The Rise And Fall Of Russian Oligarchs | Rise And Fall | Business Insider
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- เผยแพร่เมื่อ 26 พ.ค. 2022
- The Russian oligarchs didn't have much trouble buying up yachts, jets, and mansions - that is, if they didn't end up in prison, exiled, or mysteriously dead. But the war in Ukraine has turned the world against members of this opulent uber-class. Where did all the money come from, and is there still a chance of them holding on to it?
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The Rise And Fall Of Russian Oligarchs | Rise And Fall | Business Insider
Fall is a big stretch. "Oh no I'm no longer a super powerful billionaire with a super yatch, I'm just a super powerful billionaire without a super yatch!". The poor lad.
Nobody is saying feel sorry for him they will get what they deserve by the end of it all
With most of his money locked and rest we can't spend on the west
@@daniellillistone9406 Why? Are you saying prayers to make it happen?
Sumtimes it’s hard after u lose the thing u love the most🤦🏾♂️😂
And they can’t spend the majority of their money. VISA has been blocked for all Russians. They have to move their money through sketchey and very expensive routes. From what I hear they are transferring their money into gold in Saudi Arabia, but the transaction costs are very high and you can’t buy that much stuff with gold. It becomes a real hassle and thats the point. In general its really hard to punish people who are extremely rich, but they are doing a pretty good job of it. You need to keep in mind the taste of these individuals. These assholes have really, really bad taste and honestly pretty boring lives. They live for their boats, cars, houses and just spending their money on flashy shit. If they cant spend their money or travel to their houses in London/Paris/NYC, they lose their lives. There isn’t a lot to do in Russia.
Something that I feel was missed - Once privatization vouchers were introduced, most of population was still extremely poor (it's around fall of Soviet Union, economy crisis). Well, imagine you are stuck in apartment that you don't own (you can't own in Soviet Union, government owns everything), you don't have liveably paid job, government just fell apart due to regime and barely can control ongoing chaos. One day out of sudden you get this gold coupon, but you can't do anything about it. You need money. You talk to people and find out that certain individuals form entire criminal families and hunt for these vouchers as the way to gain their influence and, well, become rich. Suddenly owning this voucher becomes a risk for your life as you might be the next in the list of such criminals. They will hunt you and first offer money, then if you don't agree will attempt to blackmail you instead until you pass it over. What's the point in coupon if you're about to die from hunger anyway? So you sell it. That person who got your voucher might be among those oligarchs today. Russia was always dark...
This is dark and probably a true story. The bogeyman hunting for vouchers.
"you can't own in Soviet Union, government owns everything" gosh, what did I read 🤦 The state only owns the means of production, not your freaking chairs, spoons, forks and phones. Although everything else is correct, but saying Russia was always dark and the population of the USSR was extremely poor?? Impoverishment is the result of the fall, not the cause lol
@@petergriffin4442 This is how it was actually during the 90s, not just in Russia i am from a small town in Lithuania and we had the same sht. Now the man who used to bomb stores and racket in our town is a "rich businessman".
Not only Russia all ex Yugoslavia is dark and Bulgaria, Turkey, Albania to . . .of course the part of EU 🤷♂️
Что за глупость, у моих родителей было полно этих ваучеров,но за ними никто не охотился, они просто обесценились и их выбросили.Ну и сказочник.🤣🤣
Kinda upsetting that the UK usually say they can't do anything about business on those islands but now they suddenly can somehow
that's perfidious albion 4 u
@@sionbarzad5371 thanks for using that term. havent seen it used for years
Bitcoin fixes this
@@Tom-bn5zd Doesn't Bitcoin make it worse?
@@tomlxyz Speaking of perfidious.
Russia: oligarchs
Usa: entrepreneurs
That's Make any Sense if US money laundering Cashflow Talk, European will Said is Legal, When NATO n US killing Machine destroying Other Countries they called Democracy.. So Pretty Much Violation come From So caled Democracy Country Called Uncle Sammy... Goshh
You know nothing about perestroika and how they got their billions. You know a shit
The later one is innovation driven oligarchs are not ( they are power driven)
Both of them have part in corruption just oligarchs a bit higher on that
20 years ago, nobody questioned russian money and suddenly, people do. The oligarchs never changed, they have always been there.
