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| image = Alexey Kuzmichev (cropped).jpg
| image = Alexey Kuzmichev (cropped).jpg
| caption = Kuzmichev in 2015
| caption = Kuzmichev in 2015
| native_name = Алексей Кузьмичёв
| native_name_lang = ru
| birth_place = [[Kirov, Kirov Oblast|Kirov]], [[Russian SFSR]], [[Soviet Union]]
| birth_place = [[Kirov, Kirov Oblast|Kirov]], [[Russian SFSR]], [[Soviet Union]]
| birth_date = {{Birth date and age|df=yes|1962|10|15}}
| birth_date = {{Birth date and age|df=yes|1962|10|15}}
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'''Alexey Viktorovich Kuzmichev''' or '''Kousmichoff''' (Russian: ''Алексей Викторович Кузьмичёв'') is a Russian businessman. He is one of the founders of the [[LetterOne|LetterOne Group]] (LetterOne) and the [[Alfa Group]].<ref>{{cite web |title=Supervisory Board |url=http://www.alfagroup.org/about-us/supervisory-board/member/alexey-kousmichoff/ |website=Alfa Group |access-date=19 January 2016 |archive-date=12 August 2019 |archive-url=https://web.archive.org/web/20190812172426/http://www.alfagroup.org/about-us/supervisory-board/member/alexey-kousmichoff/ |url-status=dead }}</ref>
'''Alexey Viktorovich Kuzmichev''' or '''Kousmichoff''' (Russian: ''Алексей Викторович Кузьмичёв;'' born 15 October 1962) is a Russian businessman. He is one of the founders of the [[LetterOne|LetterOne Group]] (LetterOne) and the [[Alfa Group]].<ref>{{cite web |title=Supervisory Board |url=http://www.alfagroup.org/about-us/supervisory-board/member/alexey-kousmichoff/ |website=Alfa Group |access-date=19 January 2016 |archive-date=12 August 2019 |archive-url=https://web.archive.org/web/20190812172426/http://www.alfagroup.org/about-us/supervisory-board/member/alexey-kousmichoff/ |url-status=dead }}</ref>


Kuzmichev was a stakeholder in [[VimpelCom Ltd.|VimpelCom]], [[Alfa-Bank]], and [[X5 Retail Group]].<ref name="autogenerated1">{{cite web|url=http://www.x5.ru/en/ |title=X5 Retail Group |publisher=X5.ru |date=2014-08-14 |accessdate=2015-09-26}}</ref> In March 2013, Kuzmichev sold his stake in energy venture [[TNK-BP]] to state-run oil company [[Rosneft]] for $2.5 billion. Forbes magazine rated Kuzmichev as the 138th world's richest person in 2013 with a fortune estimated at $8.8 billion.<ref>{{cite web|url=https://www.forbes.com/profile/alexei-kuzmichev/ |title=Alexei Kuzmichev |work=Forbes |accessdate=2015-09-26}}</ref> In March 2023, Kuzmichev sold his 16.32% stake in Alfa Bank and left the shareholders.<ref>{{Cite web|url=https://www.rbc.ru/finances/15/03/2022/6230a9149a7947fd97df49ec|title=Альфа-банк изменил состав акционеров|language=ru|date=2023-03-15|website=[[RBK Group|RBC]]}}</ref>
Kuzmichev was a stakeholder in [[VimpelCom Ltd.|VimpelCom]], [[Alfa-Bank]], and [[X5 Retail Group]].<ref name="autogenerated1">{{cite web|url=http://www.x5.ru/en/ |title=X5 Retail Group |publisher=X5.ru |date=2014-08-14 |accessdate=2015-09-26}}</ref> In March 2013, Kuzmichev sold his stake in energy venture [[TNK-BP]] to state-run oil company [[Rosneft]] for $2.5 billion. In March 2023, Kuzmichev sold his 16.32% stake in Alfa Bank and left the shareholders.<ref>{{Cite web|url=https://www.rbc.ru/finances/15/03/2022/6230a9149a7947fd97df49ec|title=Альфа-банк изменил состав акционеров|language=ru|date=2023-03-15|website=[[RBK Group|RBC]]}}</ref>

