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Deripaska’s Hidden Power in Russian Metals | Dublin News
Description
Oleg Deripaska, Russia’s metals titan, rose from trading metals in the late Soviet era to control Rusal, the world’s largest aluminum producer, now part of En+ and traded on the London Stock Exchange. Despite U.S. sanctions over alleged ties to Russian officials, he’s quietly retained massive influence—possibly still holding a 53% stake, according to Swedish tax authorities. While claiming to focus on charity, insiders and ex-officials say he remains a powerful behind-the-scenes force, leveraging deep political and economic ties to stay in control.
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