Looking for the Hidden Wealth of Russian Oligarchs? Try South Dakota and Delaware

by | Mar 4, 2022 | Money and Politics, Opinions, Wealth Gap

The Super Yacht Dilbar, owned by famous Russian oligarch Alisher Usmanov, one of Russia’s richest men, was just seized by the German government.

Looking for the Hidden Wealth of Russian Oligarchs? Try South Dakota and Delaware

by | Mar 4, 2022 | Money and Politics, Opinions, Wealth Gap

The Super Yacht Dilbar, owned by famous Russian oligarch Alisher Usmanov, one of Russia’s richest men, was just seized by the German government.
Tax havens in past times were sleepy Caribbean backwaters. But now the US, led by investor-friendly financial secrecy laws in states like South Dakota and Delaware, has emerged as a global center for hiding illicit wealth.
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