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August 8, 2022
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Two top Russian billionaires speak out against war

Oleg Deripaska and Ukrainian-born Mikhail Fridman call for peace, as activities come under threat from sanctions

Russian billionaires Mikhail Fridman and Oleg Deripaska have become two of the country’s first leading businesspeople to speak out against Moscow’s full-scale invasion of Ukraine.

Fridman, who is one of Russia’s richest men, controls private equity firm LetterOne and was a founder of Alfa Bank, Russia’s largest private bank. In a letter to his employees he called for an end to the “bloodshed”.

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