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Russian billionaire renounces citizenship

– I have decided to renounce my Russian citizenship. I can’t and don’t want to be associated with a fascist country that has started a war with its peaceful neighbor and kills innocent people every day, Tinkov says in a statement on Instagram.

He shared a photo of a document confirming that his Russian citizenship will no longer be valid.

– I hope that several prominent Russian businessmen will follow my example, so that President Vladimir Putin’s regime and economy are weakened and ultimately send him to defeat, Tinkov wrote again.

Tinkov was previously very critical of the Russian war in Ukraine and said he was forced to sell his stake in Tinkoff Bank, which he once founded, due to criticism. He claims that many he knows in the Russian elite agree with him, but are afraid to say what they think.

Tinkov has Cypriot citizenship.

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