Thursday, March 6, 2014

The Russian Oligarchs Who Could Be Targeted By U.S. Sanctions

The Russian Oligarchs Who Could Be In John Kerry's Sights -- The Guardian

US secretary of state John Kerry has threatened Russia with isolation 'diplomatically, politically and economically'. If the US ever decided to make a move against individuals, these 12 men could be the targets

Len Blavatnik

Wealth $18.7bn*; Lives: New York and London

Blavatnik is technically now classed as an American after emigrating to the US from Russia in 1978, but many still see him as Russian.

He bought Warner Music, the world's third-biggest record label, for more than £2bn in 2011 and was one of the quartet of Russian oligarchs who owned half of TNK-BP, a highly profitable if often uncomfortable joint venture with the British oil company BP. The four oligarchs received a $28bn (£16.7bn) payout after selling their stake to state oil group Rosneft in 2012 and Blavatnik now splits his time between London, where he owns a £41m house in Kensington Palace Gardens, and his Fifth Avenue apartment in New York.

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My Comment: I will wager that none of these men will be sanctioned.

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