Wednesday, January 22, 2025

Billionaire Yuri Milner Renounces Russian Citizenship

Israeli-Russian billionaire, Yuri Milner, said on recently that he had renounced his Russian citizenship after leaving the country in 2014.

He made his decision known on Twitter yesterday citing that he left Russia in 2014 after the annexation of Crimea

Milner is the founder of internet investment firm DST Global, and made a fortune by betting on Chinese tech companies like e-commerce platforms Alibaba and JD.com (9618.HK).

According to him, my family and I left Russia for good in 2014, after the Russian annexation of Crimea,” Milner said in a tweet. “And this summer, we officially completed the process of renouncing our Russian citizenship.”Milner has been an Israeli citizen since 1999 and has not visited Russia since 2014, according to a fact sheet on DST Global’s website. The reports further revealed that the billionaire has no assets in Russia and 97% of his personal wealth was created outside of the country.

READ MORE: The Second Chance Care Foundation to host Future Leadership Conference and Awards in Lagos

The website also revealed that, “Yuri has never met Vladimir Putin, either individually or in a group.”

Hot this week

Motivation and Not Manipulation: A Necessity for Effective People Management Strategy

In today’s fast-paced and ever-evolving business landscape, effective people...

60 Dead in Niger Tanker Explosion as Authorities Warn of Rising Fuel-Related Fatalities

At least 60 people have died in a petrol...

Nigerian Navy Seizes Boat with 40,000 Litres of Stolen Crude Oil in Ondo

The Nigerian Navy has intercepted a wooden boat carrying...

Trump Returns as 47th US President, Ends Diversity Programs and LGBTQ Protections

Donald Trump was sworn in as the 47th president...

Subsidy Era Masked Nigeria’s Debt Crisis, Economic Realities – Taiwo Oyedele

Nigerians lived in an economy shrouded in “window-dressed realities”...

World Bank Debars Two Nigerian Firms, CEO for Corruption in $500m Welfare Project

The World Bank has banned two Nigerian firms, Viva...

Nigerian Navy Seizes Boat with 40,000 Litres of Stolen Crude Oil in Ondo

The Nigerian Navy has intercepted a wooden boat carrying...

Subsidy Era Masked Nigeria’s Debt Crisis, Economic Realities – Taiwo Oyedele

Nigerians lived in an economy shrouded in “window-dressed realities”...

Why Nearly 90,000 Nigerians Were Denied Schengen Visas Over Two Years – Report

Nearly 90,000 Nigerians were denied Schengen visas in 2022...

Related Articles

Popular Categories