in Russia and the richest man in the world", building a fortune by threatening Russian oligarchs and getting a 50% cut of their profits: I estimate that he has accumulated $200 billion of ill-gotten gains from these types of operations over his 17 years in power.
Viktor Felixovich Vekselberg [a] (born April 14, 1957) is a Russian-Israeli businessman and oligarch. [ 4 ] [ 5 ] He is the founder and chairman of Renova Group , a Russian conglomerate. [ 6 ] According to Forbes , as of November 2021, his fortune is estimated at $9.3 billion, making him the 262nd richest person in the world. [ 7 ]
Vladimir Iorikh or Vladimir Iorich or Vladimir Yorikh or Vladimir Yorich or Vladimir Jorikh or Vladimir Jorich (born 1958, Novokuznetsk, Soviet Union) is a Russian steel tycoon, [1] president of the Swiss firm Conares Holding, which he formed in 1995, [1] [2] and founded the private equity and a venture capital Zug, Switzerland, based firm, Pala Investments, which was registered at St Helier ...
Vladimir Olegovich Potanin (Russian: Владимир Олегович Потанин; born 3 January 1961) is a Russian oligarch. [1] He acquired his wealth notably through the controversial loans-for-shares program in Russia in the early to mid-1990s.