ladbible homepage
ladbible homepage
  • Home
  • News
    • UK
    • US
    • World
    • Ireland
    • Australia
    • Science
    • Crime
    • Weather
  • Entertainment
    • Celebrity
    • TV
    • Film
    • Music
    • Gaming
    • Netflix
    • Disney
  • Sport
  • Technology
  • Travel
  • Lifestyle
  • Money
  • Originals
    • FFS PRODUCTIONS
    • Say Maaate to a Mate
    • Daily Ladness
    • UOKM8?
    • FreeToBe
    • Citizen Reef
  • Videos
  • Advertise
  • Terms
  • Privacy & Cookies
  • License Our Content
  • About Us & Contact
  • Jobs
  • Latest
  • Archive
  • Topics A-Z
  • Authors
Facebook
Instagram
X
Threads
Snapchat
TikTok
YouTube
Submit Your Content Here
  • GAMINGbible
  • LADbible Group
  • UNILAD
  • SPORTbible
  • Tyla
  • FOODbible
  • UNILAD Tech
Russian Oligarch Worth $13 Billion Now Can’t Pay His Cleaner Because Of Western Sanctions
Home>News
Updated 21:07 17 Mar 2022 GMTPublished 21:04 17 Mar 2022 GMT

Russian Oligarch Worth $13 Billion Now Can’t Pay His Cleaner Because Of Western Sanctions

'I don't know how to live', Russian billionaire Mikhail Fridman said.

Rachel Lang

Rachel Lang

google discoverFollow us on Google Discover

A Russian oligarch has had a massive whinge because he now has to clean his own home.

Mikhail Fridman said he doesn't 'know how to live' after his wealth was stripped by Western sanctions.

The Russian businessman currently lives in the UK and has a net worth of £7.7billion ($AUD 13.7 billion).

While shells rain down on the people in Ukraine, Fridman has told Bloomberg of his suffering after copping sanctions from the European Union on February 28 and the UK on March 15.

"We sincerely believed we are such good friends of the Western world that we couldn't be punished," he said.

Advert

The 57-year-old banking magnate co-founded London investment firm LetterOne and is a former board member of Russia's Alfa-Bank.

He has previously complained about the EU sanctions, calling them 'groundless and unfair'.

But in his interview with Bloomberg, he explained how he never thought this would happen to him as he believed his relationship with the West was strong enough to dodge such sanctions.

"I don't know how to live," he said. "I may have to clean the house myself."

Advert

Fridman did at least concede that cleaning his own home was 'normal' behaviour.

"When I was a student, I lived in a small room in a dormitory with four men. But after 35 years, it’s unexpected," the banking magnate said.

The oligarch claims he currently has an allowance of £2,500 (AUD$4456) per month. He also has to apply for a special license to spend money.

Bloomberg reports that the banking oligarch's wealth has dropped significantly after the Ukrainian invasion began, plummeting by £3.4 billion (AUD$6 billion).

Advert

He hit out at the sanctions, claiming he doesn't have power over Putin or the Kremlin's decisions.

"I’ve never been in any state company or state position," he said.

"If the people who are in charge in the EU believe that because of sanctions, I could approach Mr Putin and tell him to stop the war, and it will work, then I’m afraid we’re all in big trouble.

"That means those who are making this decision understand nothing about how Russia works."

Advert

Although the banking billionaire has complained about his problems, he did admit his issues are 'nothing compared with their [the Ukrainians'] problems'.

Fridman has previously commented on the the war in Ukraine as a tragedy, but refrained from expanding citing the sensitivities of commenting on politics in Russia.

"For me that's a huge tragedy what is going on," he said. "The war should be stopped."

If you would like to donate to the Red Cross Emergency Appeal, which will help provide food, medicines and basic medical supplies, shelter and water to those in Ukraine, click here for more information.

Featured Image Credit: REUTERS/Studio Lucky/Alamy Stock Photo

Topics: Ukraine, Russia, News

Rachel Lang
Rachel Lang

Rachel Lang is a Digital Journalist at LADbible. During her career, she has interviewed Aussie PM Malcolm Turnbull in the lead up to the 2016 federal election, ran an editorial campaign on the war in Yemen, and reported on homelessness in the lead-up to Harry and Meghan’s wedding in Windsor. She also once wrote a yarn on the cheese and wine version of Fyre Festival.

X

@rlangjournalist

Recommended reads

Several people injured at Berlin Pride parade after vehicle drives into crowd RALF HIRSCHBERGER / AFP via Getty ImagesHow Caroline Flack paid tribute to 'beautiful soul' Sophie Gradon on Love Island AftersunITVSharon Stone 'sick' for whole month from marijuana withdrawal as she shares impact quitting had on herGilbert Flores/Variety via Getty ImagesOprah Winfrey explains her real name after using the ‘wrong’ one for 50 yearsMatt Winkelmeyer/Getty Images

Advert

Choose your content:

an hour ago
7 hours ago
8 hours ago
  • RALF HIRSCHBERGER / AFP via Getty Images
    an hour ago

    Several people injured at Berlin Pride parade after vehicle drives into crowd

    Police have said some of the victims have ‘life-threatening injuries’

    News
  • Kennedy News and Media
    7 hours ago

    Woman, 39, dying from incurable disease after being refused screening despite family history

    Chantelle Van Der Watt had previously received annual screenings in South Africa

    News
  • Southeastern Ohio Regional Jail
    7 hours ago

    Dad in Ohio house of horrors case where 16 'feral' children discovered makes fresh plea

    His lawyer has made the request for him before things go to trial

    News
  • MI News/NurPhoto via Getty Images
    8 hours ago

    Falkland Islands athlete slams Argentina’s 'disappointing’ World Cup banner following controversy

    Athelete Cecil Alexander shared his frustration at the Argentinian team's unfurling the banner on the pitch

    News
  • Russian Oligarch Alisher Usmanov Has Monster Yacht Seized By Germany After EU Sanctions
  • Russian Tourists Are Left Broke In Bali And Can't Withdraw Money As Sanctions Hit
  • Russian Protesters Are Now Being Arrested For Brandishing Blank Signs
  • Russian Man Shows Off His Huge McDonald's Stash After Store Closures