Sanctioned by EU, oligarch came to prominence and wealth through cut-throat metals industry

From a first fortune made from manufacturing plastic bags, which were in short supply in the Soviet Union, Alisher Usmanov’s business dealings saw him rise to become one of the 100 richest people in the world, buying multimillion pound mansions and stakes in English premier league football clubs along the way.

Now the Uzbek-born billionaire risks losing some of the trappings of his extreme wealth after he was placed on the EU sanctions list, which named him as “one of Vladmir Putin’s favourite oligarchs”.

Continue reading…

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Martin Rowson on the strike by junior doctors – cartoon

Continue reading…

Daniel Kahneman, renowned psychologist and Nobel prize winner, dies at 90

The Israeli-American’s first book, Thinking, Fast and Slow, was a worldwide bestseller…

The Case for Keto review – why a full-fat diet should be on the menu

Gary Taubes argues persuasively that ‘those who fatten easily’ should abandon carbs…

Armed men arrested near Philadelphia vote-counting site, police say

Two men, who lacked permits to carry their weapons in Pennsylvania, traveled…