Ppl don’t care about corruption until it affects them
Yes they were questioning it in the background unable to do anything about it. It was a case of paying out the rope...! The thing is that with a little bare chested dictator on a horsey, riding massive motorbikes (three wheelers of course) giving judo exhibitions and driving boats for the camera etc. as his adoring military fans looked on (not all of them convinced) in an attempt to make himself look as butch as possible (...not possible) stomping around trying to make himself look heroic etc. (failed) the West could do nought but watch and wait. A volatile little man with a massive.... MASSIVE inferiority complex it was a matter of softly softly!
@@RogerDDog The truth is when the western countries needed russian money, they stayed quiet. When they had enough money, they start to reposition themselves as the "league of justice". This war could/should have happened a loooong time ago if Putin really wanted to. But why now? It's because not a single party or country involved is innocent.
They even tried flee to Israel 😂
It seems like you know nothing about oligarchs
i love how they try to imply we don't have oligarchs of our own
We need them so we can buy shit off the internet and drive electric cars
@@castorchua they need to to supply gas.
Yeah, the us military contractor including but not limited : Lockheed Martin.
Yeah because Russia bad and West could never be as bad as the big bad evil Russia
It’s different with how the Russian government is basically ran by these people and Putin their basically government leaders compared to here it’s different
When the richest people in the country don't want to have the majority of their wealth in their own country you know things are going wrong
Foreigners will never survive in Western countries. You Can't be rich from the eastern man in the DEMOCRATICAL COUNTRIES
When the richest people in the country outsource factories and profit, you know they are destroying the livelyhood of their fellow cityzens.
@@ellengran6814 Not really. That's a fallacy of false equivalence. They (westerners) know thier assets are safe in western countries, in Russia Russians know that their assets are NOT safe in Russia because of Putin.
They're just crooks. They used their connections in Kremlin, through bribery and connection they stole all of russia for a few pennies. Whoever is coming for them, they had it coming. They look quite pathetic when they try to comment on the low democracy in russia... haha, taken from them! But they still hold their billions, right? Why do they think it's right that they have a claim on all those resources, just because they bribed the right people at the right time? They know they are crooks. No one feels sorry that them and all their family is gone. These are the leeches of society, they use as much resources as a small city/village, and they gave nothing to society. They didn't give you microsoft or such. Can you think of any one of them that is famous for having invented something? No, they are just thieves from russia. Legitimized by their friends in the Kremlin.
@@ellengran6814 Reportedly the labor unions were the final straw with the American car manufacturing sector. The Unions all get socialistic whereas the company management reports to the workers (represented by the Union President) which like Communism is a flawed concept.
Don't forget that the British invented and instigated such nefarious practices. Switzerland is not the only place in Europe where illegal funds can be laundered , usually via property and art purchases. This is a deep rabbit hole and this is just a small example of how shady Brits can be.
Hmmm, it's possible the sanctioned oligarchs might seek out famous concealable artworks and antiquities to preserve their wealth , besides the usual gold and stuff .
@@michaelcorbidge7914 Quite so. In the same circumstances I am sure I would do the same. Let us not forget that these people, however wealthy, did not invade another country. They just happen to be of the same nationality as the country that did. Switch Russia to the US and switch oligarch to billionaire. Same thing, n'est ce pas ?
London was built on these practices.
@@50pence59 Quite.
People don't really question why london has the most money flowing through it of any other city in the world or what that money is exactly
Access to money is even more important than money itself.
there is plenty of capital in the world, build something worth first and you'll get it
Ha Ha ha I think you are Right
The real matatan.🤑. Russia Mafia. Ribirin
If, as you claim, they are "so dependent on Putin", they cannot be oligarchs. They are not the ruling few, but the ruled. Some of the US billionaires are true examples of oligarchs.
