Put pressure on those oligarchs and you can really isolate the Kremlin ! The war is bad for business and those guys are a legitimate target on their super yachts.
International • Apr 30 21:57 • Modified on Apr 30 22:10 One in four Russian billionaires fled Russia Author : BNR Web Editors Dozens of wealthy Russians fled Russia after the invasion of Ukraine, The Moscow Times reports. Some packed their bags before the war, when Russian President Vladimir Putin recognized the independence of the self-proclaimed people's republics of Donetsk and Luhansk on February 21. Among the refugees were also Putin's confidants.
Of the 200 Russian businessmen on the famous Forbes list, 49 chose to flee the country, according to an analysis of border crossing data. Some of the billionaire refugees chose to flee after attending the now infamous Kremlin meeting. Putin informed the Russian economic top about his plans this evening.
Read also Russian banks hit by huge number of defaulters Putin called on businessmen and heads of state companies this evening to "show solidarity" and "understand what is happening." One in four billionaires ignored Putin's call and chose to flee the country.
Friends of Putin Among the emigrants were some of Putin's closest associates and confidants. For example, Boris Rotenberg, the younger brother of Putin's childhood friend and longtime ally Arkady Rotenberg, flew to France.
Mikhail Shelkov, deputy chairman of the board of VSMPO-AVISMA, a major supplier of titanium to the Russian defense industry, also chose to leave a day later. Viktor Vekselberg, known as the CEO of the oil company Renova Group, immediately left for Turkey.
Read also Malta must stop selling controversial 'golden passport' Nearly a third of the billionaire refugees went to the United Arab Emirates, with five travelling to Switzerland, five to Turkey, four to France and three to Cyprus.