For the first time [[Forbes]] magazine rated Kuzmichev in 2013 — as the 138th world's richest person with a fortune estimated at $8.8 billion. In 2023 he was ranked number 397 with a $6.5 billion fortune.<ref>{{cite web|url=https://www.forbes.com/profile/alexei-kuzmichev/ |title=Alexei Kuzmichev |work=Forbes |accessdate=2015-09-26}}</ref>


==Early life and career==
==Early life and career==
Kuzmichev was born in 1962 in [[Kirov, Kirov Oblast|Kirov]], Russia. Between 1980 and 1982 he served in the army on the Soviet-Chinese border as a radio operator. During this time he joined the Communist party.{{citation needed|date=March 2022}}
Kuzmichev was born in 1962 in [[Kirov, Kirov Oblast|Kirov]], Russia. Between 1980 and 1982 he served in the army on the Soviet-Chinese border as a radio operator. During this time he joined the Communist party.<ref>{{cite web |last1=Gould |first1=Jennifer |title=Hack into this Russian billionaire’s former $44M home |url=https://nypost.com/2016/09/14/hack-into-this-russian-billionaires-former-44m-home/ |website=The New York Post |access-date=24 June 2024}}</ref>


In 1983, he enrolled in the [[Moscow Institute of Steel and Alloys]] where he met his future business partners, [[Mikhail Fridman]] and [[German Khan]]. In 1988 Kuzmichev, Fridman and Khan, along with Mikhail Alfimov, founded Alfa Photo, which specialized in the import of photo chemicals.{{citation needed|date=March 2022}}
In 1983, he enrolled in the [[Moscow Institute of Steel and Alloys]] where he met his future business partners, [[Mikhail Fridman]] and [[German Khan]].<ref>{{cite web |last1=Chazan |first1=Guy |title=Lunch with the FT: Mikhail Fridman |url=https://www.ft.com/content/9527e2be-f5b5-11e5-96db-fc683b5e52db |website=Financial Times |access-date=24 June 2024}}</ref> In 1988, Kuzmichev, Fridman and Khan, along with Mikhail Alfimov, founded Alfa Photo, which specialized in the import of photo chemicals.<ref>{{cite web |title=Alexey Kuzmichev net worth — Sunday Times Rich List 2022 |url=https://www.thetimes.com/article/alexey-kuzmichev-net-worth-sunday-times-rich-list-5jw9fvv57 |website=The Times |access-date=24 June 2024}}</ref>


Later, Kuzmichev convinced his partners to diversify into the export business. Thus in 1998 Alfa Eco was founded. This venture would become the basis of [[Alfa Group|Alfa Group Consortium]]. (In 2005, Alfa Eco was rebranded as A1).{{citation needed|date=March 2022}}
Later, Kuzmichev convinced his partners to diversify into the export business. Thus, in 1998, Alfa Eco was founded. The venture would become the basis of [[Alfa Group|Alfa Group Consortium]]. (In 2005, Alfa Eco was rebranded as A1).<ref>{{cite web |title=Khan to Head Alfa Group's Investment Arm |url=https://www.themoscowtimes.com/2013/06/03/khan-to-head-alfa-groups-investment-arm-a24630 |website=The Moscow Times |access-date=24 June 2024}}</ref>


