You are viewing a single comment's thread.

view the rest of the comments →

letsdothis3 ago

Speaking of Russian oligarchs: https://www.forbes.com/sites/kenrapoza/2018/03/08/bad-year-for-russian-billionaires-three-fight-over-2-billion-from-oil-deal/#e10caf241db2

On Feb. 15, two famous billionaires – Viktor Vekselberg in Moscow, and his business partner, the globetrotting Leonard Blavatnik from the U.S., well-known founder of Access Industries in Russia – lost a motion to dismiss a $2 billion lawsuit. ..

Local Russian businessman, Leonid Lebedev, a senator and a mid-size utility shareholder known for his movie-making ventures in both Russia and the U.S., is the thorn in their side. He won’t let go of this story. Lebedev claims that Vekselberg and Blavatnik have reneged on a silent partnership agreement they had regarding shares in private oil firm TNK, a company that at one time was producing as much oil and gas per day as Libya.

TNK is one of Russia’s biggest melodramas. Once known as one of Russia’s best managed private oil companies, it has been the source of serious problems; problems that have helped contribute to Russia’s reputation as a risky place for companies to invest. Two of TNK’s biggest shareholders, Vekselberg’s Renova Group and Blavatnik’s Access Industries, are no stranger to disgruntled shareholders.

By most measures, their marriage with U.K. oil company BP ended poorly. To close watchers of oil battles gone bad in the Russian Federation, this is a bit of déjà vu; a story of multiple lawsuits in New York and London, harassment, and threats of incarceration.

Len Blavatnik made his fortune off Russian oil firm TNK. Now he is one of the richest men in the U.S., surpassing the wealth of Elon Musk and hedge fund manager Ray Dalio. Here he is hosting a party at the Cannes Film Festival aboard his Odessa II yacht on May 15, 2016. Infamous Hollywood producer Harvey Weinstein co-hosted the party.

auralsects ago

They're not Russians. THEY. ARE. JEWISH.