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The US sanctions on Russia hurt Putin's wealthy allies.

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Vladimir Putin
Many of these oligarchs have close ties to Russian president Vladimir Putin.Mikhail Svetlov/Getty Images
  • The United States, United Kingdom, and European Union imposed sanctions on Russian businessmen.

  • The wealthy and powerful people are said to have ties to Putin.

  • The sanctions are in response to the war in Ukraine.

1. Russia has a Special Presidential Representative for Environmental Protection, Ecology, and Transport. According to the US Treasury department, the former KGB agent was Putin's Chief of Staff from 2011 to 2016 and one of Putin's closest allies. The US has imposed sanctions on him.

Russian President Vladimir Putin (R) listens to his Special Envoy on Ecology Sergei Ivanov (L) during a meeting with foreign investors at the 2018 Saint Petersburg International Economic Forum.
Russian President Vladimir Putin (R) listens to his Special Envoy on Ecology Sergei Ivanov (L) during a meeting with foreign investors at the 2018 Saint Petersburg International Economic Forum.Mikhail Svetlov/Getty Images

The US Treasury.

2. His son is the CEO of Alrosa. The world has 28% of its diamond mining capacity accounted for by Alrosa, which is partially owned by Russia. According to Statista, its sales last year were estimated to be $4.2 billion.

Russia's President Vladimir Putin (L) meets with Sergei Ivanov, CEO of the Alrosa diamond mining company, at the Moscow Kremlin.
Russia's President Vladimir Putin (L) meets with Sergei Ivanov, CEO of the Alrosa diamond mining company, at the Moscow Kremlin.Mikhail KlimentyevTASS via Getty Images

The US Treasury.

The company was one of 11 Russian entities that were hit with new debt and equity sanctions on Thursday. According to Forbes, Alrosa has a market cap of $6.2 billion. Like his father, the younger Ivanov was also on the US sanctions list.

Russian diamond mining company Alrosa's CEO Sergei Ivanov Jr.
Russian diamond mining company Alrosa's CEO Sergei Ivanov Jr.ALEXANDER NEMENOV/AFP via Getty Images

Statista, US Treasury, Forbes.

3. The secretary of the Russian Federation Security Council is Nikolai Patrushev. According to the US Treasury, Patrushev is a longtime associate of Putin. The Russian Federal Security Service is the successor to the Soviet Union's KGB. The US and the UK have imposed sanctions on him.

Russian Security Council Secretary Nikolai Patrushev and Russia's President Vladimir Putin during a meeting with the Secretary-General of the Japanese National Security Council.
Russian Security Council Secretary Nikolai Patrushev during a meeting with the Secretary-General of the Japanese National Security Council.Mikhail MetzelTASS via Getty Images

The US Treasury is located in the UK.

4. The son of Nikolai Patrushev. He was appointed as the CEO of Gazprom Neft in 2019. The US has imposed sanctions on him.

Andrey Patrushev
Andrey PatrushevGazprom Neft press center

The US Treasury is related to Gazprom Neft.

5. One of the world's largest oil companies is led by the CEO.

Igor Sechin
Rosneft Chief Executive Igor Sechin attends a session of the St. Petersburg International Economic Forum (SPIEF), Russia, June 2, 2017.REUTERS/Sergei Karpukhin/File Photo

The US Treasury and the EU.

The second-most powerful man in Russia is the oil baron. The US, EU, and the UK have imposed sanctions on Sechin.

Russian President Vladimir Putin (L) looks on Rosneft President Igor Sechin (R) during Russian-Chinese talks at the Grand Kremlin Palace in Moscow.
Russian President Vladimir Putin (L) looks on Rosneft President Igor Sechin (R).Mikhail Svetlov/Getty Images

The US Treasury.

6. Ivan Sechin is a deputy department head. The younger Sechin has been sanctioned by the US.

Rosneft builds North Bay Port crude oil terminal on eastern coast of Yenisey Gulf in Krasnoyarsk Territory, Russia.
Rosneft builds North Bay Port crude oil terminal on eastern coast of Yenisey Gulf in Krasnoyarsk Territory, Russia.Denis KozhevnikovTASS via Getty Images

The US Treasury.

7. Alexander Vedyakhin was the first deputy chairman of the executive board of Sberbank. Sberbank holds a third of Russia's bank assets. The US has taken action against Vedyakhin.

