Russia’s oligarchs are beginning to move their fortunes out of Vladimir Putin’s reach, signaling that the elite surrounding the Kremlin no longer trusts the current regime. Several of Russia’s richest businessmen have shifted billions of dollars abroad during the past year, increasingly favoring cryptocurrency, gold, foreign property, and private investment funds in the Gulf. Capital outflows outside official statistics are conservatively estimated already in the tens of billions of dollars this year, while one broad central-bank measure showed an astonishing two hundred fifty billion US dollars leaving Russia during the first year of the war alone. The latest wave is driven not merely by sanctions but by fear that the Kremlin itself may seize private wealth under threat of defenestration. Since two-thousand-twenty-four, prosecutors have intensified confiscations, targeting rich Russian
Source: BREAKING: Power is collapsing! Oligarchs turn on Putin one by one, and flee from Russia!
