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3/12/22

Uktaine War - sanctions: Alexei Mordashov: Russia’s richest man is now an EU sanctions target

He is the Russian oligarch who stepped in to keep travel firm Tui afloat, pumping in cash as international tourism came to a standstill during the pandemic.
However, Alexei Mordashov – who owns a third of Europe’s biggest tour operator and is its largest single shareholder – may be becoming something of a liability for Tui, whose shares are listed in London, after the EU added him to its sanctions list on Monday night.

While Mordashov has not been sanctioned in the UK, his business interests in the region will now be severely curtailed.

Read more at: Alexei Mordashov: Russia’s richest man is now an EU sanctions target | The super-rich | The Guardian

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