Alexander Vedyakhin, First Deputy Chairman of the Sberbank Executive Board.
Alexander Vedyakhin, First Deputy Chairman of the Sberbank Executive Board.Mikhail JaparidzeTASS via Getty Images

The US Treasury.

There are 8. A high-ranking executive at the second-largest financial institution in Russia. Two Moscow-based real estate companies have stakes in Puchkov. The US has imposed sanctions on him.

The logo of Russian bank VTB is seen on one of its offices in Moscow.
Russia's VTB bank was listed as one of those targeted by the proposed sanctions, according to Reuters.Kirill Kudryavtsev/Getty Images

The US Treasury.

There are 9. The first deputy president-chairman of the board at VTB Bank, which was hit with full-blocking sanctions to Russia's financial system, has been sanctioned by the US.

Yuri Solovyev, first deputy president-chairman of the Board at VTB Bank, during a meeting between Russian President Vladimir Putin and investors.
Yuri Solovyev, first deputy president-chairman of the Board at VTB Bank, during a meeting between Russian President Vladimir Putin and investors.Mikhail KlimentyevTASS via Getty Images

The US Treasury.

10. The ex-wife of Soloviev is accused of being involved in a golden passport scheme where Russia's elite pay for citizenship by investing in a country. The US, Canada, and Europe are no longer issuing golden passports. The US has imposed sanctions on her.

Capital One Venture X card on a travel-themed background featuring mini plane, laptop, passport and champagne
Ulyutina is accused of running a "golden passport" scheme.Crystal Cox/Insider

The US Treasury.

11. The owner of a football club is worth more than $11 billion. He has stakes in two Russian companies.

Chelsea owner Roman Abramovich is seen on the stand during the Barclays Premier League match between Chelsea and Sunderland at Stamford Bridge
Chelsea owner Roman Abramovich.Getty/Clive Mason

The UK is in the EU.

The eighth-richest man in Russia is Roman Abramovich. The billionaire announced last week that he would sell the football team and donate the net proceeds to war victims. The UK and the EU have imposed sanctions on him.

Roman Abramovich, owner of Chelsea smiles following his team's victory during the UEFA Champions League Final between Manchester City and Chelsea FC
Roman Abramovich is selling Chelsea after almost two decades as owner.Alexander Hassenstein/Getty Images

The UK is in the EU.

There are 12. The billionaire has stakes in En+ Group. One of the world's largest aluminum producers is owned by the energy company. The UK has imposed sanctions on him.

Oleg Deripaska
Russian metals magnate Oleg Deripaska.AP Photo/Alexander Zemlianichenko

The source is the UK.

One of the first Russian tycoons to speak out against the war on Ukraine on social media was a man with a net worth of $2 billion. He claimed in a lawsuit that US sanctions have devastated his wealth and business reputation.

Russia's President Vladimir Putin and Oleg Deripaska
Russia's President Vladimir Putin and Oleg Deripaska at a 2014 summit.Wang Zhao-Pool/Getty Imgaes

13 The chairman of the second-largest bank in Russia is a man. The multi-millionaire was described by the UK government as an associate of Putin who has supported Kremlin objectives.

Russia's President Vladimir Putin (L) and VTB Bank president Andrei Kostin talk during a 2020 meeting in the Novo-Ogaryovo residence.
Vladimir Putin and VTB Bank president Andrei Kostin during a 2020 meeting.Alexei NikolskyTASS via Getty Images

There are 14. A majority state-owned energy company is led by a CEO. One of the most important executives supporting the Russian Government is an executive who served under Putin when he was the mayor of St Petersburg. The UK has imposed sanctions on him.

Gazprom's CEO Alexei Miller (L) attends a signing ceremony at the Grand Kremlin Palace April 5, 2017 in Moscow, Russia.
Gazprom's CEO Alexei Miller (L) attends a signing ceremony at the Grand Kremlin Palace April 5, 2017 in Moscow, Russia.Mikhail Svetlov/Getty Images

15. State-controlled Transneft is the world's largest oil company. The US, UK, and EU have sanctions against the man who served in the KGB with Putin.

Russia's Prime Minister Dmitry Medvedev (L) and Nikolai Tokarev, chairman of the Board, president at Transneft, during a 2019 meeting.
Nikolai Tokarev in 2019.Alexander AstafyevTASS via Getty Images

The US Treasury.

