The Ledger / Alexei Kuzmichev
Alexei Kuzmichev
◼ Origin
Co-founded Alfa Group Consortium in 1989 alongside Mikhail Fridman and Pyotr Aven, acquiring stakes in banking (Alfa-Bank), telecommunications (VEON), and oil (TNK-BP) during Soviet-era privatization.
◼ Self-Made Verdict — DISPUTED
Alfa Group built through Soviet-era privatization alongside state connections; wealth origin tracks asset capture, not labor or innovation.
◼ Documented marks
01
Co-owns Alfa Group, controlling interests in Alfa-Bank (Russia's largest private bank), A1 investment group, and stakes in VEON (telecom) and X5 (retail).
02
Sanctioned by the EU (Council Regulation 2022/334) and UK (OFSI) in March 2022 for supporting Russian government actions undermining Ukraine's territorial integrity.
03
Resigned from Alfa Group board and relocated to Western Europe following 2022 sanctions; Luxembourg residency reported.
04
Alfa-Bank's privatization-era construction involved political connections enabling acquisition of assets at below-market prices during the 1990s.
No inheritance, or primary accounts documented for this billionaire yet.
◼ List of charges
Total sentence
0–0 years
That is
0.0–0.0 life sentences
(using 78 years as one life)
These are moral charges, not legal ones. The actual legal system has not — and will not — bring them.
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