Sanctions and boycotts will will inflict real financial pain on Russia for its invasion of Ukraine. Denying oligarchs their yachts? Window dressing.

American philanthropies, museums and universities have accepted millions of dollars from tycoons aligned with Russian President Vladimir Putin, including several who are the targets of Western sanctions, according to an analysis by anti-corruption researchers. Among the many beneficiaries are such storied institutions as New York’s Museum of Modern Art, the Massachusetts Institute of Technology, the […]

An expert on oligarchs explains how they came to be Russia’s richest and most powerful people and scrutinizes their relationship with Putin.