Russian Oligarch Finds Sanctuary in Dubai, Despite Pariah Status

1 min read
Source: Business Insider
Russian Oligarch Finds Sanctuary in Dubai, Despite Pariah Status
Photo: Business Insider
TL;DR

Andrey Melnichenko, one of Russia's wealthiest individuals, has described himself as a "pariah" in the UAE, where he now resides after being sanctioned due to his attendance at a roundtable hosted by Vladimir Putin. Melnichenko, who made his fortune in coal and fertilizers, criticized the impact of Russia's invasion of Ukraine on his personal life and claimed to have no involvement in politics or the promotion of war. Several other Russian oligarchs have also faced significant changes in their lives and net worth due to sanctions imposed on them.

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