Russian billionaire German Khan returned to Russia due to the personal sanctions of the West. Before that, he lived in London for about 10 years, reports Bloomberg.
His fortune is estimated at $ 7.7 billion. Herman Khan oversees Alfa-Group assets, has a share in the X5 Group, in the Vimpelcom mobile communications and in the Letterone investment fund. After the start of the war in Ukraine, he and his colleagues fell into the western sanctions lists, which greatly complicated their life abroad. The billionaire was the first of those who returned.
“to the great pleasure of the Kremlin, the West played an important role in the consolidation of both local elite circles and the masses,” says former Kremlin consultant, political scientist Gleb Pavlovsky. In his opinion, billionaires turn into an asset of the war party under pressure from the West.