He pulls his hair Russian tycoonMichael Friedman, who after the Western sanctions against Moscow and the freezing of assets states that he does not know how he will live.
The 57-year-old oligarch, whose fortune is estimated at $ 10.1 billion, became target of sanctions from the European Union on 28 February and from Britain on 15 March.
The rich Russian has lost $ 4 billion since the start of the Russian invasion of Ukraine, he said in a rare interview with Bloomberg.
“I do not know how to live. I do not know. “I really do not know,” said the oligarch, who does not have access to his own money.
As he has been living in Britain for the last few years, due to the sanctions, his bank cards have all been “frozen”. He is allowed a salary of 00 2,500 a month and has applied to be able to spend money, which is being considered by the British government.
Of course, the billionaire admits that his problems are nothing compared to those of the Ukrainians.
He said he thought he had a good relationship with the West because of his travels to Washington and a plan he had set up at Alfa-Bank for American, British and German citizens.
Michael Friedman’s profile
Michael Friedman may be one of the few to speak out against injustice. He was born during the Soviet era in the Ukrainian city of Lviv.
He is a co-founder of the London investment company LetterOne and a former board member of the Russian banking company Alfa-Bank. He also owns one of the largest banks in Ukraine and has a stake in the largest channel, KyivStar.
Friedman resigned from the Board. of Alfa-Bank one day before being included in the “black list” of the European Union. He then resigned from the Board. of LetterOne.
He himself stated that he considers that the European sanctions are “unfounded and unjust” and how he intended to challenge them.
The Russian tycoon is one of the few to openly distance himself from President Vladimir Putin, saying he considers the conflict “a tragedy” and that “war is never the solution.” He has donated to organizations supporting Ukrainian refugees and has supported his staff in Ukraine.
Nevertheless, this also became a target of sanctions. In an interview, he criticized the West for the sanctions, arguing that most of the Russian oligarchs targeted did not have as much influence on Putin as people think.
moneyreview.gr with information from Bloomberg, CNBC
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