True
@@yyyy12344 Thanks
Oligarchs from one country stealing from oligarchs in another country... Great
Well there are many democratically elected governments around the world targeting Russian oligarchs with sanctions, so I don’t know what you mean when you say other oligarchs are targeting the Russian ones. You’re incorrect. Most of these frozen assets also haven’t been seized. Although that may happen in the future. You seem ignorant and uninformed.
Lets just say Russia has shown its true power using tanks that are 70 years old and recruiting old men who are 50 years of age....Ukraine with a little of NATO support and having a true warrior spirit will wipe Russia off the map ....Death to all ORK's and Putin's ruzzian army of Donkeys....🇺🇦 SLAVA UKRAINE 🇺🇦 😇🇦🇺
Your jealousy has blinded your common sense ! All those Russian elite are only there because of Putin...Read from different media sources for once not just the crap coming from Putin's media.
@@foxandk *Look at how many trillions of assets available. How great if their (russian) assets can enter our pockets.
@@foxandk lol... ignorant word is a big word for someone with no knowledge in geopolitics before 2014
Man wouldn't it be nice if all pro war oligarchs were treated like this, American oligarchs would go bankrupt
whatabout?
20 years too late
@@tomas6224 were talking about bringing justice to Russian criminals who are outside our jurisdiction when we still can't punish our own war hawks that profited so much from the destruction of the ME
Americas, Asia, Europe, Russia, Middle East..... Military industrial complex oligarchs WORLDWIDE.
There are plenty of war criminals still in our own borders
If they are rich enough to accumulate that kind of wealth, then you are only seeing a fraction of it. Most of it is hidden
The USA corporations is way worse than that please this is nothing to compete our Americans arrogant billionaires 🥱🥱🥱🥱🥱🥱🥱🥱🥱
So true well said
Doing war is wrong but running war based economy is right 😂😂😂😂 what a time to be alive 😅
America : Millionaires
Russia : Oligarchs
Don't forget billionaires
= No middle class
Not millionaires ... they say it more politely: “business men”
@@luci75d76 Big business makes American Billionaires. Big theft makes Oligarchs (....and Putin).
America: Entrepreneurs
Russia: Oligarchs
To say that Putin wasn't oligarchs' "friend" from the beginning is a huge, ignorant stretch. "Siloviki" is not "strong men", it's law enforcement organizations (MVD, KGB/FSB) officials. Isolation of state elites from ecomonic elites has been a thing for at least 15 years, not the last few, nor do the latter have any real influence on the former aside from being their wallets. Conduct your research better next time.
Well thats kinda of a good thing though if you can stop econimic elites from meddling to politics
@@tkcabasan2521 except in Russia in order to become an oligarch you need to have political leverage in the first place
@@tkcabasan2521 Thats where Putin public support secret is. Economic elite rule in the 90s was horrible for common folk and we never will want to repeat it.
No. Siloviki is really meaning strongmen or people in power
@@akmalhafiz8763 it's almost as if people in power are Putin's friends from FSB
This is a great lesson for giant investors in UK and US.... They can froze your wealth anytime. Wake up before it's your turn.
Don't invade your neighbors.
@@rogerout8875 who invade neighbors.
@@Helpmegetsubscriberswith-ov5hk Historically, Russia has a nasty habit of invading their neighbors.
@@rogerout8875 Historically UK is a big invader invaded almost more half of the world and US is made in the name of invasion because they were originally British but invaded the area by killing their native red indians and then invade Mexico and half of maxico is now a part of US. so you need to check the history again or change your book written by any British or their allies.
@@Helpmegetsubscriberswith-ov5hk any more random stuff you'd like to throw out there?
Those mansions and yatchs look comfy and could serve to lodge many, many ucranians who had to flee their country
Makes a beautiful mobile hospital also.
Poor man will never be on one, government steals it sells it to another rich man.. if US and NATO cared about the Ukrainians they won’t have started the mess 2014, if governments cared about human life US wont of murdered 1 million Iraqis .. you hopeless sheep think governments around the world care about common people lol
Right. They do not need to come to other countries.
