Oleg Tinkov

researcher (ORCID 0000-0003-4702-6825)

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Oleg Tinkov loses $9 billion after denouncing war in Instagram post
business Dec 29, 2025, 1:00 AM
Oleg Tinkov loses $9 billion after denouncing war in Instagram post
  • In April 2022, Oleg Tinkov criticized the Russian invasion of Ukraine, calling it 'insane' in an Instagram post.
  • Immediately after the post, Kremlin officials threatened Tinkov with nationalization of Tinkoff Bank if he did not sell his stake.
  • Tinkov lost nearly $9 billion, selling his stake for only 3% of its true market value.
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