• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Summer camps remain a battleground over what it means to be American

2

Current price of oil as of July 13, 2026

3

The U.S. spent $30 billion to ditch textbooks for laptops and tablets: The result is the first generation less cognitively capable than their parents

1

Summer camps remain a battleground over what it means to be American

2

Current price of oil as of July 13, 2026

3

The U.S. spent $30 billion to ditch textbooks for laptops and tablets: The result is the first generation less cognitively capable than their parents
TechYuri Milner

A Russian tech billionaire says he gave up his citizenship months after Putin invaded Ukraine

Nicholas Gordon
By
Nicholas Gordon
Nicholas Gordon
Asia Editor
Down Arrow Button Icon
Nicholas Gordon
By
Nicholas Gordon
Nicholas Gordon
Asia Editor
Down Arrow Button Icon
October 11, 2022, 6:34 AM ET
Concerns about DST Global, founded by Yuri Milner, and its early ties to Russia were revived after the country's invasion of Ukraine.
Concerns about DST Global, founded by Yuri Milner, and its early ties to Russia were revived after the country's invasion of Ukraine. Billy H.C. Kwok—Bloomberg/Getty Images
Add Fortune on Google for similar content.

Yuri Milner, one of Silicon Valley’s most powerful venture capitalists, is giving up his Russian citizenship.

“My family and I left Russia for good in 2014, after the Russian annexation of Crimea,” Milner wrote on Twitter on Monday. “This summer, we officially completed the process of renouncing our Russian citizenship.” A post on Milner’s website dates the renunciation to August 2022.

Born in Moscow in 1961, Milner received Israeli citizenship in 1999, and moved his family to California in 2014, according to a fact sheet published on Milner’s website. 

DST Global is one of Silicon Valley’s most prominent venture capital firms, with investments in tech companies like Facebook, JD.com, Twitter, Airbnb, and Spotify. DST Global did not immediately respond to a request for comment. 

Milner had had to defend himself and his venture capital firm from allegations of ties to Russia even before the country invaded Ukraine earlier this year. 

Alisher Usmanov, a Russian metals tycoon, and VTB, a state-owned Russian bank, were early backers of DST Global. VTB Bank was first sanctioned in 2014 after Russia annexed Crimea, and sanctions were expanded this year after Russian president Vladimir Putin launched his broader invasion of Ukraine. The U.S., U.K., and European Union also placed sanctions on Usmanov in response to the war. 

In 2017, the New York Times reported that Milner’s investments in Facebook and Twitter were financed by money from state-owned companies like VTB and Gazprom. DST Global, in response, released an open letter saying the firm exited its Facebook and Twitter positions prior to 2014, when Russia annexed Crimea. Milner’s website also links to a 2018 KPMG report commissioned by Gazprom that denies the state-owned gas company financed DST’s Facebook acquisition. 

Russia’s invasion of Ukraine revived concerns about Milner and DST Global. Milner said that he ”cannot go back and change history” in a March interview with Bloomberg Businessweek. “I cannot change the fact I was born in Russia. I cannot change the fact we had some Russian funds.”

Milner’s website claims that DST Global has not raised any capital from Russian investors since 2011, and that VTB’s funds were returned to the Russian bank in 2014.

It also claims Milner has never met Putin, “either individually or in a group.”

Sign up for the Fortune Features email list so you don’t miss our biggest features, exclusive interviews, and investigations.

About the Author
Nicholas Gordon
By Nicholas GordonAsia Editor
LinkedIn iconTwitter icon

Nicholas Gordon is an Asia editor based in Hong Kong, where he helps to drive Fortune’s coverage of Asian business and economics news.

See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Tech

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Tech

A headshot of Dave Bozeman, CEO of C.H. Robinson.
NewslettersEye on AI
The secrets of an unheralded AI success story
By Jeremy KahnJuly 14, 2026
60 minutes ago
Phones in hand
CybersecurityPrivacy
A new FCC proposal could spell the end of the burner phone. Even if you don’t use one, privacy experts say you should be worried anyway
By Catherina GioinoJuly 14, 2026
1 hour ago
The AI boom drove China’s 27% export jump in June as AI and the Iran war reshape global trade
AsiaChina
The AI boom drove China’s 27% export jump in June as AI and the Iran war reshape global trade
By The Associated Press and Chan Ho-HimJuly 14, 2026
2 hours ago
Topgolf CEO David McKillips
C-SuiteSports
Topgolf’s CEO thinks the sport’s next star could get their start at one of its driving ranges
By Catherina GioinoJuly 14, 2026
2 hours ago
‘Those who condemn AI are themselves spitting upward’: SoftBank’s CEO estimates $5 trillion needed annually to meet AI demand
AISoftbank
‘Those who condemn AI are themselves spitting upward’: SoftBank’s CEO estimates $5 trillion needed annually to meet AI demand
By The Associated Press and Mayuko OnoJuly 14, 2026
2 hours ago
Ramp’s billionaire CEO ignores résumés and Ivy League degrees—he’s more interested in engineers who built Minecraft servers as teens
SuccessHiring
Ramp’s billionaire CEO ignores résumés and Ivy League degrees—he’s more interested in engineers who built Minecraft servers as teens
By Sydney LakeJuly 14, 2026
4 hours ago

Most Popular

Summer camps remain a battleground over what it means to be American
North America
Summer camps remain a battleground over what it means to be American
By Seth T. Kannarr, Derek H. Alderman and The ConversationJuly 13, 2026
1 day ago
Current price of oil as of July 13, 2026
Personal Finance
Current price of oil as of July 13, 2026
By Joseph HostetlerJuly 13, 2026
1 day ago
The U.S. spent $30 billion to ditch textbooks for laptops and tablets: The result is the first generation less cognitively capable than their parents
Innovation
The U.S. spent $30 billion to ditch textbooks for laptops and tablets: The result is the first generation less cognitively capable than their parents
By Sasha RogelbergJuly 12, 2026
2 days ago
Current price of silver as of Monday, July 13, 2026
Personal Finance
Current price of silver as of Monday, July 13, 2026
By Joseph HostetlerJuly 13, 2026
1 day ago
Current price of gold as of July 13, 2026
Personal Finance
Current price of gold as of July 13, 2026
By Danny BakstJuly 13, 2026
1 day ago
Current price of silver as of Tuesday, July 14, 2026
Personal Finance
Current price of silver as of Tuesday, July 14, 2026
By Joseph HostetlerJuly 14, 2026
10 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.