Western sanctions have failed to turn the uber-rich into opponents, and Putin's policies have turned them into silent backers.

OFAC enforcement action highlights sanctions risk for trustees, corporate service providers and family offices.

Since Russia invaded Ukraine in late February, the United States, the European Union, and Britain have imposed sanctions on Russian billionaires close to the Kremlin, putting a spotlight on their ties ...

It is a package of 24.1 percent of the shares of construction giant Strabag, which was owned by Rasperia Holdings, previously ...

Over 1,000 individuals and businesses with Kremlin ties have been sanctioned. LONDON and WASHINGTON -- To Daria Kaleniuk, a Ukrainian anti-corruption activist, Russian President Vladimir Putin "has ...

Russian President Vladimir Putin has started taking away assets from Konstantin Strukov, one of the richest businessmen in Russia. Strukov is worth over $3.5 billion and owns Yuzhuralzoloto, a huge ...

Turkish Foreign Minister Mevlut Cavusoglu said Saturday that he'd welcome sanctioned Russian oligarchs into his country as both tourists and investors, as long as any business dealings were kept ...

The Russian oligarch billionaire lifestyle can be yours for the potentially low, low price of tens of millions of dollars, courtesy of the U.S. government. The National Maritime Services, working on ...

MOSCOW (Reuters) - Billionaire businessman Mikhail Fridman, a member of the supervisory board of Russian food retailer X5 , said it was difficult to predict how his inclusion on an "oligarchs' list" ...