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Russia's Richest Move Billions Abroad Fearing Kremlin Seizures
📈 Business

Russia's Richest Move Billions Abroad Fearing Kremlin Seizures

According to Bloomberg, several of Russia's wealthiest individuals — including some with close ties to Vladimir Putin — have moved billions of dollars abroad over the past year. The transfers reflect growing fear among the Russian elite that the Kremlin could seize their assets. Analysts note a marked shift in the investment patterns of Russian oligarchs toward overseas holdings.

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