==Alfa Group==
==Alfa Group==
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==LetterOne Group==
==LetterOne Group==
Kuzmichev is one of the original founders of the [[LetterOne|LetterOne Group]]. The LetterOne Group (LetterOne) is an international investment business based in [[Luxembourg]]. Its investments are focused on the telecoms, technology and energy sectors through its two main business units, [[L1 Energy]] and L1 Technology.<ref>{{cite web|title=Alexey Kuzmichev|url=http://www.letterone.com/about-us/leadership-and-governance/board-members/alexey-kuzmichev|access-date=21 December 2015|archive-url=https://web.archive.org/web/20180318101856/http://www.letterone.com/about-us/leadership-and-governance/board-members/alexey-kuzmichev|archive-date=18 March 2018|url-status=dead}}</ref>
Kuzmichev is one of the original founders of the [[LetterOne|LetterOne Group]]. The LetterOne Group (LetterOne) is an international investment business based in [[Luxembourg]]. Its investments are focused on the telecoms, technology and energy sectors through its two main business units, [[L1 Energy]] and L1 Technology.<ref>{{cite web|title=Alexey Kuzmichev|url=http://www.letterone.com/about-us/leadership-and-governance/board-members/alexey-kuzmichev|access-date=21 December 2015|archive-url=https://web.archive.org/web/20180318101856/http://www.letterone.com/about-us/leadership-and-governance/board-members/alexey-kuzmichev|archive-date=18 March 2018|url-status=dead}}</ref>
Despite recently being required by the Government to sell their North Sea oil and gas fields, LetterOne have reportedly been told in a letter from a senior UK official that this 'is not a judgement on the suitability of LetterOne's owners to control these or any other assets in the UK.<ref>{{cite web|title=Ineos targets further North Sea assets in wake of $750m deal|url=http://www.ft.com/cms/s/2d178112-7008-11e5-9b9e-690fdae72044,Authorised=false.html?_i_location=https%3A%2F%2Ffanyv88.com%3A443%2Fhttp%2Fwww.ft.com%2Fcms%2Fs%2F0%2F2d178112-7008-11e5-9b9e-690fdae72044.html&_i_referer=&classification=conditional_standard&iab=barrier-app#axzz3uxC5UJg2|work=Financial Times}}</ref>
Despite recently being required by the Government to sell their North Sea oil and gas fields, LetterOne have reportedly been told in a statement from a senior UK official that this 'is not a judgement on the suitability of LetterOne's owners to control these or any other assets in the UK.<ref>{{cite web|title=Ineos targets further North Sea assets in wake of $750m deal|url=http://www.ft.com/cms/s/2d178112-7008-11e5-9b9e-690fdae72044,Authorised=false.html?_i_location=https%3A%2F%2Ffanyv88.com%3A443%2Fhttp%2Fwww.ft.com%2Fcms%2Fs%2F0%2F2d178112-7008-11e5-9b9e-690fdae72044.html&_i_referer=&classification=conditional_standard&iab=barrier-app#axzz3uxC5UJg2|work=Financial Times}}</ref>


Kuzmichev is married to Svetlana Kuzmicheva-Uspenskaya.<ref>{{cite web |title=Leadership |url=http://www.projectperpetual.org/project/leadership |url-status=dead |archive-url=https://web.archive.org/web/20151208124830/http://www.projectperpetual.org/project/leadership |archive-date=8 December 2015 |access-date=4 December 2015 |website=Project Perpetual}}</ref> In 2016, he bought a $42 million mansion in New York City.<ref>{{Cite news |last=Chaffin |first=Joshua |date=2022-03-19 |title=Wealthy Russian property owners leave Manhattan with a whisper |work=Financial Times |url=https://www.ft.com/content/472866f8-0853-40c5-a1d0-b2db0d1ece81 |access-date=2022-03-19}}</ref>
Kuzmichev is married to Svetlana Kuzmicheva-Uspenskaya.<ref>{{cite web |title=Leadership |url=http://www.projectperpetual.org/project/leadership |url-status=dead |archive-url=https://web.archive.org/web/20151208124830/http://www.projectperpetual.org/project/leadership |archive-date=8 December 2015 |access-date=4 December 2015 |website=Project Perpetual}}</ref> In 2016, he bought a US$42 million mansion in New York City.<ref>{{Cite news |last=Chaffin |first=Joshua |date=2022-03-19 |title=Wealthy Russian property owners leave Manhattan with a whisper |work=Financial Times |url=https://www.ft.com/content/472866f8-0853-40c5-a1d0-b2db0d1ece81 |access-date=2022-03-19}}</ref>


