Russian Oligarchs Obscure Their Wealth Through Secretive Isle of Man Network

by | Oct 25, 2022 | Business

A Silicon Valley laser startup that went public in February had a surprising investor: a Russian billionaire.The deal, routed through a series of offshore companies and a venture fund, let the oligarch, Alisher Usmanov, move more of his vast wealth into the West. The fund’s stake at the IPO was valued at $175 million.

Article Attribution | Read More at Article Source

Share This