Russian Billionaire Pockets $532 Million In Internet Stock Sale

Thursday 28th February, 2013

Alisher Usmanov (Photo credit: Wikipedia) Forbes billionaire Alisher Usmanov sold his stake in London-based, Russia’s leading free email service, pocketing a cool $532 million in the deal. Morgan Stanley said Thursday that Usmanov sold his 7.4% stake in this week. The sale reduces Usmanov’s 25.3% stake in to 17.9% of share capital, but he will retain 58.1% of voting rights,

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