One of Russia’s richest oligarchs, who now lives in Dubai, says Putin’s invasion of Ukraine made him a “pariah”.

Andrey Melnichenko.Mikhail Svetlov/Getty Images

  • Andriy Melnichenko, one of Russia’s richest men, said the Ukraine war had made him an “outcast”.

  • Melnichenko now lives in the United Arab Emirates, where his $300 million yacht A is moored.

  • His sailing yacht A, valued at $578 million, was confiscated by Italian authorities shortly after the sanctions were imposed.

One of Russia’s richest individuals said he became an “outcast” in the United Arab Emirates, where he fled after sanctions were imposed on him.

in Extensive interview With the Financial Times, Andriy Melnichenko decried the effects of Russia’s invasion of Ukraine on his personal life, while also saying that there were “war crimes on both sides” in the conflict.

It was Melnichenko It was approved in March Last year after attending a round table of Russian businessmen hosted by Vladimir Putin in February.

The businessman, who made his money from coal and fertilizer, said earlier that he had just found out You approve it When he read about it on the news.

“I don’t make weapons for war. I make food for people and energy for power plants all over the world. I don’t promote war. I don’t get involved in politics. What’s the point of that?” Melnichenko told FT.

Melnichenko awarded $300 million A motor yacht in the United Arab Emirates last year. He has 578 million dollars sailing yacht a He was seized by the Italian authorities shortly after the sanctions were imposed on him.

for him net value That money more than doubled to about $25 billion after the invasion and subsequent sanctions on Russia drove up fertilizer prices, according to Forbes.

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Sanctions imposed on Russian oligarchs have changed the lives of many influential billionaires who previously spent most of their time in the West.

For example, the former owner of Chelsea FC, Roman Abramovich, was forced to sell the club and now He resides in Israelaccording to Le Monde.

According to Reuters, $95 billion was erased from their net worth last year Guardian analysis Bloomberg Billionaires Index data.

Last week, the Financial Times reported that a tech billionaire Arkady Voloz He had appealed the sanctions imposed on him by the European Union, just days after he criticized the war for the first time.

Oleg Tinkov He managed to have sanctions lifted against him in the UK after criticizing Putin’s invasion of Ukraine and gaining the support of British businessman Richard Branson.

Read the original article at Interested in trade

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