Revolut founder renounces Russian citizenship — RT Business News

The businessman asked the media not to call him a “Russian billionaire”

The co-founder and CEO of London-based fintech startup Revolut, Nikolay Storonsky, has renounced his Russian citizenship, Bloomberg reported on Monday.

“Nik is a British citizen. Earlier this year, he renounced his birth citizenship in Russia,” a Revolut spokesperson told the outlet. “His position on the war is public knowledge: the war is totally abhorrent and he remains committed to calling for an immediate end to the fighting.”

According to the spokesman, Storonsky’s decision came before his father, an executive in a Russian Gazprom unit, was sanctioned by Ukraine earlier this month. kyiv imposed sanctions on Storonsky’s father on October 19, barring him from entering Ukraine and freezing his assets in the country.

News of the Revolut founder’s decision was first reported by The Telegraph, which said the 38-year-old has dual British and Russian citizenship.

A billionaire renounces his Russian citizenship

Storonsky, who was born in the Moscow region town of Dolgoprudny, is at least the fourth billionaire to renounce his Russian citizenship because of the war in Ukraine. In April, he asked Forbes, who currently estimates his net worth at $7.1 billion, to stop calling him a Russian billionaire.

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