October 11, 2022
1 min read

Billionaire Yuri Milner renounces Russian citizenship

Milner, venture capitalist and physicist, has been an Israeli citizen since 1999, DST Global said in a fact sheet on its website…reports Asian Lite news

Billionaire investor and founder of the internet investment firm DST Global 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, venture capitalist and physicist, has been an Israeli citizen since 1999, DST Global said in a fact sheet on its website, AFP reported.

Milner who also one of the original investors in Facebook, has no assets in Russia and 97 percent of his wealth was created elsewhere, it said.

“Yuri has never met Vladimir Putin, either individually or in a group,” it said.

Milner’s non-profit Breakthrough Prize Foundation has condemned the Russian invasion of Ukraine, AFP reported.

“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, it was reported.

ALSO READ: Biden condemns Russian missile strikes across Ukraine

Previous Story

New Russian commander brings violent Syria playbook to Ukraine

Next Story

Nirmala to meet Yellen, World Bank chief

Latest from Europe

Extreme Heat Chokes Europe

Although over 80 countries have developed national drought plans, the UNCCD warns that implementation remains a major gap…reports Asian Lite News Large swathes of Europe are being scorched by extreme heat and

US Pauses Ukraine Military Aid

The move came amid concerns about US military stockpiles falling too low…reports Asian Lite News Following a review of US stockpiles, the Trump administration has paused certain military aid to Ukraine, confirmed

Alps Turn to ‘Swiss Cheese’

Switzerland’s reliance on glacial runoff for hydroelectric power faces growing risk — as glaciers shrink, short-term water flow may rise, but long-term shortages could threaten energy and water supplies. Switzerland’s glaciers —

Burn Notice for Europe

As summer unfolds, Europe is bracing for what may be the first of many extreme heatwaves. Europe braced for its first major heatwave of the northern hemisphere summer on Saturday, with soaring

Budapest Breaks the Ban

Budapest Pride turned from a celebration into a powerful protest against Viktor Orbán’s hardline rule, uniting voices for rights and democracy beyond the LGBTQ+ community. Budapest witnessed one of the largest Pride
Go toTop

Don't Miss

Russian navy starts drills in Sea of Japan, Okhotsk

More than 60 combat ships and support vessels, 35 naval

US Warns Russia, N. Korea of More Sanctions

US official suggested a two-way flow of weapons between Russia