Record asset seizure: Authorities confiscated $7.6 billion in holdings tied to Vadim Moshkovich, the largest nationalization in recent years.

Part of wider campaign: The Kremlin has transferred an estimated $89.7 billion in private assets to state control since the Ukraine war began.

Elite on alert: Billionaires are showing loyalty to avoid similar fates, with some making large voluntary contributions to the state budget.

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[–] 1 point 3 months ago

Its hard to be very sad that Putin is eating Russian oligarchs. If he could just do that to some Israeli and American oligarchs I might start being a fan. How about Musk? Putin could cash him out for a trillion. Musk and Putin are buddies and talk regularly evidently

https://www.wsj.com/world/russia/musk-putin-secret-conversations-37e1c187

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