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.
Manafort works for Deripaska who is the Richest Man in Russia
Post Date: 01/01/2007
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