INSUBCONTINENT EXCLUSIVE:
Billionaire investor Alexander Mamut fled Russia shortly after Moscow launched its invasion of Ukraine last year and now plans to launch a
"liberal" media outlet abroad.Mamut, 63, currently divides his time between the United Kingdom and France, according to one of his
acquaintances of Mamut, who spoke to The Moscow Times on condition of anonymity, confirmed that he left Russia sometime after the start of
the full-scale invasion in February 2022."He sold everything he had in Russia, except his apartment, before the military operation started,"
one of Mamut's acquaintances told The Moscow Times.Another acquaintance described him as a "former billionaire.""He lost a lot of money in
He's not a billionaire anymore
I think this is one of the important reasons for his departure
Almost everything of his has gone into debt in various forms, from his media to personal assets like yachts and houses," the source told The
Moscow Times.Mamut is the former owner of tech and media group Rambler, which unites several media projects including the online news
was a member of the inner circle of former Kremlin official Vyacheslav Volodin, who is now the speaker of the State Duma
become a sponsor of the liberal media is primarily related to the fear of being sanctioned
to take revenge on me for the early termination of the employment contract with G
