2 of Russia's richest billionaires are speaking out against Russian invasion of Ukraine as sanctions

[Yo_Mama_Been_Loggin]

slam the country's economic elite

Billionaires Mikhail Fridman and Oleg Deripaska are speaking out against the war with Ukraine — making them some of the first Russian business leaders to push back against Putin's military invasion.

The rare protest from Russian elites comes as the US, Canada, and European nations impose "severe" sanctions on the country's economy and finance systems. On top of targeting the Russian economy and financial systems, the sanctions are also taking aim at prominent Russian oligarchs and their Western assets.

One day after the invasion of Ukraine, Russia's 22 richest individuals lost a combined $39 billion. Now, the Russian economy is facing a financial meltdown.

Fridman, who founded Russia's largest private bank and currently runs LetterOne, a private equity firm, said "war can never be the answer" in a letter to employees first reported by the Financial Times on Sunday.

https://www.msn.com/en-us/news/world/two-of-russias-richest-billionaires-are-speaking-out-against-russian-invasion-of-ukraine-as-sanctions-slam-the-countrys-economic-elite/ar-AAUqnKa

[Mandeville]

1. I don't trust them

[smb]

2. Getting Cut Off From Your Overseas Vacations And Yachts Sucks, Doesn't It? nt

[Irish_Dem]

3. They are only speaking out because they might lose some money.

They are not to be trusted. They are part of the Russian mob.

[crickets]

4. +1

[lagomorph777]

5. We expected nothing more, but the sanctions are clearly starting to work.

[Irish_Dem]

6. Yes, even speaking out only for personal interests is something.

Shows a crack in the oligarchy support for Putin perhaps.

[ProfessorGAC]

7. Sort Of The Point Of The Sanctions

Putin wouldn't care if the "little people" got stung by sanctions.
It has to hurt the monied elite.

[LonePirate]

8. Bingo! Losing their money/assets or facing jail time are the only ways to make a billionaire suffer.