Here are the Russian oligarchs who fell victim to new Biden sanctions

Here are the Russian oligarchs who fell victim to new Biden sanctions

President Joe Biden has announced punitive sanctions against a handful of elite Russian oligarchs as part of his package of measures to punish Vladimir Putin for invading Ukraine.

The administration said the Russian elite targeted by Thursday’s round of sanctions belonged either to prominent families close to Putin himself or to powerful leaders in the country’s financial sector.

They will now be subject to “full lockdown sanctions,” meaning they are cut off from the US financial system, any assets they hold in the United States are frozen, and they are barred from entering the US.

“This action involves individuals who have enriched themselves at the expense of the Russian state and have elevated their family members to one of the highest posts in the country,” the White House said in a statement.

“It also includes financial figures who head Russia’s largest financial institutions and are responsible for providing the resources needed to support Putin’s invasion of Ukraine,” the statement said.

President Joe Biden has announced punitive sanctions against a handful of elite Russian oligarchs as part of his package to punish the invasion of Ukraine.

President Joe Biden has announced punitive sanctions against a handful of elite Russian oligarchs as part of his package to punish the invasion of Ukraine.

Putin himself has not yet been subject to individual sanctions, and his wealth, whatever it may be, is so well hidden that it is unclear whether the sanctions will affect him.

Putin himself has not yet been subject to individual sanctions, and his wealth, whatever it may be, is so well hidden that it is unclear whether the sanctions will affect him.

Putin himself has yet to face individual sanctions, a move that would be extraordinary, but one that Biden says remains “on the negotiating table.”

However, it is unclear whether individual sanctions against Putin himself will have any significant impact, because the Russian leader’s wealth remains a complete mystery and is beyond the reach of the United States.

Rumor has it that Putin’s personal fortune is in the hundreds of billions, possibly making him the world’s richest man, but this has never been confirmed. Forbes recently called it “the most elusive mystery in the hunt for riches.”

Here are the Russians Biden named for individual sanctions:

Sergei Borisovich Ivanov and his son Sergei Sergeevich Ivanov

The Ministry of Finance calls the Ivanovs a family “close to Putin.”

Elites close to Putin continue to use their proximity to the Russian president to plunder the Russian state, enrich themselves and elevate their family members to some of the highest positions of power in the country at the expense of the Russian people. says in the statement.

Sergei Borisovich Ivanov is the Special Representative of the President of the Russian Federation for environmental protection, ecology and transport.

Sergei Borisovich Ivanov is the Special Representative of the President of the Russian Federation for environmental protection, ecology and transport.

Sergei Borisovich Ivanov is the Special Representative of the President of the Russian Federation for environmental protection, ecology and transport.

His son, Sergei Ivanov, is currently CEO of the Russian state-owned diamond mining company Alrosa and a board member of Gazprombank.

His son, Sergei Ivanov, is currently CEO of the Russian state-owned diamond mining company Alrosa and a board member of Gazprombank.

He is reportedly one of Putin’s closest allies and has previously served as chief of staff to the president, deputy prime minister and Russian defense minister.

He is also a permanent member of the Security Council of the Russian Federation.

Sergei B. Ivanov was close to Putin even before the Russian leader came to power, serving as his deputy when Putin headed the FSB, the successor to the Soviet KGB.

After Putin came to power in 1999, Ivanov Sr. held various positions in the government, including being the Minister of Defense of Russia.

His son, Sergei S. Ivanov, is currently CEO of the Russian state-owned diamond mining company Alrosa and a board member of Gazprombank.

While the elder Ivanov was previously subject to US sanctions, in the latest round he is renamed and his son is added.

Nikolai Platonovich Patrushev and his son Andrey Patrushev

Nikolai Patrushev is the secretary of the Security Council of the Russian Federation and is reportedly a longtime close associate of Putin.

He succeeded Putin as director of the Russian FSB and ran the security agency from 1999 to 2008.

