How he got ridiculously rich in the first place

The majority of his fortune is “derived from proceeds collected selling previously Russian state-owned assets he acquired following the fall of the Soviet Union”, Bloomberg said.

In 2005, he sold a 73% stake in Russian oil firm Sibneft to state-owned Gazprom for $13bn

Posted By: NorskyNormann on March 2nd 2022 at 18:35:54

Message Thread

Chelsea... (Other Football) - usacanary, Mar 2, 18:05:47
- Losing to Luton (n/m) (Other Football) - KevinBond, Mar 2, 19:24:29
- Should he be allowed to sell the club and liquidate his asset? (n/m) (Other Football) - Ben, Mar 2, 18:35:59
  - Surely there should be a sanction on this asset so he gets fuck all (n/m) (Other Football) - NorskyNormann, Mar 2, 18:36:36
    - maybe some of the problem is (Other Football) - ghostof barry butler, Mar 2, 18:50:59
      - I think sanctioned Russians get 30 days to sell their assets though (Other Football) - NorskyNormann, Mar 2, 18:56:02
        
        that maybe .. but as far as i'm aware he has not been sanctioned yet (n/m) (Other Football) - ghostof barry butler, Mar 2, 19:09:19
        
        Head start warning before the 30 days kick in (n/m) (Other Football) - NorskyNormann, Mar 2, 19:19:07
- He's just come out and said.. (Other Football) - DrDublin, Mar 2, 18:23:25
  - Full statement..... (Other Football) - DrDublin, Mar 2, 18:33:07
    - Desperate to avoid sanctions (n/m) (Other Football) - Bobthebuilder, Mar 2, 18:53:28
      - Not very effective sanctions then if they can be avoided (n/m) (Other Football) - NorskyNormann, Mar 2, 19:20:14
    - The loans built the asset so to say his loans wont be repaid is a joke. (n/m) (Other Football) - usacanary, Mar 2, 18:45:08
      - the asset he is giving away? (Other Football) - CWC, Mar 2, 19:02:48
        
        He’s only giving up the net proceeds (n/m) (Other Football) - SCC 28, Mar 2, 19:11:53
        
        Interesting wording, could have said "ALL PROCEEDS" (n/m) (Other Football) - usacanary, Mar 2, 19:18:28
        
        Lawyers and bankers don’t work for free (n/m) (Other Football) - CWC, Mar 2, 19:36:29
        
        He’s not going to give away over a billion quid (n/m) (Other Football) - SCC 28, Mar 2, 19:19:40
        
        The guy who claims he is selling is saying he is asking a ridiculous price. (Other Football) - usacanary, Mar 2, 19:23:02
        
        Saw 2 billion mentioned i think (n/m) (Other Football) - SCC 28, Mar 2, 19:23:32
        
        so if he is owed 2 billion and wants 2 billion the net proceed is 0 (Other Football) - usacanary, Mar 2, 19:25:16
        
        “ I will not be asking for any loans to be repaid. ” (Other Football) - CWC, Mar 2, 19:41:46
        
        He wouldn’t have a choice if sanctioned properly (n/m) (Other Football) - NorskyNormann, Mar 2, 19:20:46
    - How he got ridiculously rich in the first place (Other Football) - NorskyNormann, Mar 2, 18:35:54
      - Stealing from the Russian people basically (n/m) (Other Football) - NorskyNormann, Mar 2, 18:36:10
        
        Exactly and allowed to by Putin. (n/m) (Other Football) - Chopper, Mar 2, 19:16:43
        
        Putin stole more than anyone...... (n/m) (Other Football) - usacanary, Mar 2, 19:29:54
    - Saudis frantically checking the small print to see if they had a cooling off period (n/m) (Other Football) - Old Git, Mar 2, 18:35:03

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