How old is Bill Browder?
(May 2021) William Felix Browder (born April 23, 1964) is an American-born British financier and political activist. He is the CEO and co-founder of Hermitage Capital Management, the investment advisor to the Hermitage Fund, which at one time was the largest foreign portfolio investor in Russia.
Who is William Browder and why is he controversial?
William Browder was the largest foreign investor in Russia until 2005, when he was denied entry to the country and declared “a threat to national security” for exposing corruption in Russian state-owned companies.
Why did Bill Browder go to Russia?
Browder had gone to Moscow in 1996 to take advantage of the privatization of state companies by Russian President Boris Yeltsin. Browder founded Hermitage Capital Management, a Moscow investment firm registered in offshore Guernsey in the Channel Islands. For a time, it was the largest foreign investor in Russian securities.
Is Bill Browder a good book to read?
This book reads like a thriller, but its a true, important, and inspiring real story. Bill Browder is an amazing moral crusader, and his book is a must-read for anyone who seeks to understand Russia, Putin, or the challenges of doing business in the world today.
Who is Bill Browder and why is he in Russia?
Browder had gone to Moscow in 1996 to take advantage of the privatization of state companies by then-Russian President Boris Yeltsin. Browder founded Hermitage Capital Management, a Moscow investment firm registered in offshore Guernsey in the Channel Islands. For a time, it was the largest foreign investor in Russian securities.
Why was Bill Browder deported from Russia?
In retaliation, on November 13, 2005, Browder was refused entry to Russia, deported to the UK, and declared a threat to Russian national security. Eighteen months after Browder was deported, on June 4, 2007, Hermitage Capitals offices in Moscow were raided by twenty-five officers of Russias Interior Ministry.
What companies did Bill Browder invest in?
Hermitage became a prominent activist shareholder in the Russian gas giant Gazprom, the large oil company Surgutneftegaz, RAO UES, Sberbank, Sidanco, Avisma, and Volzhanka. Browder exposed management corruption and corporate malfeasance in these partly state-owned companies.
What did Browder say about the Russian Interior Ministry?
In a statement to US senators on July 27, 2017, Browder stated that Russian Interior Ministry officials “seized all the corporate documents connected to the investment holding companies of the funds that I advised. I didn’t know the purpose of these raids so I hired the smartest Russian lawyer I knew, a 35-year-old named Sergei Magnitsky.