The Rise and Fall of Russia’s Billionaires
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The Rise and Fall of Russia’s Billionaires
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In this episode, we talk about how Russian oligarchs rose from the ashes of the Soviet Union through chaotic privatization schemes, the shadowy loans-for-shares deals, and ruthless battles for control of vast resources like oil, gas, and aluminum. We cover the secret networks that connect Roman Abramovich, Oleg Deripaska, Yevgeny Prigozhin, the Internet Research Agency, the Wagner Group, and the hidden offshore structures exposed by the Panama Papers. We examine how Alexei Navalny’s investigations, the KleptoCapture task force, and unprecedented Western sanctions turned once untouchable billionaires into global fugitives. We see how yachts worth hundreds of millions, London townhouses, secret bank accounts, and lavish lifestyles became symbols of a fragile bargain with Vladimir Putin—one that promises power if absolute loyalty is maintained, but demands a terrible price when trust is broken.
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