US should do something to their own oligarchy who is involved in gun investments
Exactly.
Our military industrial complex is so much more evil
so true
"gun investments" what are you talking about?
Psychobabble nonsense
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Ukraine “don’t let anyone know we are integrating militia and volunteers into the lines.”
New York Times “these guys have volunteers and civilians, but we aren’t suposed to tell you that.”
2:07 Business Insider doesn't mention two crucial details: (1) the shares received in collateral were worth a multiple (about 100 fold) of the money lent, and (2) participation in the auction of that collateral was reserved to ... the oligarchs.
The report is not entirely accurate. The voucher system, to my knowledge, was not used for coal, oil and gas assets.
There was a committee that dealt directly with the future oligarchs to distribute those. And Putin was on that committee. This in the time after he left the KGB and was involved in politics in St Petersburg.
I'm convinced he essentially formed an unholy union between St Petersburg's organised crime groups and former KGB associates. And basically gave them everything, for nothing. I think if it is ever truly investigated it will be found that even the relative small change that was paid for the ex-USSR fossil fuel assets was spun out of nothing. Along the style of maybe a fat contract at the same time the deal is concluded that pays for the entire acquisition and then some (palaces, yachts, etc).
I mean who cares if they are a billion in debt for a week or two until the money from the mine/well starts rolling in but good?
This is actually what Navalny's documentary talks about. It has over 100 million views
Putin will end up where he started, in the gutter.
They created these billionaires to control their wallet basically, cause who would sale their country for nothing?
why are russian billionaires called oligarchs but US and UK billionaires “businessmen” “entrepreneurs” “job makers” ? 🤔
I believe the universal name is "Jew"
You can call American ones plutocrats if it makes you feel better. Oligarch as a term more specifically refers to the process by which these select few got rich in Russia. A process specific to the fall of the USSR.
Lets just say Russia has shown its true power using tanks that are 70 years old and recruiting old men who are 50 years of age....Ukraine with a little of NATO support and having a true warrior spirit will wipe Russia off the map ....Death to all ORK's and Putin's ruzzian army of Donkeys....🇺🇦 SLAVA UKRAINE 🇺🇦 😇🇦🇺
Because using your brain and talent to develop a software or platform is not the same like selling all state oil and buying yachts round the world.
Well it depends on who. These oligarchs are sponsoring a war in Ukraine right now and the American NRA people who are selling weapons to dangerous people deserve to be treated the same. Honest people should not be lumped into one pool
This should happen to all war profiteers.
I fully agree!
No person or company should profit off ov war.
@@jaymevosburgh3660 isn't USA the biggest beneficiary of this?
USA military industry make one trillion usd profits per year...
Russian whole military budget is only four bilions usd.
That why Russians fight wars to win them..while Americans to prolong them😉
@@ameytiwari1247
Even if that was the case, the US is still not responsible for this mess.
Not this time.
The US have caused a number of messes throughout the years, but this now is completely on Russia.
@@jaymevosburgh3660 Why not, it's a valid business opportunity?
Send those yachts to go swimming with the Moskva.
Or rip them apart for the precious metals, and etc, THEN sink them 😝
@@JaredVonBaren calm down American
Boo they will be given back trust me
One mistake: one voucher cost around a dollar. People were selling them at metro underground, or just store it as a souvenir. Only a few people treated it like a real thing.
It's a shame they will now need to rely on Putin's good will. That could be incredibly... nerve wracking.
Exactly!
Starting early is the best way of getting ahead to build wealth, investing remains a priority. The stock market has plenty of opportunities to earn a decent payouts, with the right skills and proper understanding of how the market works.
Ever since I lost my job with the ministry, I have been surviving through my investment with him, am so glad I invested when I did. I’m earring $25k weekly with him
Investment is that tiny line that separates the rich from the poor.
