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The Jewish Chronicle

Life is good, says the oligarch

May 29, 2008 23:00

By

Daniella Peled

3 min read

Mikhail Friedman: The billionaire who sees ‘no obstacles’ to local Jewish life

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Russian Jews can look forward to far greater opportunities in the former Soviet Union than they can in Israel, according to one of the country’s wealthiest Jewish businessmen.

Mikhail Friedman, a core member of the so-called “oligarchs”, the businessmen who made vast sums from Russia’s market liberalisation in the 1990s, was assessed last year by Forbes as being worth $12.6 billion, making him the 45th richest person in the world.

Having witnessed the repression of the Soviet era and the fierce communal infighting of more recent years, the publicity-shy father-of-two — seen as close to the Kremlin — declared himself full of optimism at the current position of the community.