Russia

Another Billionaire Incurs Putin's Wrath

Viktor Vekselberg has been a Kremlin loyalist, but now some of his closest associates have been detained in a corruption case.

Not so close anymore.

Photographer: Aleksy Nikolskyi/AFP/Getty Images

Since Vladimir Putin came to power in Russia, people who had made billions in the murky first decade of Russian capitalism have been picked off one by one: jailed, pushed out of the country, forced to give up assets or take part in unprofitable projects. Now, apparently, it's Viktor Vekselberg's turn: An attack on some of his top managers means that repeated demonstrations of loyalty to the Kremlin are no safety guarantee.

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