His successful stories are everywhere
please I have been hearing about this pomah hectop from my colleagues at work. How do I easily reach out to him
He has really made name for himself,
As many have pointed out, the US has its own class of oligarchs. But such is the problem that it is basically legalised corruption. In the US it's public policy that is allowing the centralisation of such extreme wealth in key industries (such as the military as you alluded to) among a small group of people. I mean with such ridiculously lax laws regarding lobbyists for example, it would be strange to expect politicians to go against their own self-interest. If the aim is to stop the centralisation and consolidation of wealth in certain industries, It is SO entrenched in the US that it's difficult to know just where you would even start. Does this make them any worse or any better than Russian oligarchs? I don't know and don't particularly care - I think they're all douchebags. The difference between wealth and greed is a fine line - so while in some parts of the West it is frowned upon to flaunt your wealth, in the US it is the dead opposite, i.e. greed is good.
The U.S doesn't have Oligarchs. You're too uneducated to know the difference between rich people and Russian Oligarchs.
Well said
Comrade Nanshia Peloshki wants to speak to you.
You don't have an appreciation for what America/Capitalism represents and why the Chinese and Russian are terrified of the U.S. We are most willing and prepared to engage in mutually assured distraction. American can only be beaten if it's done internally by the American people. We would have to suddenly divide over something and kill each other. That's the only hope China and Russia have and their is absolutely no chance of it because when we get pissed and vote the people in power out, the economy rebounds and everything changes, We do it all the time.and the county continue to prosper. Communism can't do that and its the reason its failed everywhere its been experimented with,
Damon knight
If they don’t mention to you that Mercedes oligarchs have their money saves the way in British Islands
It seems Oligarchs seem to suffer from a form of the rare bullet-in-brain dissease.
if anything the sanctions seem to be making the oligarchs even more richer. All commodities have gone up from energy, agriculture, minerals all have gone through the roof. EU per day paying Russians up to €800m daily. To say its the fall of oligarchs is a bit of a stretch.
Can't get richer if most of your customers leave.
What's all the money in the world if you can only spend it in russia? Only so many vodka soaked whores you can bang before the novelty wears off and you miss your "Rosebud" super-yacht.
Oh they are working, and recently you have seen the Impact of the sanctions beginning to be felt! Their production of cars have All closed down because they are dependent on Parts and Technologies from the west.
Tank production has shut down, most manufacturing in Russia are really starting to collapse because their stock of spare parts has run out!
Some of the technologies and parts can’t be produced in China.
188.000 thousand people are still getting paid by western companies.
But that’s ending because more and more of them are deciding to completely withdraw from the Russian market!
This invasion of Ukraine by Putin and Russia, will have significant lasting negative consequences for Russia.
@@commonsense31 What do you think the "Russian federation" will call itself the next time it lowers its flag and changes its name?
Having multiple high rise sized yachts just shows a sickening amount of greed.
That goes to American as well right?
@@benemanzidynasty4833 Vladdy changing the subject isn't a defense.
So many governments want to keep their citizens poor while they take all the oil and aluminum and natural gas out of the country. But where can they sell these things? To countries that have wealth. Let's see, sell to the United States and sell to Europe and others. But the average citizen in China and Russia does not make that much money. Not even in India or Mexico or Venezuela.
Man, those "yachts" look like Romulan battle-cruisers. 🙂
“New business opportunities were rising from the ashes.” New pillaging opportunities you mean. BTW, lol@Erich Ferrari. Hi, Erich, I’m Max Bugatti. Nice to meet you. If this guy was advising big oligarchs, I kind of doubt he’d be doing this video.
This is absolutely ridiculous and unfair!
I am down to my last $20 billion.
Every developed western country has its own business/political oligarchs (and usually interconnected) who wield almost unlimited power, not only Russia. The Russian's is under scrutiny because of the Russia-Ukrania war? A ripe opportunity for them to obtain a slice of their wealth "legally".,. at the end of the day, it's all about money and power... Would Business Insider dare to cover the untouchable powers of the developed western oligarchs, such as Germany, France, Spain, and the UK?
well done great video
Do one segment for Ukraine Oligarchs and western connection especially US and Israel
can you do a piece on what exactly happens to a oligarchs large property and its contents
All I see is only Envy
@@jasonbond3626 What a silly remark!
