Yuri Milner renounces Russian citizenship

Billionaire Yuri Milner announced Monday that he has officially renounced his Russian citizenship, completing the process in August. He founded investment firm DST Global in 2009, which has invested in companies including Facebook, Twitter, Snapchat, Airbnb and Xiaomi. Milner said on his website that he has been an Israeli citizen since 1999 and that his family has lived in California since 2014. Milner said on his website that he has no assets in Russia, has not been there since 2014, and that 97% of his personal wealth was created outside Russia.

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