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two Russian tycoons renounced citizenship in repudiation of the invasion

two Russian tycoons renounced citizenship in repudiation of the invasion

“I made the decision to abandon my Russian citizenship; I cannot and do not want to be associated with a fascist country sparking a war with its peaceful neighbor and killing innocents daily,” Tinkov wrote on Instagram.

“I hope that other leading Russian businessmen will follow my example, to weaken the regime of [Vladimir] Putin and his economy, and cause it to fail,” he added.

Tinkov accompanied his message with a photograph of a certificate from the Russian consulate confirming that he ceased to have Russian citizenship, according to the AFP news agency.

I hate Putin’s Russiabut I love all the Russians who are clearly against this insane war!” said the founder of the rapidly growing Tinkoff bank.

In 2020, it claimed to be the third largest retail bank in Russia, behind the public giants Sberbank and VTB. He says he currently has about 20 million customers.

In April, the billionaire, whose fortune was valued by “Forbes” magazine at about 9,400 million dollarsvirulently criticized the Russian offensive in Ukraine, calling it “absurd” and calling on Westerners to put an end to this “massacre”.

In 2020, he was arrested in London, at the request of the United States, which accused him of tax fraud. He was later released on bail. That same year he left the position of CEO of Tinkoff, an entity that distanced itself from its founder’s statements against the Russian offensive.

The businessman announces the renunciation of Russian citizenship the same day it became known that Storonsky, co-founder of the digital bank Revolut, with an estimated fortune of 7.3 billion dollars, had also renounced his Russian citizenship

After the start of the Russian “special military operation” against Ukraine, Revolut closed its offices in Russia and offered to relocate its employees.

The Revolut co-founder was the fourth Russian billionaire to renounce his citizenship this year, now joined by Tinkov.

Source: Ambito

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