Russian oligarchs can't buy superyachts — but rich Americans are helping to fill the void

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superyacht

3PhotoFilipposFilippou/Getty Images

I tutored the children of Russia's elite amid the backdrop of war. One teenager said he had his own massage therapist.

Tech Insider
Boy on tablet and Monaco Harbor.
Stock image of a boy on a tablet, not one of the students, and Monaco Harbor.

Rebecca Nelson/Getty Images and John Harper/Getty Images

A Russian oligarch's megayacht seized by the US is costing taxpayers a fortune, and the government is desperate to sell

Tech Insider : Politics
The 106m-long and 18m-high super luxury motor yacht Amadea, one of the largest yacht in the world is seen after anchored at pier in Pasatarlasi for bunkering with 9 fuel trucks, on February 18, 2020 in Bodrum district of Mugla province in Turkey
The Amadea.

Osman Uras/Anadolu Agency via Getty Images

Ukraine's real power broker

Tech Insider : Politics
Yermak and Zelensky are surrounded by war and excessive oligarchy wealth.
On a global corruption index, Ukraine ranks 116 out of 180 countries — not far in front of Russia, which clocks in at 137.

Klawe Rzeczy for BI

A small New York hedge fund has secretly managed $7 billion for a Russian oligarch for over a decade, the SEC says

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sec
A little-known New York hedge fund made tens of millions of dollars managing money for an unnamed Russian oligarch, according to the SEC.

Bill Clark/CQ Roll Call

18 months after Putin invaded Ukraine, Russia's sanctioned oligarchs are still rich and even less likely to stand up to him

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Vladamir Putin, Andrei Melnichenko, Roman Abramovich, Vladimir Potanin
Russian president Vladimir Putin, and Andrei Melnichenko, Roman Abramovich, Vladimir Potanin.

Getty Images; Cem Ozdel/Anadolu Agency via Getty Images; Mikhail Svetlov/Getty Images

Russian tech billionaire wants sanctions lifted after he criticized Ukraine invasion, report says

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Russian president Vladimir Putin, in a blazer with a red tie, stands next to Yandex CEO Arkady Volozh, in a blazer and white shirt, while he speaks and gesticulates with his hands.
Russian president Vladimir Putin and Yandex CEO Arkady Volozh.

Mikhail Svetlov/Getty Images

Russia's so desperate to get its billionaires and their massive wealth back that it just threatened to seize the assets of an oligarch worth $13 billion

Tech Insider : Economy, Politics, Economy
Andrey Melnichenko
Andrey Melnichenko is worth $13 billion.

Maxim Shemetov/Reuters

The UK has slapped so many sanctions on Russian oligarchs, authorities are struggling to keep up with their applications to pay at supermarkets, florists, and yoga studios

Tech Insider : Economy
A shopper walks through the fresh meat aisle in a branch of Waitrose in south London.
The UK has slapped so many sanctions on Russian oligarchs, authorities are struggling to keep up with their applications to pay at supermarkets, florists, and yoga studios.

Aaron Chown/PA Images/Getty Images

A Russian oligarch who slammed Putin's invasion of Ukraine got taken off UK's sanctions list after he got Richard Branson to back him

Tech Insider : Economy, Politics
A man in a bike t-shirt poses in front of a tree where people are gathered.
The UK lifted its sanctions against Russian tycoon Oleg Tinkov, who has been a vocal critic of Moscow's invasion of Ukraine.

Chris Graythen/Getty Images

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