Ruling against Arkady Volozh in Amsterdam could set awkward precedent in Europe for rich Russians
Perched as it is in an upmarket neighbourhood overlooking the scenic Vondelpark, it is not hard to imagine why a Russian billionaire would have been interested in the 1879 five-storey Amsterdam property with a lush private garden.
That billionaire was Arkady Volozh, a co-founder of Russia’s biggest search engine, Yandex. He bought the £3m house in 2019, becoming one of the dozens of wealthy Russians who have invested in property in the Dutch capital.