=== Sanctions ===
=== Sanctions ===
Sanctioned by the [[UK]] government in 2022 in relation to [[Russo-Ukrainian War]]. <ref>{{cite web |title=CONSOLIDATED LIST OF FINANCIAL SANCTIONS TARGETS IN THE UK |url=https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1150217/Russia.pdf |access-date=16 April 2023}}</ref>
Sanctioned by the European Union, Australia, Canada and the [[UK]] government in 2022 in relation to [[Russo-Ukrainian War]].<ref>{{cite web |title=CONSOLIDATED LIST OF FINANCIAL SANCTIONS TARGETS IN THE UK |url=https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1150217/Russia.pdf |access-date=16 April 2023}}</ref> In August 2023, [[United States]] imposed financial sanctions on Kuzmichev pursuant to Executive Order 14024, placing him on [[Office of Foreign Assets Control|OFAC]]'s [[Specially Designated Nationals and Blocked Persons List|SDN List]] for "operating or having operated in the financial services sector of the Russian Federation economy."<ref>{{Cite web |date=11 August 2023 |title=Treasury Imposes Sanctions on Russian Elites and a Russian Business Association |url=https://home.treasury.gov/news/press-releases/jy1690 |website=treasury.gov}}</ref><ref>{{Cite web |date=August 11, 2023 |title=US government sanctions Russians on the board of Alfa Group in response to war in Ukraine |url=https://apnews.com/article/ukraine-russia-sanctions-alfa-2f2b5b310edb095ee83c1afb9c8008b6 |website=ASSOCIATED PRESS}}</ref><ref>{{Cite web |title=Sanctions List Search - Alexey Viktorovich KUZMICHEV |url=https://sanctionssearch.ofac.treas.gov/Details.aspx?id=44295 |website=sanctionssearch.ofac.treas.gov}}</ref>


Two of Kuzmichev's yachts have been seized by France due the sanctions against Russians billionaires after the invasion of Ukraine by Russia.<ref>{{Cite web |last=Bouaziz |first=Franck |title=Deux nouveaux yachts appartenant à un oligarque russe immobilisés dans les Alpes-Maritimes |url=https://www.liberation.fr/economie/deux-nouveaux-yachts-appartenant-a-un-oligarque-russe-immobilises-dans-les-alpes-maritimes-20220322_CGGX3MJWYBAW3DIR7IMOUX2N34/ |access-date=2022-08-21 |website=Libération |language=fr}}</ref>
Two of Kuzmichev's yachts have been seized by France due the sanctions against Russian billionaires after the invasion of Ukraine by Russia but were returned on appeal.<ref>{{Cite web |last=Bouaziz |first=Franck |title=Deux nouveaux yachts appartenant à un oligarque russe immobilisés dans les Alpes-Maritimes |url=https://www.liberation.fr/economie/deux-nouveaux-yachts-appartenant-a-un-oligarque-russe-immobilises-dans-les-alpes-maritimes-20220322_CGGX3MJWYBAW3DIR7IMOUX2N34/ |access-date=2022-08-21 |website=Libération |language=fr}}</ref>


