Russian Billionaire Fled Russia via Belarus, Withdrawing a Large Sum of Money
Russian IT investor and founder of Almaz Capital fund, Alexander Galitsky, has left Russia despite restrictions imposed within a case to declare him and the fund an "extremist organization".

Alexander Galitsky
According to the Russian Prosecutor's Office, Galitsky left the country via Belarus, using a Dutch passport, and before that, withdrew billions of Russian rubles from his account at Gazprombank.
A Moscow court recognized Galitsky and his company as an extremist organization and ruled to transfer his property to the state. The total amount of assets subject to confiscation is approximately 8 billion Russian rubles (about 112 million dollars). This list includes money in accounts, real estate in Moscow, and a house in the Moscow region. The businessman himself disagrees with the accusations.
According to the prosecution, after 2014, the fund stopped investing in Russian projects and began withdrawing funds abroad, and after 2022, allegedly supported Ukrainian companies involved in weapons development. The businessman's defense claims that Galitsky has long had no connection to the fund and only invested money in peaceful projects.
Galitsky is considered one of the prominent venture investors in the technology sector. Over many years, his fund has invested hundreds of millions of dollars in dozens of startups across various IT areas.
Part of his assets is already being transferred to state control, including through the transfer of shares in companies to a state corporation.
In February of this year, it became known that 46-year-old Aliya Galitskaya, Alexander Galitsky's ex-wife, committed suicide in a temporary detention center in the Moscow region city of Istra. The tragedy occurred a day after a court arrested her on charges of extorting an enormous sum from her ex-husband.
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