Free Republic

His secret girlfriend has lots of secret wealth. Russian President Vladimir Putin’s longtime mistress has an estimated net worth of $100 million in “shadow wealth,” including swanky apartments and a yacht, despite her modest background, a trove of newly leaked documents reveal. Svetlana Krivonogikh, 46, has been romantically linked with the Russian strongman since he was still deputy mayor of her hometown of St. Petersburg, and reportedly has a daughter with him. But Krivonogikh — who grew up in a communal apartment — and other Putin cronies have been enriched through shell companies in the Virgin Islands and elsewhere, the...

The hedge fund founded and, until recently, run by billionaire environmentalist Tom Steyer was involved in a deal to sell a stake in a Russian oil company to a Russian oligarch who is the target of U.S. sanctions. Farallon Capital Management sold a part of its stake in Russian firm Geotech Oil Services to the Volga Group, a Luxembourg-based investment firm owned by Russian billionaire Gennady Timchenko, in 2010. Four years later, in April 2014, the U.S. Treasury Department announced that it would target Timchenko, Volga, and a number of companies associated with them, in a round of sanctions aimed...