== Arrest ==
== Arrest ==
On October 30, 2023, French police detained Kuzmichev and also conducted searches in the businessman’s Parisian mansion and his villa in [[Saint-Tropez]]. During the searches, wads of cash were found. Kuzmichev is suspected of tax crimes and violation of sanctions.<ref>{{Cite web|url=https://www.lemonde.fr/les-decodeurs/article/2023/10/30/l-oligarque-russe-alexei-kouzmitchev-place-en-garde-a-vue-par-la-justice-francaise-dans-une-affaire-de-blanchiment_6197379_4355770.html|title=L’oligarque russe Alexeï Kouzmitchev placé en garde à vue par la justice française dans une affaire de blanchiment|language=fr|date=2023-10-30|website=[[Le Monde]]}}</ref>
On October 30, 2023, French police detained Kuzmichev and also conducted searches in the businessman’s Parisian mansion and his villa in [[Saint-Tropez]]. He was released from custody on bail of €8 million the same day. Kuzmichev is suspected of tax crimes and violation of sanctions.<ref>{{Cite web|url=https://www.lemonde.fr/les-decodeurs/article/2023/10/30/l-oligarque-russe-alexei-kouzmitchev-place-en-garde-a-vue-par-la-justice-francaise-dans-une-affaire-de-blanchiment_6197379_4355770.html|title=L’oligarque russe Alexeï Kouzmitchev placé en garde à vue par la justice française dans une affaire de blanchiment|language=fr|date=2023-10-30|website=[[Le Monde]]}}</ref><ref>{{Cite web |last=Hart |first=Robert |title=Russian Billionaire Alexei Kuzmichev Detained By French Police In Tax And Sanctions Probe |url=https://www.forbes.com/sites/roberthart/2023/10/31/russian-billionaire-alexei-kuzmichev-detained-by-french-police-in-tax-and-sanctions-probe/ |access-date=2024-01-30 |website=Forbes |language=en}}</ref><ref>{{Cite web |title=Businessman Kuzmichev charged with money laundering, French prosecutors say |url=https://tass.com/emergencies/1700539 |access-date=2024-01-30 |website=TASS}}</ref><ref>{{Cite web |date=2023-11-01 |title=Russian oligarch Kuzmichev accused of tax fraud in France |url=https://news.yahoo.com/russian-oligarch-kuzmichev-accused-tax-204805586.html |access-date=2024-01-30 |website=Yahoo News |language=en-US}}</ref>

In November 2023, the French National Financial Prosecutor's Office (PNF) announced charges against Kuzmichev for tax fraud.<ref>{{cite web |title=France Charges Russian Billionaire Kuzmichev With Tax Fraud |url=https://www.themoscowtimes.com/2023/11/02/us-charges-3-more-russians-over-sanctions-evasion-a82969 |website=The Moscow Times |access-date=27 May 2024}}</ref> He was subsequently "placed under judicial supervision" and banned from leaving the country.<ref>{{cite web |title=Russian Oligarch Charged In France With Tax Fraud: Prosecutor |url=https://www.barrons.com/news/russian-oligarch-charged-in-france-with-tax-fraud-prosecutor-1a7a1835 |website=Barron's|access-date=27 May 2024}}</ref>


==See also==
==See also==
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==External links==
==External links==
*[http://www.alfagroup.org Alfa-Group Global] {{Webarchive|url=https://web.archive.org/web/20070607112841/http://www.alfagroup.org/ |date=7 June 2007 }}
*[http://www.alfagroup.org Alfa-Group Global] {{Webarchive|url=https://web.archive.org/web/20070607112841/http://www.alfagroup.org/ |date=7 June 2007 }}
⚫
*[https://thehill.com/opinion/judiciary/3496659-how-the-sussmann-trial-revealed-hillary-clintons-role-in-the-alfa-bank-scandal/ How the Sussmann trial revealed Hillary Clinton’s role in the Alfa Bank scandal]


{{Privatization in Russia}}
{{Privatization in Russia}}
{{Portal bar|Russia|Business|Biography}}

{{Authority control}}
⚫
* https://thehill.com/opinion/judiciary/3496659-how-the-sussmann-trial-revealed-hillary-clintons-role-in-the-alfa-bank-scandal/

{{DEFAULTSORT:Kuzmichev, Alexey}}
{{DEFAULTSORT:Kuzmichev, Alexey}}
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[[Category:Russian individuals subject to European Union sanctions]]
[[Category:Russian individuals subject to European Union sanctions]]
[[Category:Russian businesspeople in Cyprus]]
[[Category:Russian businesspeople in Cyprus]]
[[Category:Russian activists against the Russian invasion of Ukraine]]
[[Category:Russian individuals subject to United Kingdom sanctions]]
[[Category:Russian individuals subject to United Kingdom sanctions]]

Revision as of 13:11, 24 June 2024

Alexey Kuzmichev
Алексей Кузьмичёв
Kuzmichev in 2015
Born (1962-10-15) 15 October 1962 (age 61)
Kirov, Russian SFSR, Soviet Union
OccupationBusinessman
SpouseSvetlana Kuzmicheva-Uspenskaya

