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Billionaire investor Yuri Milner relinquishes Russian citizenship

Yuri Milner is the founder of internet investment firm DST Global, and made a fortune by betting on Chinese tech companies like e-commerce platforms Alibaba and JD.com.

October 11, 2022 / 11:04 IST
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Israeli-Russian billionaire Yuri Milner said on Monday he has renounced his Russian citizenship after leaving the country in 2014.

Milner is the founder of internet investment firm DST Global, and made a fortune by betting on Chinese tech companies like e-commerce platforms Alibaba and JD.com.

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"My family and I left Russia for good in 2014, after the Russian annexation of Crimea," Milner said in a tweet. "And this summer, we officially completed the process of renouncing our Russian citizenship."

Milner has been an Israeli citizen since 1999 and has not visited Russia since 2014, according to a fact sheet on DST Global's website.