[Russia] - Russian Tycoons Earn $11.3 Bln in Dividends Amid Wartime Economic Boom-- Bloomberg

INSUBCONTINENT EXCLUSIVE:
At least a dozen Russian oligarchs received more than 1 trillion rubles ($11.3 billion) in dividends in 2023 as the country saw a sharp
the Russian economy has adapted to the punishing Western sanctions imposed in response to the 2022 invasion of Ukraine, leading firms that
had initially suspended dividend payouts over economic uncertainty to resume doing so.The top earners were Vagit Alekperov with 186 billion
rubles ($2.1 billion) in dividend income, followed by steel and mining magnates Alexei Mordashov with 148 billion rubles ($1.68 billion) and
in mid-2022, months after Russia invaded Ukraine
sanctions and Mordashov is under U.S., British and EU sanctions, while Lisin is not under major restrictions, Bloomberg wrote.The list of
businessman Vladimir Litvinenko who gave up his stake in the Phosagro phosphate mining giant before he was sanctioned by the U.S
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