Watch FIFA World Cup 2026™

LIVE, FREE and EXCLUSIVE

The demise of Ukrainian oligarchs

UKRAINE RUSSIA CONFLICT

A destroyed monument with Azovstal logo at the main entrance to the Azovstal steel plant in Mariupol, eastern Ukraine, 07 December 2022. EPA/SERGEI ILNITSKY Source: EPA / SERGEI ILNITSKY/EPA

For decades, rich businessmen, the so-called oligarchs, wielded enormous influence and power in Ukraine. But since the start of the Russian invasion they have lost billions - and with them much of their clout.


Published

Updated

Presented by Sam Dover

Source: SBS News / BBC’s Vitaly Shevchenko


Share this with family and friends


For decades, rich businessmen, the so-called oligarchs, wielded enormous influence and power in Ukraine. But since the start of the Russian invasion they have lost billions - and with them much of their clout.



Latest podcast episodes

Get SBS News straight to your inbox

Sign up now for daily news from Australia and around the world. You can also subscribe to Insight's weekly newsletter for in-depth features and first-person stories.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

Follow SBS News

Download our apps

Listen to our podcasts

Get the latest with our News podcasts on your favourite podcast apps.

Watch on SBS

SBS World News

Take a global view with Australia's most comprehensive world news service

Watch now

Watch the latest news videos from Australia and across the world