In my childhood there were stubs of cigarettes being sold in jars meanwhile such people were getting stunning rich. And they still get.
A bottle of carbonized water was a holiday and we had sections in stores with out of date food that went for the half of the usual price. Haha, my granny sold smth from our garden to make a living when it was a summer. As thousands of other guys grandparents.
I love how they try to imply we dont have Oligarch of our own
Also,Russia has oligarchs,here in the US we have "philanthropists"
Nicely explained.
One reason you shouldn't fall on the wrong side of the US. They make the rules and implement them as they see fit..
Just wanted to point something out. when they show the 'this property has been liberated' slogan scrawled on a bedsheet. That's not the authorities, that's squatters and the squatters movement taking over what's basically a property who someone owns but never lives in. There's entire apartment buildings that are owned but never used or rented or anything like that. It's just a commodity for some rich person because property rarely depreciates in value. So Squatters have been taking over such places. It has nothing to do with this story lol just wanted to point that out cause they'd be furious to have their movement used by the media as if the gov't seized these properties when they didn't.
Outrageous but history tells us that what goes up must come down
Nikita Mazepin in shambles like many of his Haas F1 cars
*nikita maze🅱in
Hoping to see more oligarchs fall. Not just the Russian ones.
You can't just say that's how the oligarchs were born without explaining how the oligarchs were born,
So there were people who amassed loads of government vouchers, how? how did they have crap loads of money to buy up these vouchers?
Price of war is blood.Sad reality.Proceeds of their wealth should be used to rebuild Ukraine.
I need more news like this.
You can buy the book or audio book "Freezing Order" by Bill Browder. A scary documentary!!! Masterpiece.
Damn, you and Patrick Boyle released the same video within hours of each other...
დაგლოცოთ უფალმა !
( დედამიწაზე ! ! ! ) ❤
ქრისტიანობის
წინამძღოლნი ხართ !
So, we just need to wait for the prophecy to play out? Darth Vader will turn on the Emperor at the last minute, redeeming himself?
🤣
Next "Rise and rise of American oligarchs" please 😂
Russia has oligarchs, America has plutocrats.
@@techcafe0 Both have the same thing, many have fled to Israel already from Russia, in America the same would happen if there was collapse
@@magnem1043 Russian oligarchs are fleeing to Israel? Why does that not surprise me 🤨
A simplistic view of this. There is so much more than this.
Just come back from UAE. Plenty of Russians saying sanctions have not affected them.. 😮
Why the world was silent the time Israel attack Palestinians people
Business Insider: Russian "oligarchs" assets sanctioned because of ties to Putin.
**American and EU "oligarchs" profiteering off American war machine in Afghanistan, Yemen, etc.
Business Insider: I gonna pretend I did not saw that.
They're not called oligarchs in the west, they're called entrepreneurs and businessmen.
@@royallan4667 well, keep dreaming to yourself then.
When last time American and EU began war in Europe to build neoempire?🌝
@@maksimfedoryak are you thick? do you know absolutely anything about history whatsoever? ireland was a british colony barely until a few decades ago, and 1/4 of ireland still is? the US and UK are dropping bombs and destroying other countries left right and centre and pillaging them? does war and loss only matter to you if it happens to white european countries? lol
@@aaronlimeuchin7352 So your entire observation is: they’re doing it too? Have you heard of whataboutism?
Whataboutism: The technique or practice of responding to an accusation or difficult question by making a counteraccusation or raising a different issue.
You don’t have an argument, you’re just trying to shift focus.
Just because a seized yacht is valued at say 100 million, doesn't mean in selling tjat it will fetch that price. They usually sell at a much lower price .
RUBBISH. Luxury yachts APPRECIATE in value. Not depreciate. That is why they are often sold at a reasonably good profit.
This is a complete breach of individual rights. They are innocent and yet their assets are being seized without due process.
They financed the Russian army. Putin wouldn't have invaded without their support.
They acquired those assets through corruption. Take away the assets of criminals who cares
Our prayers and thoughts are with the Oligarchs and their families who have been hard tested lately.
