U.S. sanctions hit Russian oligarchs

The combined net worth of Russia’s wealthiest people fell by almost $16 billion following U.S. sanctions on seven oligarchs who have benefited financially from ties to President Vladimir Putin


SANCTIONED Loss $1.28bn
Viktor Vekselberg: Russia’s ninth richest businessman with net worth of $15.1bn. President of Renova Group – conglomerate with interests in oil company TNK-BP and giant aluminium producer Rusal

SANCTIONED $905m
Oleg Deripaska: Loss stems from his industrial conglomerate En+, whose shares have plunged 54% since Thursday. En+ has 48% stake in Rusal

SANCTIONED $702m
Suleiman Kerimov: Russian politician is under investigation in France for tax fraud. Family owns Polyus, Russia’s largest gold producer. Polyus is not under sanctions

$106m
Andrei Skoch: Politician sanctioned for “being an official of Russian government”

$47m
Vladimir Bogdanov: Chief executive of oil company Surgutneftegaz

Kirill Shamalov: Sanctioned – was able to borrow more than $1 billion from bank of Putin associate after marrying Putin’s daughter

Igor Rotenberg: Sanctioned – received assets from his father, Arkady Rotenberg, who is building
bridge to Russia-annexed Crimea


Net wealth of Russia’s 27 richest (including sanctioned billionaires)

$ billions
300
290
280
270
260
FEBRUARY MARCH APRIL

Apr 7: U.S. hits seven oligarchs, 12 companies and 17 Russian officials with sanctions

$283.95bn

Apr 10: S268.13bn
Loss of $15.82bn


Sources: Bloomberg, Forbes, Reuters 
Pictures: Associated Press
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