LONDON (Reuters – Britain imposed sanctions upon Roman Abramovich, Chelsea’s soccer club owner, and Igor Sechin the chief executive of Russian oil company Rosneft. The travel bans were triggered by their connections to Russian President Vladimir Putin. [L5N2VD2M8]

These two billionaires, along with five other Russian oligarchs, are some of the highest-profile people to have their names added to Britain’s sanctions list. This follows criticisms that Britain has been slow to act since Russia invaded Ukraine.

Britain claimed that they collectively have an estimated net worth around 15 billion pounds (19.75 billion).

The government has provided a summary below of the sanctioned people and their assets.

1. Roman Abramovich

Roman Abramovich holds stakes in Norilsk Nickel’s steel giant Evraz as well as Chelsea FC. In 2005, he sold 73% of his stake in Russian oil company Sibneft for state-owned gazprom Gazprom (MCX): 9.87 billion dollars.

He is worth an estimated 9.4 trillion pounds. Putin’s influence has kept him as one of only a few high-ranking oligarchs during the 1990s.

“None” of our allies has yet approved Abramovich.

2. Oleg Deripaska

En+ Group is a large extractives and energy company that owns UC Rusal. This makes it one of the largest producers of aluminium in the world. His UK property portfolio is worth multi-millions of pounds.

His net worth is estimated at 2 billion pounds. Deripaska was officially recognized by the United States in 2018.

3. Igor Sechin

Rosneft is Russia’s state oil company. Sechin has been a close and powerful ally to Putin. U.S., EU sanction Sechin.

4. Andrey Kostin

VTB bank, Russia’s 2nd largest bank, is chaired by Andrei Kostin. VTB Bank was officially designated by the UK in February 2022. Kostin has been a long-standing supporter of Kremlin targets through VTB Bank.

He is worth an estimated 379million pounds. The U.S. has sanctioned Kostin.

5. Alexei Miller

Gazprom CEO Alexei Miller makes him one of Russia’s most prominent executives. Miller was Vice Mayor of St Petersburg in 1990s, when Putin appointed Miller to this position. Miller was sanctioned in the U.S.

6. Nikolai Tokarev

Russian state-owned Transneft is headed by Nikolai Tokarev. Putin first met him in 1980, when they were both KGB officers stationed in Dresden, East Germany. The two have maintained close ties ever since. Tokarev was sanctioned both by the U.S.A. and EU.

7. Dmitri Lebedev

Bank Rossiya is headed by Dmitri Lebendev. Bank Rossiya was designated by the UK, which is widely believed to be the Kremlin’s personal bank. The U.S. approved Lebedev in 2016.

($1 = 0.7595 pounds)