The wealthiest Russian in Silicon Valley, Yuri Milner, announced on Monday that he had relinquished his Russian citizenship.
According to a blog post on the website of Milner's venture capital business DST Global, the procedure was finished in August.
Yuri Milner Renounces Citizenship
The post discusses the company's history in relation to Russia, a subject that has drawn controversy in the wake of Russia's invasion of Ukraine, as per Bloomberg.
In 2014, following Russia's invasion of Crimea, Yuri Milner, who established technology investment company DST Global in 2009, tweeted, "My family and I left Russia for good." According to Mr. Milner's website, he has lived in California with his family since 2014 and became an Israeli citizen in 1999.
He didn't specify a rationale for making the announcement Monday. Milner's spokesperson declined to go further than his tweet. According to Milner's website, 97% of his wealth was generated outside of Russia, and he hasn't been there since 2014.
Milner has acquired a fortune estimated to be worth roughly $7.3 billion over the last ten years, making him the most well-known Russian-born investor in the American tech sector. Twitter and Facebook both had 5% shares in Milner's venture capital company, DST Global, at separate stages in the 2010s.
However, Yuri Milner had received hundreds of millions of dollars from Russian state-controlled banks early in his Silicon Valley venture capital career, based on the 2017 Paradise Papers leak of millions of secret financial data, many of which came from a Bermuda-based private bank. Despite the fact that Milner has consistently refuted allegations that he has ties to the Kremlin, this still stands, as per CNBC reported.
Russia-Ukraine War
Meanwhile, on Monday, Russia showered missiles down on Ukraine, giving the occupied country a bloody case of déjà vu, sapping power in several areas and heralding the expansion of a seven-month conflict that had, up until recently, been largely contained to the country's south and east.
The morning rush hour in Kyiv, the capital of Ukraine, was disrupted by the airstrikes, which arrived as the Russian Army was struggling on the battlefield. Residents hurried to bomb shelters or the subway system for safety. Infrastructure strikes in Kharkiv, the second-largest city, left areas in the dark as night fell.
In response to a Russian attack in Kyiv, Ukraine, on Monday, October 10, 2022, a medical professional sprints past a flaming car. The attacks resulted in at least 14 fatalities and 97 injuries, according to the Ukrainian government, which also noted damage to several structures. The attacks reportedly affected a dozen locations and caused more than 30 fires in Kyiv, according to the country's state emergency agency.
After Moscow accused Ukraine of being responsible for a weekend explosion on the bridge connecting Russia and the seized Crimean peninsula, the onslaught spread from the east to the west of Ukraine. Russia detailed the explosion on Saturday.
Following a Russian attack in Dnipro, Ukraine, on Monday, October 10, 2022, a rescue worker passes three dead that are wrapped in blankets. On Monday, explosions shook several Ukrainian cities, including the capital Kyiv, which experienced missile attacks for the first time in months.
President Vladimir Putin may have appreciated having a good excuse to escalate when the bridge was damaged. The Russian president has stepped up his rhetoric recently and is under pressure from several quarters within his own country due to the expensive war he has been waging against Ukraine since February 24.
The strikes on Monday shocked Kyiv, where life had essentially returned to normal after the Ukrainian military rejected Russia's late-winter campaign to seize the capital. On Monday, people in the capital remained calm while chanting national anthems and finding safety in the metro. However, many were shaken and many roads and buildings were destroyed.
In response to the strike on Monday morning, President Joe Biden, who slammed Russia with sanctions on Sept. 30 over the Kremlin's alleged takeover of four provinces in southern and eastern Ukraine, released a terse four-paragraph statement. Tuesday's meeting between Ukraine's President Volodymyr Zelenskyy and the G7 leaders, a group of some of the world's most economically powerful nations, may have helped pave the way for more sanctions against Moscow.
According to both of their offices, President Zelenskyy and President Joe Biden spoke on the phone on Monday and discussed Ukraine's air defense capabilities. Accusing Russia of launching brutal missile attacks, Joe Biden pledges to defend Ukraine. The assaults appeared to be meant to cause blackouts as weather cold in Ukraine's north, and they may have been much more destructive if not for defensive measures that intercepted scores of missiles.
The majority of the western city of Lviv, where the temperature was 45 degrees on Monday night, was reported without power. Prime Minister of Britain Liz Truss spoke with Zelenskyy over the phone and stated that Putin's desperation was evident in the appalling attacks on civilian areas in Kyiv and elsewhere.
In Kyiv, Ukraine, on Monday, October 10, 2022, people who have been injured by Russian shelling received medical attention. After several months of comparatively peace in the Ukrainian capital, two explosions shook Kyiv on Monday morning. By Efrem Lukatsky
In the greatest military confrontation in Europe since World War II, the Ukrainian Army has been advancing in the northeast, taking back land that had been taken by Russia previously. The combat losses have put pressure on President Vladimir Putin, who is now dealing with discontent among his staunchly nationalist supporters, widespread opposition to a military draft he has authorized, and waning Chinese support.
President Vladimir Putin has issued nuclear threats that have alarmed the West after being forced into a corner. Last week, at a fundraiser in New York, President Joe Biden warned of a danger not seen since the Cuban Missile Crisis and said that Putin is "not joking" about unleashing nuclear weapons.
President Joe Biden stated, "I don't think there's any way to deploy a tactical nuclear bomb easily without causing Armageddon." However, on Monday, Putin chose one of his more well-known strategies, even if it put the lives of defenseless civilians far from the front lines of Russia's brutal conflict in danger.
In one tall building in Kyiv, the windows were blown out. Mayor Vitali Klitschko of the city reported damage to six school structures. Some missiles flew over the heart of the city. A bomb appeared to have shaken a well-known pedestrian bridge, but the glass crossing was unharmed.
Olivia Milton, an IT professional who resides in a high-rise apartment complex in Kyiv's Dniprovsky neighborhood and who left the city following the invasion with her son but has since returned, claimed to have witnessed two rockets pass over the city and explode close to a significant energy station.
The facility kept operating, according to Milton. She added that she was unsure if her family would spend the night in a shelter, but Kyiv was on edge and many citizens brought air mattresses down to bomb shelters, according to AOL.
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