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 mobile carrier OAO MegaFon, trying to fend off competition, started offering Muscovites what it calls the world’s fastest wireless connection. The catch: customers have to buy a $340 router to get the record speeds.
Russia’s Ekho Moskvy radio station, which gives a platform to critics of the government, said it faces a threat to editorial independence as its state-controlled majority owner moved to replace the company’s chief executive.