May 2, 2022, 02:14am.
The New York Times reported on Sunday that Tinkov said he was forced to sell his stake in Russia's second-largest bank without any chance to negotiate, after he criticized the invasion of Ukraine.
One of the few Russian business tycoons who has criticized Putin is Oleg Tinkov.
Tinkov told the New York Times that executives of his bank were ordered to sever their ties with Russia after he commented on the war.
Putin ally Vladimir Potanin agreed to sell his stake in the company last week.
Tinkov told the Times that he had to take what was offered in order to negotiate the price.
On April 19th, Tinkov posted on the social media site that he did not see anyone benefiting from the crazy war and that innocent people and soldiers were dying.
Tinkov is the only major Russian business leader to speak out against Putin, but he claims that many of Russia's business and government elite are afraid of him.
The Russian tycoon is protected by bodyguards.
$7 billion. According to a Forbes estimate, Tinkov's net worth was at its peak. Since the start of the war, the former holding company of Tinkoff has plunged more than 90%.
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