Russia ukraine war Russian

Russia Ukraine war Russian

Russian oligarchs have suffered substantial financial losses in 2022 due to sanctions imposed after the conflict in Ukraine. Roman Abramovich, for example, saw his fortune decrease by 57% to $7.8bn. The UK government took action by freezing over £18bn of assets belonging to Russian individuals, impacting their wealth significantly.

These sanctions have had a profound impact on the financial landscape, with Russian oligarchs collectively losing a staggering $95bn. The ongoing conflict between Russia and Ukraine continues to have far-reaching consequences, not only in terms of human lives but also in the economic realm, affecting the fortunes of some of the wealthiest individuals in Russia.