The Treasury Ministry refers to the Patrushev family as another “close to Putin” and notes: “Many of these individuals are believed to participate in or benefit from the kleptocracy of the Russian regime along with their family members.”

Nikolai Patrushev is the secretary of the Security Council of the Russian Federation and is reportedly a longtime close associate of Putin.

Nikolai Patrushev is the secretary of the Security Council of the Russian Federation and is reportedly a longtime close associate of Putin.

Patrushev's son, Andrey Patrushev, has held senior positions at Gazprom Neft and works in the Russian energy sector.

Patrushev’s son, Andrey Patrushev, has held senior positions at Gazprom Neft and works in the Russian energy sector.

Patrushev’s son, Andrey Patrushev, has held senior positions at Gazprom Neft and works in the Russian energy sector.

Andrei Patrushev was born in 1981 in Leningrad, according to Gazprom’s biography.

From 2013 to 2015, he was Deputy General Director for Capital Construction at Gazprom Dobycha Shelf Yuzhno-Sakhalinsk.

He also worked as a member of the Management Board, Deputy General Director for Development of Offshore Projects of Gazprom Neft PJSC.

Igor Ivanovich Sechin and his son Ivan Igorevich Sechin

Igor Sechin is the CEO, Chairman of the Board and Deputy Chairman of the Board of Directors of Rosneft, one of the world’s largest public oil companies.

He was previously Deputy Prime Minister of the Russian Federation from 2008 to 2012 and is reportedly a close ally of Putin.

Russian President Vladimir Putin walks with Rosneft CEO Igor Sechin while visiting the Konevsky Monastery on Konevets Island in Leningrad last year.

Russian President Vladimir Putin walks with Rosneft CEO Igor Sechin while visiting the Konevsky Monastery on Konevets Island in Leningrad last year.

Igor Sechin is the CEO, Chairman of the Board, Deputy Chairman of the Board of Directors of the oil company Rosneft.

Igor Sechin is the CEO, Chairman of the Board, Deputy Chairman of the Board of Directors of the oil company Rosneft.

He has had connections with Putin since 1994, when Putin was the first deputy mayor of St. Petersburg, and Sechin was his chief of staff.

Since then, Sechin has followed Putin throughout his career, holding various positions in the Russian government.

His son Ivan Sechin was born in 1989 and graduated from the Lomonosov School of Business at Moscow State University.

Ivan Sechin is believed to work closely with his father at Rosneft, where he is reportedly a deputy department head.

Andrei Sergeevich Puchkov, Yuri Alekseevich Soloviev and his wife Galina Olegovna Ulyutina

Andrey Sergeevich Puchkov Yuri Alekseevich Solovyov

Andrey Sergeyevich Puchkov (left) and Yury Alekseevich Solovyov (right) are two high-ranking executives of VTB Bank who work closely with the head of VTB Bank, Andrei Kostin, who was previously sanctioned.

Puchkov and Solovyov are two high-ranking executives of VTB Bank who work closely with the bank’s chief executive Andrei Kostin, who was previously sanctioned.

In addition to VTB, Puchkov has other business interests, including the Moscow real estate companies Atlant C LLC and Inspira Invest A LLC.

According to the Ministry of Finance, Solovyov’s wife Galina Olegovna Ulyutina was previously involved in the “golden passport” scheme.

Alexander Alexandrovich Vedyakhin

The Ministry of Finance ranks Vedyakhin among the “elite of the financial sector.”

Alexander Vedyakhin, First Deputy Chairman of the Board of Sberbank

Alexander Vedyakhin, First Deputy Chairman of the Board of Sberbank

“The top executives of state banks, like the Kremlin-linked elite, use their proximity to the Russian power vertical to advance the interests of the Russian state while maintaining an extravagant standard of living,” the agency said in a statement.

Vedyakhin – First Deputy Chairman of the Board of Sberbank.

He was born in 1977 in Volograd, and in the last decade he has taken continuing education courses at Stanford and the Massachusetts Institute of Technology in the United States.

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