16. According to the UK, the chairman of the board of directors at Bank Rossiya is a man who is widely considered to be the Kremlin's private bank. The UK has imposed sanctions on him.

Rossiya Bank headquarters in St Petersburg, Russia.
Rossiya Bank headquarters in St Petersburg, Russia.Alexander DemianchukTASS via Getty Images

The source is the UK.

17 The billionaire is one of Putin's favorites, with business holdings in the steel giant Metalloinvest and the daily paper Kommersant. The EU, UK, and US have imposed sanctions on him.

Alisher Usmanov
Alisher Usmanov (R) stands with Vladimir Putin.AP/ Alexei Druzhinin

The US Treasury is located in the EU and the UK.

18. One of the main shareholders of the Alfa Group is Petr Aven. The EU and the UK have imposed sanctions on Aven, who they claim is one of Putin's closest associates.

Alfa Bank Chairman of the Board Petr Aven t the Russian Presidential Academy of National Economy and Public Administration in 2020.
Alfa Bank Chairman of the Board Petr Aven t the Russian Presidential Academy of National Economy and Public Administration in 2020.Photo by Valery SharifulinTASS via Getty Images

The EU is in the UK.

19 The Alfa Group founder is described by the EU as a top Russian financier and an accessory to Putin's inner circle.

Mikhail Fridman
Mikhail Fridman in 2018.Sergei Karpukhin/Reuters

The EU is in the UK.

20. The EU alleges that the Russian businessman is responsible for at least $2 billion through banks and offshore companies as part of Putin's hidden financial network. The EU and the UK have imposed sanctions on him.

Russian President Vladimir Putin (L) awards businessman and cellist Sergei Roldugin (R) at the Kremlin in 2016.
Cellist Sergei Roldugin at the Kremlin in 2016.Mikhail Svetlov/Getty Images

The EU is in the UK.

21. Alexander Ponomarenko, the Chairman of the board of Sheremetyevo International Airport, has been described by the EU as a close associate of Putin.

Sheremetyevo International Airport Board Chairman Alexander Ponomarenko.
Sheremetyevo International Airport Board Chairman Alexander Ponomarenko.Sergei BobylevTASS via Getty Images

The EU is in the UK.

22. Gennady Timchenko is the owner of the Volga Group, a private investment group. The EU says he is one of Putin's closest associates.

Gennady Timchenko
Volga Group owner Gennady Timchenko.REUTERS/Grigory Dukor

The EU is in the UK.

There is a new date for this. The richest man in Russia is the chairman of the two companies. The EU sanctions list says he benefits from his links with Russian decision-makers, while Mordaschov says he has nothing to do with the current tensions.

Russia's President Vladimir Putin (L) and Severstal Board Chairman Alexei Mordashov during a 2018 meeting in Moscow.
Russia's President Vladimir Putin (L) and Severstal Board Chairman Alexei Mordashov during a 2018 meeting in Moscow.Alexei DruzhininTASS via Getty Images

The source is the EU.

24. According to the EU sanctions list, the chairman of Russia's state-owned bank provides financial support to the Russian defense sector and the Russian Military. The EU has imposed sanctions on him.

Pyotr Fradkov (R), and Russia's Prime Minister Dmitry Medvedev talk during a meeting in 2019.
Pyotr Fradkov in 2019.Yekaterina ShtukinaTASS via Getty Images

The source is the EU.

25. The main Alpha Group shareholder is German Khan. The EU labeled him anoligarch close to Putin, who is believed to be one of the most influential people in Russia.

The logo of Alfa Bank
The logo of Alfa Bank in 2021.KIRILL KUDRYAVTSEV/AFP via Getty Images

The EU is in the UK.

26. One of Russia's biggest taxpayers is the board of directors of the Magnitogorsk Iron and Steel Works. The EU and the UK have sanctions against him.

Magnitogorsk Iron and Steel Works
The logo for the Magnitogorsk Iron and Steel Works.Rafael Henrique/SOPA Images/LightRocket via Getty Images

The EU is in the UK.

