Stakes in Facebook, Groupon and other Web giants help Usmanov become Russia’s richest man

Stakes in Facebook, Groupon and other Web giants help Usmanov become Russia’s richest man

Russian oligarch Alisher Burkhanovich Usmanov is one of the richest people in the world, and according to Bloomberg now officially the richest man in his home country. A big part of what propelled the man to this status is his majority stake in Digital Sky Technologies (DST), the investment firm founded by fellow Russian entrepreneur Yuri Milner, which holds sizeable equity stakes in companies like Facebook, Groupon, Twitter, Zynga, Spotify, … [Read more...]