One of the world’s most luxurious resorts will be ready to welcome guests in 2024. It is located on the Greek island of Skorpios, formerly owned by the famous billionaire Aristotle Onassis and later by his daughter. The island is now owned by Russian billionaire Dmitry Rybolovlev. He is known to have invested about 400 million euros in the development…
The Russian freight logistics company Freight One has changed hands. For over a decade, it belonged to Russian billionaire Vladimir Lisin through his affiliated entities. In November 2023, Freight One became the property of Aurora Invest. Analysts estimate the size of the deal at around $2.5 billion. According to the media, the change of ownership will not entail a change in…
In early December 2023, Alfa-Bank founder Mikhail Fridman and the bank’s former shareholder German Khan were spotted at a society event in Moscow. They attended a soirée of the Russian Jewish Congress that took place on December 7 at the Igor Butman Jazz Club. Conceived as part of the Hanukkah festivities, the event drew particular attention of the press because…
Pavel Durov, known as the founder of the Russian social network VKontakte and the international cloud messenger Telegram, has spent a hefty amount on Telegram subscriptions. Media reports suggest that he used the equivalent of $200,000 in Toncoin (TON) to pay for 10,000 premium subscriptions in Telegram. The purchased subscriptions will be raffled off among the subscribers of his Telegram…
Two Russian billionaires – Vagit Alekperov, founder of Lukoil, and Andrei Melnichenko, co-founder of EuroChem and SUEK – have earned more than any of their compatriots in the outgoing year 2023. According to the Bloomberg Billionaires Index, Alekperov has increased his personal fortune by $9.14 billion to $24.5 billion since the beginning of the year, while Melnichenko has earned $4.03…
In October 2023, a unique exhibition dedicated to the art, history, and culture of 25 great Central Asian dynasties opened in Moscow. The Great East collection is hosted by the International Numismatic Club Museum, which was established by Vagit Alekperov – a famous Russian billionaire and the founder and former president of Russia’s oil giant, Lukoil. Forbes estimates his fortune…
Three top managers at Alfa – Alexey Giyazov, Vladimir Verkhoshinskiy, and Vadim Zingman – have earned recognition for outstanding professionalism in their field, according to the Russian Managers Association. The Top 1000 Russian Managers is a prestigious independent award that was established in 2001. Award winners are chosen by their peers – market representatives from relevant fields. For instance, financiers…
The Russian Forbes has released the list of Russia’s wealthiest women in 2023. The ranking is topped by Tatyana Bakalchuk, the founder and CEO of Wildberries, one of Russia’s largest online marketplaces. According to Forbes, her net worth is estimated at approximately $7 billion. It plunged by almost one-half over the course of 2022. In 2023, Bakalchuk is over $4…
In the first quarter of 2023, it came to light that Igor Kesaev, the head and co-owner of the Mercury Group, does not agree with the decision of the European Union. A few months prior, the Russian billionaire was placed on the sanctions list alongside several more Russian nationals and businesses. With assistance from his lawyers, Kesaev filed a lawsuit…
In August 2023, Polymetal International plc completed its re-domicilation. Previously registered in Jersey, the company has now changed its jurisdiction to Kazakhstan. Polymetal International ranks among the world’s largest precious mining companies. Alexander Nesis, a high-profile Russian billionaire, co-founded Polymetal in 1998 using his equity firm ICT Group. Previously, the Moscow Exchange (MOEX) and Kazakhstan’s Astana International Exchange (AIX) suspended…
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