Usmanov is chief executive officer of Gazprominvestholding. His fortune stems
from holdings in mining (Metalloinvest, Russia's largest iron ore producer), technology (Facebook, Twitter, Alibaba, Zynga and Groupon through Digital Sky Technologies and Mail.ru) and telecommunications (MegaFon). He also co-owns U.K. soccer team Arsenal.
Alisher Usmanov, Russia’s richest person, moved control of most of his $20 billion fortune last year to a holding company based in the British Virgin Islands, a collection of more than 60 isles 5,600 miles away from Moscow.
Alisher Usmanov, the Russian billionaire who made a more than 10-fold return from his investment in Facebook Inc., said he recently spent about $100 million buying Apple Inc. shares in anticipation they will rise.
United Capital Partners is seeking to boost the value of Russia’s largest social network VKontakte to $10 billion within a decade after buying a 48 percent stake, the fund’s President Ilya Sherbovich told state television.
Pavel Durov is Russia's Mark Zuckerberg. Just five months younger than the Facebook founder, the programmer formed VKontakte in 2006, giving the Russian-language social network two years to build a following before Facebook arrived. Today, VKontakte has 43 million users in its home country, dwarfing Facebook's Russian presence.
United Capital Partners agreed to acquire 48 percent of VKontakte from the co-founders of Russia’s largest social network, rebuffing efforts by billionaire Alisher Usmanov to gain control of the company, said two people familiar with the matter.