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.
Russian stocks trading in New York sank for a fourth day as concern mounted that President Vladimir Putin faces stiffer international sanctions after his special forces were spotted in eastern Ukraine.
A detained billionaire who made a fortune as a middleman in Russia’s murky gas trade with Ukraine may hold the key for U.S. lawmakers seeking harsher sanctions against President Vladimir Putin’s inner circle.
Metalloinvest Holding Co., the Russian iron ore business owned by billionaire Alisher Usmanov, got a $1.2 billion loan even as leaders in the U.S. and Europe prepare to impose further sanctions over the crisis in Crimea.