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An oligarch ran away from Putin, broke forever with Russia

A Russian oligarch has finally broken up with his homeland. Billionaire Yuri Milner, who turned his back on Vladimir Putin in 2014, said he renounced his Russian citizenship, BGNES reports.

Milner is the founder of the DST Global investment firm and made his fortune by betting on Chinese technology companies such as the e-commerce platforms Alibaba and JD.com (9618.HK).

“My family and I left Russia for good in 2014 after the Russian annexation of Crimea,” Milner said on Twitter. “And this summer we officially completed the process of renouncing our Russian citizenship.”

Milner has been an Israeli citizen since 1999 and has not visited Russia since 2014, according to a reference on the DST Global website, Reuters reported.

Milner also has no business in Russia. 97% of his personal wealth was created outside the country and “Yuri has never met Vladimir Putin, either individually or as a group,” according to the website.

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