Czar Vladimir Putin and Russian business

Vladimir Putin and Oleg Deripaska video humiliation (1 minute), (source: advisoranalyst.com).

Watch this video, things are different in Russia. This is a meeting where President Vladimir Putin ordered billionaire Oleg Deripaska, to sign inmediatly a document.

The silence in the meeting is of enormous strain. This video can explain as how business is done in Russia and also who’s the boss. I think this is the document for reopen his Rusal factory, as I see in this second video.

Here you can see an interview with Oleg Deripaska, who is who signed the document in the previous video.

Deripaska became in 2008 the 9th richest man in the world according to Forbes with a fortune estimated at $28,000 million, but the enormous global crisis has reduced his wealth to “only” $ 3.500 million. I also found another video were Deripaska and another businessman, are trying to convince Putin.

List of russian tycoon Oleg Deripaska assets after creditors negotiation in 2009 (source: WSJ).

After 2008 crisis, Deripaska, has lost some big assets like 20% Magna stake, or german Hochtief 10% stake. He still maintain a p 53% stake in Rusal, the russian aluminum company.

Business in Russia are different. According Deal Book Blog, Russia’s Interior Ministry announced, how a russian lawyer for an international investment fund, Hermitage Capital Management, died in a pretrial detention center on Monday, nearly a year after he was arrested in an escalating feud between the Russian authorities and the company, on Tuesday.