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Richest Russian Built NYC Power Over Decades and Lost It in Weeks

Vladimir Potanin stepped down from the Guggenheim and CFR cut ties with him as billionaires with links to Russia have their donations scrutinized.

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Russian Oligarchs Begin to Feel the Pressure

A month ago, Vladimir Potanin sat alongside the world’s financial and business elite on the advisory board of the New York-based Council on Foreign Relations and among the trustees of the Guggenheim Museum in Manhattan.

Those power circles, which included Tom Hill, the former Blackstone Inc. executive, and billionaires from Brazil and India, were cultivated over decades. Now, they’re closed off to Potanin, Russia’s richest man. Over the past two weeks, he’s dropped off both boards.