Manafort works for Deripaska who is the Richest Man in Russia

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Manafort works for Deripaska who is the Richest Man in Russia

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By Michael Alan Prestwood

Sat 19 Jan 2019

Published 8 years ago.

Updated 5 months ago.

Manafort works for Deripaska who is the Richest Man in Russia

2007-2013: Sometime in 2007, Manafort starts working for Deripaska who is the Richest Man in Russia. In 2007, Manafort and his partners established a private equity fund that would acquire Ukrainian firms and merge them into larger national entities. Manafort and his partners collected over $7 million in fees for managing this fund from firms controlled by Deripaska, according to a 2014 petition filed in the Cayman Islands, filed by Deripaska’s lawyers. In 2008, Deripaska transferred $18.9 million to the fund so that it could purchase Black Sea Cable. From 2013 Deripaska court documents, Manafort apparently stole the money rather than buy the company.

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Michael Alan Prestwood
Author & Natural Philosopher

Prestwood writes on science-first philosophy, with particular attention to the convergence of disciplines. Drawing on his TST Framework, his work emphasizes rational inquiry grounded in empirical observation while engaging questions at the edges of established knowledge. With TouchstoneTruth positioned as a living touchstone, this work aims to contribute reliable, evolving analysis in an emerging AI era where the credibility of information is increasingly contested.