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    The Russian Oligarch Billionaires Who Haven’t Been Sanctioned

    News Апр 6, 2022 at 03:20

    Much has been made of the sanctions against Russia’s oligarchs. Forbes counts 25 Russian billionaires who have been sanctioned by the U.S., U.K. or EU; 11 of these billionaires were hit with sanctions prior to the Ukraine invasion, in response to Russia’s attack and subsequent annexation of Ukraine’s Crimean Peninsula in 2014.

    Less discussed is the number of Russian oligarch billionaires who have not been sanctioned: 45, by Forbes’ estimate, as of April 8. These CEOs and large shareholders of Russian firms are virtually unknown in the U.S. and Europe, but all have gotten richer under Putin’s rule and, in turn, their power and wealth have been foundational to Putin’s kleptocracy and Russian inequality.

    As for why some have been spared, the answer is complicated. Consider Vagit Alekperov, the founder of Lukoil, which produces 2% of the world’s oil. Seen as comparatively independent, Alekperov remains unsanctioned, likely because he is viewed by the West as a counterweight to state-owned Rosneft’s sanctioned boss, Igor Sechin. Less clear is why oligarchs like Leonid Mikhelson, whose partner Gennady Timchenko is a Putin pal (and was one of the first people sanctioned in 2014), have not been sanctioned.

    Here is the complete list of unsanctioned Russian oligarch billionaires, with links to each oligarch’s estimated net worth and short bios. (Fourteen Russian oligarchs who were billionaires before the war, but whose fortunes have since plunged below $1 billion, are not included in this list).

    The 45 Unsanctioned Russian Oligarch Billionaires:

    Alexander Abramov

    Vagit Alekperov

    Igor Altushkin

    Vasily Anisimov

    Elena Baturina

    Andrei Bokarev

    Oleg Boyko

    Nikolai Buinov

    Leonid Fedun

    Gleb Fetisov

    Alexander Frolov

    Sergei Gordeev

    Zarakh Iliev

    Dmitry Kamenshchik

    Samvel Karapetyan

    Viktor Kharitonin

    Andrei Komarov

    Pyotr Kondrashev

    Andrei Kozitsyn

    Egor Kulkov

    Vladimir Lisin

    Anatoly Lomakin

    Igor Makarov

    Iskander Makhmudov

    Alexander Mamut

    Leonid Mikhelson

    Alexander Nesis

    God Nisanov

    Sergei Popov

    Vladimir Potanin

    Mikhail Prokhorov

    Megdet Rahimkulov & family

    Andrei Rappoport

    Alexey Repik

    Dmitry Rybolovlev

    Ivan Savvidis

    Airat Shaimiev

    Radik Shaimiev

    Mikhail Shelkov

    Albert Shigaboutdinov

    Alexander Skorobogatko

    Rustem Sulteev

    Vladimir Yevtushenkov

    Gavril Yushvaev

    Igor Yusufov