Tag Archives: billionaires

Finland arrests assets of Yandex, Russian billionaires Rotenbergs

Finland arrests assets of Yandex, Russian billionaires Rotenbergs

Billionaires Rotenbergs co-founder of Yandex Arkady Volozh are under sanctions of the European Union The shares of the Rotenbergs’ Långvik Capital and its shares in two other companies, as well the accounts of the Finnish division of Yandex, have all been seized. As a result of the arrest of Långvik Capital, Finnish authorities gained control over the shares of the Helsinki Halli ice arena and the Långvik company, which manages a hotel complex. In addition to the Rotenbergs, Russian… Source link

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China’s billionaires want to flee the country, and take $60 billion of wealth with them on their way out

China’s billionaires want to flee the country, and take $60 billion of wealth with them on their way out

Last month, Shanghai-based billionaire Yimeng Huang—the CEO and chairman of gaming company XD—announced in a company memo that he and his family would relocate from China. The note leaked onto the internet and went viral on Chinese social media, sparking netizen discussions on the growing number of prominent businesspeople leaving China. “I’m preparing my family to move abroad by next year. It’s still a plan though, and anything can happen in a year. I’m prioritizing both my… Source link

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