27. A main shareholder of the Alfa Group is Alexey Kuzmichev. According to the EU, this man has a close relationship with Putin. The EU and the UK have imposed sanctions on him.

alfa group
An Alfa building in Ukraine.Pavlo Gonchar/SOPA Images/LightRocket via Getty Images

The source is the EU.

There is a new date for this. Alexander Mikheev is the CEO of JSC. According to the EU, the sole state-sponsored intermediary for the export and import of military and dual-use products, technologies and services is Russia. The EU and the UK have imposed sanctions on him.

ROSOboronexport
A ROSOboronexport logo photographed in 2017.Geem Drake/SOPA Images/LightRocket via Getty Image

The EU is in the UK.

29. Alexander Shokhin is the President of the Russian Union of Industrialists and Entrepreneurs. The EU describes him as a member of the inner circle of oligarchs close to Putin, as well as a supporter of policies that undermine or threaten Ukraine. The EU and the UK have imposed sanctions on him.

Russian President Vladimir Putin (R) gives the award to Chairman of RSPP Alexander Shokhin (L) during the plenary session of the 30th Congress of Russian Union of Industrialists and Entrepreneurs (RSPP) at the State Kremlin Palace, on December 17, 2021 in Moscow, Russia. Representatives of Russia's biggest business lobby gathered at the Kremlin for an annual congress.
Russian President Vladimir Putin (R) gives the award to Chairman of RSPP Alexander Shokhin (L) in 2021.Mikhail Svetlov/Getty Images

The EU is in the UK.

30. The executive director of Rosseti PJSC is Andrey Ryumin. The energy grid operator is called Rosseti. The EU and the UK have imposed sanctions on Ryumin.

Rosseti
A Rosseti logo photographed in 2018.KIRILL KUDRYAVTSEV/AFP via Getty Images

The EU is in the UK.

31. A publicist and member of the Russia Today board. The EU described this man as a propagandist who runs a show for Russian state-owned media outlet Sputnik.

Russian historian Armen Gasparyan
Armen Gasparyan presenting his book in 2017.MAXIM ZMEYEV/AFP via Getty Images

The EU is in the UK.

There are 32. Artyom, or Artem, Sheynin is a host of the state-controlled Russian talk show "Vremya Pokazhet".

russian russia flag
A person holds a Russian flag.Fadel Itani/NurPhoto via Getty Images

The EU is in the UK.

33. The EU says that the CEO of Channel One Russia has been used for propaganda purposes by the Russian authorities for many years.

Konstantin Ernst
Channel One Russia CEO Konstantin Ernst.Mikhail Svetlov/Getty Images

The source is the EU.

34. Marina Sechina was the former wife of Sechin. According to the EU, Sechina has used connections with various actors in the Russian government and Russian business structures, including with her former husband, for personal benefit.

igor sechin and vladimir putin
Igor Sechin and Vladimir Putin in 2019.Mikhail Svetlov/Getty Images

The EU is in the UK.

35. Nafta Moscow is a major financial and industrial group in Russia. According to the EU, the businessman is worth around $10 billion and works with Putin ally Sergei Roldugin. The EU and the UK have imposed sanctions on him.

Suleyman Kerimov
Suleyman Kerimov.Mikhail Svetlov/Getty Images

The EU is in the UK.

36. Tigran Khudaverdyan is the executive director of Yandex. The EU cited a whistle blower who claimed that Yandex was involved in a scheme to keep Russians in the dark about the true nature of the war in Ukraine. The EU and the UK have imposed sanctions on him.

Tigran Khudaverdyan
Tigran Khudaverdyan in 2021.Maksim Konstantinov/SOPA Images/LightRocket via Getty Images

The EU is in the UK.

37. The EU describes EuroChem Group AG as one of the world's biggest mineral fertilizer firms. According to the EU, the company cooperates with Russian authorities, including Putin. The EU has imposed sanctions on him.

Vladimir Rashevsky
Vladimir Rashevsky in 2018.Mikhail Svetlov/Getty Images

The source is the EU.

38. A film producer and TV presenter who serves as an expert on the State RF Duma committee on the affairs of the Commonwealth of Independent States. The EU describes Kulikov as a pro-Kremlin propagandist with a history of making comments in line with the Kremlin's narrative.

kremlin
A shot of the Kremlin in Moscow from 2020.YURI KADOBNOV/AFP via Getty Images

The source is the EU.

The original article is on Business Insider.

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