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EU Faces Backlash Over Delisting Two Russian Billionaires
The EU lifted asset freezes and travel bans on Russian billionaires Alisher Usmanov and Mikhail Fridman after French pressure, while renewing broader Russia sanctions for three years. The move, opposed by Ukraine and criticized by Baltic states as a damaging precedent that could weaken pressure on Moscow, has prompted Estonia and Latvia to maintain their own sanctions on the two men.
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About Alisher Usmanov
Alisher Burkhanovich Usmanov is a Russian-Uzbek businessman. As of 2026, Usmanov is the 222nd richest person in the world according to Forbes, with a net worth of $14.1 billion, largely due to his stake in USM Holdings, in which Usmanov holds less than 50%.
Everything about Alisher Usmanov →- Occupation
- businessperson, entrepreneur, investor, functionary
- Position held
- chairperson
- Citizenship
- Soviet Union, Russia, Uzbekistan
- Born
- September 9, 1953