Oleg Deripaska’s net worth may suffer as a result of the UK government’s proposed sanction against the Russian businessmen.
Oleg Deripaska, a Russian oligarch, and industrialist have made headlines after the UK government proposed sanctions against Russian oligarchs.
According to Daily Mail, he along with Roman Abramovich is among seven oligarchs who would be facing asset freeze and travel ban.
Oleg Deripaska Net Worth As Oligarch Hit With UK Sanctions
Oleg Deripaska’s real-time net worth is 2.6 billion USD, as stated in Forbes.
The Russsian is among the seven businessmen who have been targeted in an estimated £15 billion sanction hit by the UK Government.
Foreign Secretary Liz Truss has announced on March 10, 2022, with a tweet on her official handle.
She wrote: “I have announced a full asset freeze and travel ban on seven more of Russia’s wealthiest and most influential oligarchs, including Roman Abramovich and Oleg Deripaska. We will not stop in this mission to ramp up pressure on the Putin regime”
The other five businessmen on the list include Igor Sechin, Andrey Kostin, Alexei Miller, Nikolai Tokarev, and Dmitri Lebedev.
However, this is not the first time Deripaska has been sanctioned. In 2018, the Office of Foreign Assets Control of the US Department of the Treasury had slapped a sanction against him and his enterprises.
Yet again after OFAC had lifted the sanctions against him in 2019, he had agreed to permanently reduce his stakes to 44.95%.
What Assets Do UK Sanctioned Russian Oligarchs Have?
According to Forbes, Oleg Deripaska is the founder of Basic Element, a Russian industrial group. He is the 775th richest person on the planet.
In 2008, the businessman was the richest person in Russia and the 9th richest in the world.
Moreover, En+ Group, which combined Deripaska’s stake in UC Rusal and assets had raised around $1.5 billion in an IPO for the businessman.
As stated in the Gov.UK, “Oleg Deripaska has stakes in En+ Group, major extractives, and energy company which owns UC Rusal, one of the world’s major aluminum producers. He has a multi-million-pound property portfolio in the UK. His net worth is an estimated 2 billion pounds. The U.S. designated Deripaska in 2018.”
Oleg Deripaska & Ex Wife Polina Deripaska Combined Net Worth
Oleg Deripaska had divorced his wife Polina Deripaska in the year 2019. Their marriage lasted for more than 17 years.
However, their divorce has been dubbed one of the most expensive divorces of the decade.
Following the divorce, Polina Deripaska received 6.9 percent of En+ Group shares worth $440 million following the company’s IPO in London.