Alexey Viktorovich Kuzmichev or Kousmichoff (Russian: Алексей Викторович Кузьмичёв; born 15 October 1962) is a Russian businessman. He is one of the founders of the LetterOne Group (LetterOne) and the Alfa Group.[1]

Kuzmichev was a stakeholder in VimpelCom, Alfa-Bank, and X5 Retail Group.[2] In March 2013, Kuzmichev sold his stake in energy venture TNK-BP to state-run oil company Rosneft for $2.5 billion. In March 2023, Kuzmichev sold his 16.32% stake in Alfa Bank and left the shareholders.[3]

For the first time Forbes magazine rated Kuzmichev in 2013 — as the 138th world's richest person with a fortune estimated at $8.8 billion. In 2023 he was ranked number 397 with a $6.5 billion fortune.[4]

Early life and career

Kuzmichev was born in 1962 in Kirov, Russia. Between 1980 and 1982 he served in the army on the Soviet-Chinese border as a radio operator. During this time he joined the Communist party.[5]

In 1983, he enrolled in the Moscow Institute of Steel and Alloys where he met his future business partners, Mikhail Fridman and German Khan.[6] In 1988, Kuzmichev, Fridman and Khan, along with Mikhail Alfimov, founded Alfa Photo, which specialized in the import of photo chemicals.[7]

Later, Kuzmichev convinced his partners to diversify into the export business. Thus, in 1998, Alfa Eco was founded. The venture would become the basis of Alfa Group Consortium. (In 2005, Alfa Eco was rebranded as A1).[8]

Alfa Group

Alfa Group's portfolio includes the largest commercial bank in Russia, Alfa-Bank, (with affiliates in Ukraine, Kazakhstan, Belarus and the Netherlands/Amsterdam Trade Bank); international telecom company VimpelCom (the sixth largest mobile network operator in the world by subscribers as of April, 2012); as well as holding shares in Turkish telecommunications company Turkcell. Until April 2012, Alfa Group owned 25 percent of Russian cell phone operator MegaFon; it sold its share for $5.2 billion. Alfa also has stakes in Russian retailer X5 Retail Group,[2] Rosvodokanal Group; and insurance company, Alfa-Strakhovanie Group.[9] Kuzmichev owns over 18 percent of the consortium's joint assets and is a member of the board of directors of Alfa Finance Holdings. The Group's major transactions include TNK oil company privatization, which later became a part of TNK-BP venture, Russia's third-largest oil producer. In March 2013 Alfa Group and its joint partners AAR Consortium sold 50 percent of TNK-BP to Russian oil company Rosneft.[citation needed]

Kuzmichev is responsible for overseeing Alfa Group’s international trading operations.[citation needed]

Sinking of The Prestige

Crown Resources, a European oil and commodity trading arm of Alfa Group, of which Kuzmichev is chairman, was the owner of the oil cargo on The Prestige vessel, which sank near the coast of Galicia, Spain in 2002. The case concerning The Prestige centred on the negligence of the vessel's owner and was completed in July 2013. No accusations or financial claims were brought against Crown Resources.[10]

LetterOne Group

Kuzmichev is one of the original founders of the LetterOne Group. The LetterOne Group (LetterOne) is an international investment business based in Luxembourg. Its investments are focused on the telecoms, technology and energy sectors through its two main business units, L1 Energy and L1 Technology.[11] Despite recently being required by the Government to sell their North Sea oil and gas fields, LetterOne have reportedly been told in a statement from a senior UK official that this 'is not a judgement on the suitability of LetterOne's owners to control these or any other assets in the UK.[12]

Kuzmichev is married to Svetlana Kuzmicheva-Uspenskaya.[13] In 2016, he bought a US$42 million mansion in New York City.[14]

Sanctions

Sanctioned by the European Union, Australia, Canada and the UK government in 2022 in relation to Russo-Ukrainian War.[15] In August 2023, United States imposed financial sanctions on Kuzmichev pursuant to Executive Order 14024, placing him on OFAC's SDN List for "operating or having operated in the financial services sector of the Russian Federation economy."[16][17][18]

