This chapter explores the fate of the Russian oligarchs of the 90s, discussing whether they ended up dead, in hiding, or dying due to old age or poor health. It examines their current influence in Russia, their support of Vladimir Putin, and the challenges presidents face in bringing back money sent overseas.
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In the words of historian and noted Russian scholar Dr. Matthew Raphael Johnson, the Soviet Union was the only empire to fall without a war. To the ordinary Russian citizen, however, the 1990s were no less tragic as life expectancy, average income, and birthrates all plummeted as crime, alcoholism and unemployment all rose. As the nation descended into the depths of despair, a new Oligarch class emerged controlling the commanding heights of production, principally in the natural resource and heavy industry sectors, coming to dominate not just the economy but with politics under the Russian President Boris Yeltsin. Only until the current President Vladimir Putin rose to power, ironically with the help of major oligarch Boris Berezovsky who was later exiled along with many others, did the Russian people begin to recover economically and in national pride.