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Explained: How Russia's rich retained their wealth despite Western sanctions over Ukraine war

Andrei Melnichenko, the founder of fertiliser producer Eurochem, is Russia’s richest person. The country has 110 billionaires, whose wealth increased from $353 billion in March 2022 to $505 billion by March of this year despite Western sanctions
United Arab Emirates United Kingdom United States Leonid Mikhelson Sergei Dmitriev Nikolay Storonsky

Yermak-McFaul Group proposes complete embargo on metal products from Russia, EU ban on import of Russian diamonds

The Yermak-McFaul International Sanctions Group proposes to introduce a complete embargo on all Russian ferrous metallurgy products without exception, but with long transition periods, as well as a ban on production of metal products in third countries from steel of Russian origin among all participants in the sanctions coalition.
Krasnoyarskiy Kray United Kingdom United States New Zealand Russian Federation Yermak Mcfaul Group

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