Article 5WNFX Alexei Mordashov: Russia’s richest man is now an EU sanctions target

Alexei Mordashov: Russia’s richest man is now an EU sanctions target

by
Joanna Partridge
from World news | The Guardian on (#5WNFX)

Oligarch has investments ranging from London-listed travel giant Tui to the personal bank' of senior Russian officials

He is the Russian oligarch who stepped in to keep travel firm Tui afloat, pumping in cash as international tourism came to a standstill during the pandemic.

However, Alexei Mordashov - who owns a third of Europe's biggest tour operator and is its largest single shareholder - may be becoming something of a liability for Tui, whose shares are listed in London, after the EU added him to its sanctions list on Monday night.

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