Mikhail Fridman: Last News

Russia's wealthiest UK-based oligarchs has pleaded for sympathy, claiming that his family “don't understand how to survive on their own”. Worth a staggering £4 billion, 67-year-old Petr (or Pyotr) Aven who lives in St James's in central London has had his bank accounts and assets frozen in both the UK and Europe.

Russian oligarch has claimed he doesn't know how to live on £2,500 a month after being hit by sanctions against the Russia-Ukraine war.Mikhail Fridman, who had a net worth of £7.5billion, was sanctioned by the European Union on February 28 and by the UK on March 15.The billionaire's wealth dropped by £3billion dollars and he was required to live on £30,000 a year, which may seem like a comfortable living to the average person - but he claims it was impossible to live on.He told Bloomberg: "I don't know how to live. I don't know.

Ukrainians are burying bodies in mass graves after one of the bloodiest days in the Russian invasion of the country.Fifty-three people were killed in a devastating bomb blast in Chernihiv, including three children, with reports indicating some of the casualties included US citizens. Russian troops have been blasting cities and slaughtering civilians with Vladimir Putin's planned invasion of Ukraine stalling into its fourth week after being met with Ukrainian resistance.

Russia during their invasion of Ukraine. While Russia are still facing stiff Ukrainian resistance in their invasion of the country, a Russian oligarch has said deep trouble could be in store for western powers holding up sanctions against Vladimir Putin.Mikhail Fridman, the owner of Alpha Bank and one of the richest Russian oligarchs, warned that the sanctions would do nothing to stop Russia and that the west "understands nothing".Western sanctions have been in place against Russia since February of this year after Russia recognised the independence of Dondas.But Fridman, a Ukrainian-born Russian oligarch, has warned that the western attempts to pressure Putin into a compromise will fall flat.