Russia-born billionaire provides up his citizenship in protest in opposition to Ukraine battle | World News

Nikolay Storonsky, the 38-year-old co-founder and chief government officer of London-based fintech startup Revolut Ltd., has renounced Russian citizenship amid his outspoken opposition to the battle in Ukraine.

“Nik is a British citizen. Earlier this 12 months he renounced his citizenship by delivery to Russia. His place on the battle is on the general public document: the battle is completely abhorrent and he stays resolute in calling for an instantaneous finish to the preventing,” a spokesman for Revolut stated.

Storonsky’s transfer got here earlier than his father, an government at a unit of Russia’s Gazprom, was sanctioned by Ukraine earlier this month, the spokesman stated. The information was first reported by the Telegraph.

A former derivatives dealer at Credit score Suisse Group AG and Lehman Brothers, Storonsky and several other companions launched Revolut in 2015. He’s price $6.7 billion, in accordance with the Bloomberg Billionaires Index.