When they meet the fate of the Romanovs, that's a fall. Yachtless, or one less yacht is no great inconvenience.
Perhaps Unions need to be dismantled since they only 20% calling the fate on remaining 80% working class /poor people?
It's not nice to count someone's money... but hey freedom and democracy right?
I like when the Uber rich have there assets taken away. We need to do something similar for American oligarchs, we can’t allow the 1% to horde all the worlds money.
In America there are no oligarchs. The term oligarch refers to a few rich elite that influence or have control of political leaders in terms of the governance of a country. Elon Musk or Bill Gates of Jeff Bezos don’t have that kind of power in America, it’s in the hands of lawmakers. It’s only in Russia that the term was coined for where that happens.
@Dylan Bartussek *their. "There" and "their" are both completely different definitions.
@@mandlas.4305 your Ukraine flag says everything about you. Stupid
@@mandlas.4305 You never heard of lobbying? Our politicians are on the payroll of corporations
@@mandlas.4305
Good joke. I'll have to remember that one 🤣
The Russian military should be treated the same...
Facial recognition.
I just clicked the video cuz I thought oligarchs where the type of boats 💀
We should not be celebrating global government seizing the properties of wealthy individuals. If they can take something from a billionaire. They can take something more easily from you
Exactly.
Some many things are wrong with this video. First of all they didn't fall. Second of all most of the assets that have been taken require maintenance, which currently comes out of the tax payers pockets, third of all let's just call them billonairs because its not a Russia only problem.
Just read the title and never watched the video it seems.
They have fallen. 17 of them are now off the Forbes list of billionaires, in THREE MONTHS. That's a monumental fall. Second those assets do require maintenance, but when they're liquidated and sold off those maintenance costs will be recouped. Third yes. But this also is a Russia only problem because their complacency has allowed a despot to illegally invade a sovereign nation after years of propped up proxy wars. Every single oligarch knew what was happening, knew what would happen, and they did nothing. They deserve this. There's a giant difference between someone like Abromovich and Buffet.
@@yumleadpaintchips2213 I did not expect such a well written response. Appreciated even though I still think Buffet should be treated with scrutiny instead of being celebrated.
"let's just call them billonairs because its not a Russia only problem" this is an underrated comment!
I remember how Ghadaffi the murdered president of Libya was refered to just as "dictator" by every western news outlet for months before NATO decided to fund rebels and conduct operations to destabilize Libya ... Now the country is war torn and non-functional since a decade .... and there are several worst dictators in powers for 30+ years which are supported by NATO countries :(
No wonder there are coups left and right ... the populations are fed up by these BS
Why are they being punished for having money when they utilised their money wisely when the country was growing it’s pretty much similar to every country the rich runs the country
The first thing any rich person in Russia or China did was get their money out of the country
Exactly.
Very good video. But there are many clips showing two people providing information. In the captions they are identified only as "Erich" and "Stephen". I don't see their full names anywhere. Can someone please tell me who they are?
Hope in my lifetime I'll get to see a headline that says: The Rise and Fall of US Senators/US Congressmen/Western Millionaires & Billionaires/NATO officials with Shares in their respective Military Industrial Complexes.
It's only a question of how long I'll be alive, but the headline is a sure thing.
I se a lot of russian elite couch troops here🐓🐓🐓
So sanctions makes them attached more to Putin.
When half the oligarchs aren't actually loyal to Sickle n Hammer but still cop it💁🤣
Rise: Exploiting the people and resources of Russia to make themselves rich
Fall: Getting punished for something they have no control over or can't influence.
Extremely thorough, exhaustive and accurate event analysis : Dashing time and dirty money 💰 ! Russia can't be understood with the mind ✓
Psychobabble nonsense
@@BABALOOEY46 Based on your other comments you’re an unabashed conspiracy theorist, so no one need pay attention to your babbling nonsense either.
Why aren't we discussing oligarchs friendly to the president's family. Why were they exempted from the sanctions ? 🤔
We need to organise a whip-round for these unfortunate Oligarchs.
