Yuri milner russian citizenship

Yuri Milner (Wikipedia) speaks onstage during day one of TechCrunch Disrupt SF 2015 at Pier 70 on September 21, 2015 in San Francisco, California. Born in Moscow, Yuri Milner is a graduate of Moscow State University and holds an MBA from the Wharton School of the University of Pennsylvania. He got his start in business working at the World Bank in Washington, D.C., as a Russian banking specialist focused on the development of private sector banking in the 1990s. Forbes estimates Milner’s net worth at $7.2 billion. Yuri Milner said in a Tweet, “My family and I left Russia for good in 2014, after the Russian annexation of Crimea. And this summer, we officially completed the process of renouncing our Russian citizenship.” Please help us out : Will you offer us a hand? Every gift, regardless of size, fuels our future. Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone. Thank you. Yuri Milner is an Israeli technology investor and science philanthropist. According to his official bio, Yuri Milner is the founder of DST Global, one of the world’s leading technology investors, with a portfolio that has included some of the most prominent internet companies. Yuri Milner is also the founder of the Breakthrough Prize Foundation, which supports leading researchers in fundamental science and mathematics, helps spr...

At least four billionaires have renounced their Russian citizenship since the country invaded Ukraine in late February. More than 40 percent of the 111 Russian-born billionaires have at least one other passport, according to Forbes. Six percent have two or more, meaning that they have other options to fall back on if they decide to give up their Russian citizenship. The Here are the billionaires who have publicly renounced their Russian citizenship since the Ukraine war started: Yuri Milner Above, founder of DST Global, Yuri Milner, speaks onstage during TechCrunch Disrupt SF on September 18, 2017, in San Francisco, California. Milner said on October 10, 2022, that he had renounced his Russian citizenship. Steve Jennings/Getty Images for TechCrunch On Monday, billionaire Yuri Milner, one of the 15 richest people in Russia, relinquished his citizenship. "My family and I left Russia for good in 2014, after the Russian annexation of Crimea," Milner Milner, 60, is the richest Russian in Silicon Valley. He was an He does not have any assets in Russia and has never met Putin, according to a statement by DST Global. Israel has often been a safe haven for Russian billionaires who claim to have Jewish roots, as the country offers citizenship to anyone who can prove it through its "Law of Return." Ruben Vardanyan Last month, the 54-year-old former chief executive officer and shareholder of the Troika Dialog investment bank, renounced his Russian citizenship and announced that he wou...

Billionaire Silicon Valley investor Yuri Milner said Monday he had renounced his Russian citizenship. "My family and I left Russia for good in 2014, after the Russian annexation of Crimea. And this summer, we officially completed the process of renouncing our Russian citizenship," the Moscow-born Milner tweeted. Milner, founder of the internet investment firm DST Global and one of the original investors in Facebook, has been an Israeli citizen since 1999, DST Global said in a fact sheet on its website. The venture capitalist and physicist has no assets in Russia and 97% of his wealth was created elsewhere, it said. "Yuri has never met Vladimir Putin, either individually orinagroup," it said. Milner's nonprofit Breakthrough Prize Foundation has condemned the Russian invasion of Ukraine. "As the terrible war in Ukraine continues, with casualties and atrocities mounting, the Breakthrough Prize Foundation strongly condemns Russia's invasion of Ukraine and its unprovoked and brutal assaults against the civilian population," it said in a statement in March. Milner's foundations have donated at least $11 million to help refugees from Ukraine and scientists forced to flee the country, according to DST Global. Milner and the late British cosmologist Stephen Hawking in 2016 announced an ambitious space initiative for a mission to Alpha Centauri, the nearest star system to Earth, using tiny light-propelled, ultra-light space vehicles, or "nanocraft." The pair also teamed up to launch...

A factsheet on DST Global's website says that Milner has been an Israeli citizen since 1999 and has not visited Russia since 2014. It further states that Milner has no assets in Russia, 97 per cent of his personal wealth was created outside of the country and "Yuri has never met Vladimir Putin, either individually or in a group". Milner’s ties to Russia have been a subject of discussion in the Silicon Valley. His firm sought to distance itself from Russia's actions in Ukraine and the sanctions imposed by western nations. The Bloomberg Billionaires Index estimates Milner’s wealth at about $3.5 billion. His firm has also invested in tech giants like Facebook, now Meta Platforms Inc., and Twitter Inc.

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“My family and I left Russia for good in 2014, after the Russian annexation of Crimea,” Milner Born in Moscow in 1961, Milner received Israeli citizenship in 1999, and moved his family to California in 2014, according to a DST Global is one of Silicon Valley’s most prominent venture capital firms, with investments in tech companies like Milner had had to defend himself and his venture capital firm from allegations of ties to Russia even before the country invaded Ukraine earlier this year. Alisher Usmanov, a Russian metals tycoon, and VTB, a state-owned Russian bank, were early backers of DST Global. VTB Bank was first sanctioned in 2014 after Russia annexed Crimea, and sanctions were expanded this year after Russian president Vladimir Putin launched his broader invasion of Ukraine. The U.S., U.K., and European Union also placed sanctions on Usmanov in response to the war. In 2017, the New York Times reported that Milner’s investments in Facebook and Twitter were financed by money from state-owned companies like VTB and Russia’s invasion of Ukraine revived concerns about Milner and DST Global. Milner said that he ”cannot go back and change history” in a March interview with Bloomberg Businessweek . “I cannot change the fact I was born in Russia. I cannot change the fact we had some Russian funds.” Milner’s website It also claims Milner has never met Putin, “either individually or in a group.”

Moscow-born billionaire Yuri Milner has cut his last tie to his homeland, renouncing his Russian citizenship after condemning the country for its military offensive against Ukraine. Milner completed the process of shedding his Russian citizenship in August, according to an updated “My family and I left Russia for good in 2014, after the Russian annexation of Crimea. And this summer, we officially completed the process of renouncing our Russian citizenship,”the billionaire tweeted on Monday. A number of Russian-born businessmen have tried to distance themselves from their native country amid public outrage in the West over the Ukraine conflict and efforts by the US and its allies to seize the assets of so-called oligarchs with ties to the Kremlin. Milner was among at least seven Russian billionaires who asked US-based Forbes magazine to refrain from mentioning their national origins. READ MORE: Don’t call us ‘Russian’ – tycoons Milner, who has been called Russia’s most influential technology investor, built a fortune estimated by Bloomberg at $3.5 billion. He was an early investor in Facebook, Twitter, and Airbnb, and he bet successfully on such Chinese tech companies as online retailer Alibaba and smartphone maker Xiaomi. In 2018, the US Treasury Department placed Milner on its ‘Kremlin list’ of officials and tycoons with alleged ties to the Russian government. However, he hasn’t set foot in Russia since 2014, and his venture capital firm hasn’t raised any funds from Russi...