Two of Kuzmichev's yachts have been seized by France due the sanctions against Russian billionaires after the invasion of Ukraine by Russia but were returned on appeal.[19]

Arrest

On October 30, 2023, French police detained Kuzmichev and also conducted searches in the businessman’s Parisian mansion and his villa in Saint-Tropez. He was released from custody on bail of €8 million the same day. Kuzmichev is suspected of tax crimes and violation of sanctions.[20][21][22][23]

In November 2023, the French National Financial Prosecutor's Office (PNF) announced charges against Kuzmichev for tax fraud.[24] He was subsequently "placed under judicial supervision" and banned from leaving the country.[25]

See also

References

  1. ^ "Supervisory Board". Alfa Group. Archived from the original on 12 August 2019. Retrieved 19 January 2016.
  2. ^ a b "X5 Retail Group". X5.ru. 14 August 2014. Retrieved 26 September 2015.
  3. ^ "Альфа-банк изменил состав акционеров". RBC (in Russian). 15 March 2023.
  4. ^ "Alexei Kuzmichev". Forbes. Retrieved 26 September 2015.
  5. ^ Gould, Jennifer. "Hack into this Russian billionaire's former $44M home". The New York Post. Retrieved 24 June 2024.
  6. ^ Chazan, Guy. "Lunch with the FT: Mikhail Fridman". Financial Times. Retrieved 24 June 2024.
  7. ^ "Alexey Kuzmichev net worth — Sunday Times Rich List 2022". The Times. Retrieved 24 June 2024.
  8. ^ "Khan to Head Alfa Group's Investment Arm". The Moscow Times. Retrieved 24 June 2024.
  9. ^ "About company". Alfastrah.ru. Retrieved 26 September 2015.
  10. ^ Govan, Fiona. "Prestige oil tanker sinking: Spanish court finds nobody responsible". The Telegraph. Retrieved 26 September 2015.
  11. ^ "Alexey Kuzmichev". Archived from the original on 18 March 2018. Retrieved 21 December 2015.
  12. ^ "Ineos targets further North Sea assets in wake of $750m deal". Financial Times.
  13. ^ "Leadership". Project Perpetual. Archived from the original on 8 December 2015. Retrieved 4 December 2015.
  14. ^ Chaffin, Joshua (19 March 2022). "Wealthy Russian property owners leave Manhattan with a whisper". Financial Times. Retrieved 19 March 2022.
  15. ^ "CONSOLIDATED LIST OF FINANCIAL SANCTIONS TARGETS IN THE UK" (PDF). Retrieved 16 April 2023.
  16. ^ "Treasury Imposes Sanctions on Russian Elites and a Russian Business Association". treasury.gov. 11 August 2023.
  17. ^ "US government sanctions Russians on the board of Alfa Group in response to war in Ukraine". ASSOCIATED PRESS. 11 August 2023.
  18. ^ "Sanctions List Search - Alexey Viktorovich KUZMICHEV". sanctionssearch.ofac.treas.gov.
  19. ^ Bouaziz, Franck. "Deux nouveaux yachts appartenant à un oligarque russe immobilisés dans les Alpes-Maritimes". Libération (in French). Retrieved 21 August 2022.
  20. ^ "L'oligarque russe Alexeï Kouzmitchev placé en garde à vue par la justice française dans une affaire de blanchiment". Le Monde (in French). 30 October 2023.
  21. ^ Hart, Robert. "Russian Billionaire Alexei Kuzmichev Detained By French Police In Tax And Sanctions Probe". Forbes. Retrieved 30 January 2024.
  22. ^ "Businessman Kuzmichev charged with money laundering, French prosecutors say". TASS. Retrieved 30 January 2024.
  23. ^ "Russian oligarch Kuzmichev accused of tax fraud in France". Yahoo News. 1 November 2023. Retrieved 30 January 2024.
  24. ^ "France Charges Russian Billionaire Kuzmichev With Tax Fraud". The Moscow Times. Retrieved 27 May 2024.
  25. ^ "Russian Oligarch Charged In France With Tax Fraud: Prosecutor". Barron's. Retrieved 27 May 2024.
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