How an Instagram post 'cost' $9 billion for one of Russia’s wealthiest bankers
Former Russian banking tycoon Oleg Tinkov lost nearly $9 billion after criticizing the war in Ukraine on Instagram. He was forced to sell his stake in Tinkoff Bank for a fraction of its value under duress from Kremlin-linked officials. Tinkov has since left Russia and renounced his citizenship.
Former Russian banking tycoon Oleg Tinkov lost nearly $9 billion after criticizing the war in Ukraine on Instagram. He was forced to sell his stake in Tinkoff Bank for a fraction of its value under duress from Kremlin-linked officials. Tinkov has since left Russia and renounced his citizenship.
