Putin urges Russian billionaires to prioritize patriotism over profit and fight destabilization.

Russian President Vladimir Putin urged the country's billionaires to invest in their home turf to help boost the economy, blaming the recent drop in GDP on mounting sanctions from the West due to the yearlong war on neighboring Ukraine. Putin called on the audience, which included a number of prominent billionaire oligarchs, to act in the country's interests and not become dependent on foreign authorities.