Mikhail Fridman: oligarchy with all that jazz - FT.com

Mikhail Fridman: oligarchy with all that jazz - FT.com:

"

Lounging in a hotel lobby with a panoramic view of Lviv, the medieval city in western Ukraine, the oligarch Mikhail Fridman exudes the relaxed air of a man who, with a couple of partners, has just earned $14bn.
Late last year, Mr Fridman, an avuncular figure yet known for his hardball business tactics, cashed out of TNK-BP, the Anglo-Russian joint venture. Already the Moscow-based, Ukrainian-born tycoon is looking for new opportunities for the proceeds.
Last month, his Alfa Group holding company said it was forming a global investment vehicle, LetterOne Group, including a $10bn oil and gas arm called L1 Energy. Lord Browne, who as BP chief executive took the British group into the lucrative but turbulent TNK-BP partnership, has agreed to be an adviser."

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