Ukraine-Russia conflict: Here are the top Russian oligarchs hit with EU sanctions
Categories: FOREIGN COUNTRIES
Alisher Usmanov
Russian billionaire Alisher Usmanov has had his assets frozen by the European Union following Russia's invasion of Ukraine. Following this announcement on Tuesday he said that he would step aside for the moment as President of the International Fencing Federation (FIE).The EU declaration describes Usmanov as someone with particularly close ties to Putin, it added: "He has been referred to as one of Vladimir Putin's favourite oligarchs.
Mikhail Fridman
Mikhail Fridman, one of Russia's richest men, resigned from the board of directors of Amsterdam-listed mobile network operator Veon, following his inclusion in the European Union's sanctions blacklist of Putin's allies.According to Forbes, Aven worked at the foreign ministry in Moscow in 1989 and two years later became minister of foreign economic relations following the dissolution of the Soviet Union in 1991.
Igor Sechin
Russian oligarch and government official, Sechin is regarded as a close ally and deputy of Vladimir Putin.Sechin has been a close adviser to Russian leader Vladimir Putin since the 1990s. In 1994, he was Putin's chief of staff when he was deputy mayor of St. Petersburg and then, when he became president of Russia in 2000, Sechin became his deputy chief of staff, handling security services and energy policies. In 2004, Putin appointed Sechin as chairman of Rosneft, the Russian state oil company.
Nikolay Tokarev
Tokarev is the president of Transneft, a state-owned oil and gas company that transports 90 per cent of the country's oil. In the 1980s, he served alongside Putin in the KGB, and it is believed that he helped seize Russian state assets in the 2000s.
Alexei Mordashov
Mordashov is the largest shareholder of Russia’s biggest steelmaker Severstal. With an estimated net worth of about $29.1 billion, he is the richest man in Russia and 51st richest in the world, according to Forbes magazine’s list of billionaires.According to reports, he also invested in several pro-Russian media outlets that contributed to destabilising Ukraine.
Gennady Timchenko
Gennady Nikolayevich Timchenko is the founder and owner of the Volga Group, a private investment firm. Since the early 1990s, Timchenko has been close friends with the Russian leader Vladimir Putin.