A Big Russia Bet Is Minting Fortunes on Paper for Retail Investors
- US and EU citizens bought into Russian firms despite invasion
- Windfall profits are stranded due to western sanctions
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On Christian Wehr’s first investor road trip to Russia, he brought his dad along for moral support.
It was December 2022, 10 months after Russia had attacked Ukraine, and friends had warned the 32-year-old software developer not to travel from his native Germany, designated an “unfriendly country” by the Kremlin.