this post was submitted on 07 Jul 2025
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Vladimir Putin’s government has launched an aggressive campaign to nationalize the assets of Konstantin Strukov, one of Russia’s richest men and the owner of the country’s largest gold mining company. The move marks a sharp escalation in the Kremlin’s efforts to extract wealth from within its own elite as the financial toll of the war in Ukraine deepens.

Strukov, whose fortune is estimated at over $3.5 billion, is the founder of Yuzhuralzoloto—a gold empire built over decades with strong ties to the Kremlin. But on July 5, his private jet was grounded by Russian authorities as it prepared to leave for Turkey. His passport was reportedly seized, and the aircraft barred from departing.

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[–] iAvicenna@lemmy.world 20 points 5 hours ago (1 children)

That's what you get for siding with fascists. People will never learn.

[–] IndustryStandard@lemmy.world 10 points 5 hours ago

The billionaires?

Just like Ancient Rome. The dictator needs cash so he murders the rich people who aren’t his friends and takes their money

[–] gandalf_der_12te@discuss.tchncs.de 10 points 6 hours ago (1 children)

tax the rich! (slight /s)

what i'm wondering is:

who exactly wanted this war? i.e., i guess it was not a single-person decision. probably a number of oligarchs are behind it because they think they can profit from either the conflict or the outcome of it.

everybody knows that wars are hella expensive. i guess most wars are decided by economic factors, i.e. who can stay solvent longer. what did the oligarchs think would happen to their wealth due to the war?

[–] ZombiFrancis@sh.itjust.works 1 points 2 hours ago

Putin's power draws from his adversaries and foreign policy. He is very weak domestically, mostly at the behest of the oligarchs that run the entire domestic policy show.

Putin muscling around internally usually has to do with the oligarch's stance on foreign policy or the other oligarchs are wanting to eat one of their own.

[–] skozzii@lemmy.ca 7 points 7 hours ago (1 children)

The Putin giveth and the Putin taketh away.

[–] aphonefriend@lemmy.dbzer0.com 2 points 4 hours ago

Minus the giveth part.

[–] aceshigh@lemmy.world 1 points 4 hours ago

Let’s make a bingo card out of it. What are our options?

[–] arc99@lemmy.world 42 points 13 hours ago (2 children)

Soon these oligarchs won't even own a window to jump out of

[–] KMAMURI@lemmy.world 2 points 5 hours ago

Tea is cheap.

[–] Tja@programming.dev 5 points 8 hours ago (1 children)

The government will provide one, they are generous like that.

[–] Blackmist@feddit.uk 2 points 7 hours ago

Our window.

[–] doo@sh.itjust.works 30 points 15 hours ago

What a great way to show the inefficiency of sanctions! /s

[–] finitebanjo@lemmy.world 33 points 18 hours ago (1 children)

And let this be a lesson to US Billionaires.

[–] Tryenjer@lemmy.world 12 points 11 hours ago* (last edited 4 hours ago) (1 children)

If most of them are as smart and lucid as Musk, they won't learn anything.

US billionaires think they can control Trump, and that's very likely true. The worst is yet to come for these rich guys when someone who can truly reverse the power dynamics and thus rule them with an iron fist, as well as the common people, takes the throne.

[–] finitebanjo@lemmy.world 12 points 9 hours ago* (last edited 9 hours ago) (1 children)

Trump cannot be controlled, everything is purely transactional with him. The moment he gains more from taking businesses by force, thats what he will do.

Trust and deals have no meaning to him. This is a theif without honor.

[–] JcbAzPx@lemmy.world 3 points 4 hours ago (1 children)

He can be controlled for as long as you have access. He bends to the will of the nearest person like a weed blowing in the wind.

[–] finitebanjo@lemmy.world 1 points 3 hours ago

We should treat him like the threat that he is,an absolute unchecked tyrant.

[–] oppy1984@lemdro.id 38 points 19 hours ago* (last edited 16 hours ago) (2 children)

Somebody didn't watch Rules for Rulers, keep your elite happy or they'll come together and turn on you.

Fingers crossed.

[–] thatKamGuy@sh.itjust.works 21 points 14 hours ago (1 children)

You remember those old “In Soviet Russia” backwards jokes? It’s like that, but unironically.

Putin has consolidated power to the point that he doesn’t serve at the behest of Russian billionaires; they only exist due to his whims - and they can cease to exist just as quickly.

‘Blowout’ by Rachel Maddow touches on this, it’s an interesting read/listen.

[–] Nighed@feddit.uk 4 points 8 hours ago (1 children)

They are refering to a YouTube video I think.

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