Entrepreneur Alexey Sagal has had presumably essentially the most profitable 12 months and a half of his profession, along with his Arnest Group changing into one of many high beneficiaries of the exodus of worldwide companies from Russia following President Vladimir Putin’s invasion of Ukraine.
Arnest’s newly acquired belongings are value about $1 billion, in line with a Bloomberg Billionaires Index estimate. Whereas the flurry of deal-making hasn’t but made Sagal, 56, a billionaire, it has rocketed his group into the higher echelons of the Russian enterprise world.
