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Russian billionaire under sanctions says he doesn’t know if he’ll be able to hire a cleaning lady or a driver – Small Business Big Business

Ursula Curtis by Ursula Curtis
March 27, 2022
in Economy
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Russian billionaire under sanctions says he doesn’t know if he’ll be able to hire a cleaning lady or a driver – Small Business Big Business
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a Billionair Russian Peter Avene, with an estimated fortune of about 5.6 billion US dollars, sanctions were imposed by the European Union on February 28. This Friday, March 25th, He told the Financial Times, Who has difficulty paying bills and does not know if they can hire a cleaner or a driver. He said, “I don’t drive… my daughter-in-law probably does.”

Petr Avin: Russian billionaire businessman has assets confiscated by the European Union (Photo: Alexander Aleshkin/Epsilon/Getty Images)

According to the newspaper, Aven could have been punished for being one of the closest oligarchs to Russian President Vladimir Putin. On March 15, the UK also sanctioned him, Accused complicity in the Russian invasion of Ukraine.

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In early March, the billionaire left the $22 billion investment firm LetterOne, which he co-founded with another Russian oligarch, Michael Friedman. The two also resigned from the board of directors of Russia’s Alfa-Bank a few days after the European Union imposed sanctions on them. He told the Financial Times: “Our business is completely destroyed. Everything we built for 30 years is completely destroyed. And we have to somehow start a new life.”

Also in the interview, Avin said that his wife went to several ATMs in London to try to withdraw everything she could before the EU sanctions came into effect. Referring to other billionaires who were also sanctioned, he said he did not have any private yachts or planes that could be confiscated. The billionaire said he found the sanctions “understandable” but “unfair”.

Ursula Curtis

“Writer. Analyst. Avid travel maven. Devoted twitter guru. Unapologetic pop culture expert. General zombie enthusiast.”

Ursula Curtis

Ursula Curtis

"Writer. Analyst. Avid travel maven. Devoted twitter guru. Unapologetic pop culture expert. General zombie enthusiast."

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