Good. Oligarchs and their offspring can go plant sunflowers 🌻
Highly doubt that those fellas give a damn about the sanctions.
Of course they do (but that's what they'll have you believe)! Can you imagine having all of your assets frozen (where you have no legal entitlement to them any longer), including all of your cash in the banks that you can no longer access?!
Nice vedio
Good 👍
Практика показала, что вы не смогли через алигархов надавить на Путина. Зато весь мир увидел как вы относитесь к институту частной собственности. Я как обычный гражданин призываю отобрать все у российских алигархов. Грабь награбленное.
Lets just say Russia has shown its true power using tanks that are 70 years old and recruiting old men who are 50 years of age....Ukraine with a little of NATO support and having a true warrior spirit will wipe Russia off the map ....Death to all ORK's and Putin's ruzzian army of Donkeys....🇺🇦 SLAVA UKRAINE 🇺🇦 😇🇦🇺
All right. Lets steal their stuff.
Dibbs on their TVs and Audio Systems.
Просто олигархи нажили махом и прожили прахом. Бумеранг возвратился.
Russia tries to unite with Ukraine like the old days...
NATO : "this is not fair, we sanction you, blah blah.."
America starts decades long conflict in Middle East...
NATO : "go 'merica go.."
NATO also didn't care when America toppled an elected government in Ukraine, only to prop up a gov that had Americans in key positions
People in Ukraine : defending their dear country
People in modern societies : helps Ukraine
People in 3rd world nations : I love Russia more than my own country and America is the root of all evil
@@gozulumii4439 and I am batman 🧿
Just because your country is a shithole, it's not a reason to wish it on everyone else.
@@raiyanibrahim2489 People in 3rd world nations : I love Russia more than my own country and America is the root of all evil
That's awesome 😮
Nice
I am Russian, and I hope these assets will never be returned to the "owners". There is no legal or honest way to have such an amount of money in the country, where “minimum wage” is 19 360 rubles or $313. And many people have their salary even less than that. Teachers and doctors I am talking about, not waiters or gas station workers. It's normal to have a salary of $100-150 if you teach children in some rural areas. All those yachts and palaces and beautiful costal lines, all of it is our roads, hospitals, schools, and houses that were never built. And if you say a word, be grateful if no one care, because if someone will care, you will go to the jail, or can be killed.
The minimum wage is only an administrative parameter, people do not work for this money.
@@milaro222 salaries based on this "parameter", so, people get paid even less and rarely more. All this money that was spent on yachts and beautiful real estates in Europe - no one here can afford it. Like _never_, you know? It's not like it should be.
@@joy_air Same in the US
@@joy_air Salary depend only on how much money a person requires for their work and have nothing to do with the minimum salary, which is set by the state, 99% will not and do not work for the minimum salary.
@@milaro222 Sorry to destroy your picture of the Universe, but there are many places on Earth where you can't "not to work for the minimum salary", because (surprise!) it's the only salary you can get. Or you can become criminal.
gullible European governments didn't notice that they feed oligarchy and autocracy, how come?
I understand with all that money having a nice boat and car and a house but owning 70 houses that you dont even live in is beyond insane
There is no such thing as fall of oligarchs, only rise and regroup.
Why doesn't America media do a story on American oligarchs? Oh right, they're on their payroll.
No, they make their money by developing things, businesses. They don't get their money from the state.
Oligarchy vs plutocracy
I can see based on your other comments on this channel that you're just a doomer contrarian
@@roybean7166 not like they provide all of Europe with precious resources that they need right?
Because you don’t understand what an oligarchy actually is. You think every rich person is an oligarch. That’s false.
It’s called democracy !!
Abramovich does not have any connection to Russia.
So European country show real democracy.
Ideally, Tableau public should be the only ones tracking this from public quarters, not twitter/facebook/etc
A point to consider,
The rest of the oligarch and Chinese billionaires, now will have less faith on the system. Ton of money that was invested in Europe and the US we leave for good.
The worst punishment these oligarchs could get is having to live in Russia.
At least Russian children can go to school without getting shot