Yandex Founder Volozh Renounces Russian Citizenship
Arkady Volozh sold his Yandex stake and refocused on Nebius Group, whose market cap nearly tripled to $25 billion amid partnerships with Meta and Microsoft.
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Yandex founder Arkady Volozh has renounced his Russian citizenship. The decision was made this week, almost two years after selling his stake in the company, RBC-Ukraine reported, citing a Bloomberg publication. Read also: Reparations for the destroyed factory: Philip Morris Ukraine is considering international compensation for damages Volozh officially renounced his Russian citizenship Yandex co-founder and former CEO Arkady Volozh is no longer…
Billionaire Yandex Founder Volozh Renounces Russian Citizenship
Yandex founder Arkady Volozh has renounced his Russian citizenship nearly two years after he sold his interest in the country’s leading search engine to focus fully on developing his Dutch neocloud company Nebius Group NV.
In 2023, he condemned the Russian war in Ukraine.
The billionaire Arkady Vologs, who was one of the founders of the Russian company Yandex, renounced Russian citizenship...
Arkady Volozh’s Second Act
It looked like Arkady Volozh’s days at the top of the Russian tech world were over.
Billionaire Arkady Volozh, co-founder of Yandex, has renounced his Russian citizenship, Bloomberg reports, citing a source familiar with the matter. According to the source, Volozh received official confirmation this week that he is no longer a Russian citizen. The decision comes nearly two years after the entrepreneur, who also holds an Israeli passport, sold his stake in Yandex to focus on developing his Dutch neocloud company, Nebius Group.
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