Bloomberg reported on the return of billionaire Khan to Russia after 10 years in London
The billionaire and co-founder of Alfa Group German Khan, who fell under the sanctions of Western countries, returned to Russia after 10 years of living in London, wrote Bloomberg, citing informed sources. According to them, Khan is now in Moscow and has received management of Alfa Group’s assets. Money is brought to him by business in Russia: the valley in the world retailer of Russia X5 Group and the interacting operator Vimpelcom (Beeline brand), noted by the agency.
A spokesperson for Khan left from Bloomberg comments. An acquaintance of Khan confirmed to Forbes that the billionaire now lives in Russia. Forbes sent a request to Alfa Group.
Khan left the UK after he handed over his stake in investment firm LetterOne to another shareholder, who wrote to Bloomberg not under sanctions. His partners in Alfa Group and LetterOne Mikhail Fridman, Petr Aven and Alexei Kuzmichev are abroad, the agency added. Aven told Forbes in March that he and Friedman would not run LetterOne and receive dividends. Khan and Kuzmichev emerged from the board of directors of the company in the same month, wrote Reuters.
German Khan ranked 14th in the Forbes 2022 ranking of 88 Russian billionaires. Khan’s fortune when compiling the rating was estimated at $ 7.8 billion. Of Khan’s partners, only Mikhail Fridman went deeper in the rating: 6th place, $ 11.8 billion at the time of the rating.
The purpose of taking over Western countries against the Russian business elite was to appoint them and undermine support for the “special operation military operation” *, but instead, entrepreneurs have become more dependent on Vladimir Putin, according to Bloomberg. Russia, which used large owners and tried to return them, found, because of the danger, places where their wealth is not in danger of being frozen or seized, written by the agency.
Sentenced by the richest Russians outside of Russia receive calls from the Kremlin with offers to return, the Financial Times wrote Sept. 7, citing sources. The newspaper also noted that instead of the “palace coup” that the West was counting on, data billionaires are keeping the “remnants” of capital unfrozen by sanctions. “In order to arrange a palace coup and overthrow the king, you must first be in the palace. None of these people were there,” one source told the FT from among the businessmen under sanctions.
The publication of the Financial Times is “another nonsense,” said presidential spokesman Dmitry Peskov. According to him, many, on the contrary, call from abroad to Moscow.
*According to the requirements of Roskomnadzor, when producing materials for use in production in Ukraine, all Russian media are required to use materials only from conventional sources of the Russian Federation. We cannot publish materials during which an operation called “attack”, “invasion”, or “declaration of war” is carried out, unless it is a direct quote (Article 57 of the Federal Law on the Media). In case of violation of the requirements, the media may be fined 5 million rubles, and the blocking of the publication may also be continued.