Connect with us

World

He financed a movie by Tom Cruise… a lawsuit that exposes a billionaire close to Putin

News Agencies

Published

on

A lawsuit in the United States revealed that a billionaire close to Russian President Vladimir Putin contributed to the financing of the production of the movie “Top Gun: Maverick”, starring Tom Cruise.

Russian oligarch Dmitry Rybolovlev exercised, according to the lawsuit, “functional control” over the production company “New Republic Pictures”, which signed contracts worth $ 200 million in 2020 with the Hollywood giant “Paramount Pictures” to finance up to a quarter of the budgets of 10 films.

After the Russian operation

Documents submitted to the Los Angeles Superior Court also showed that Rybolovlev transferred his assets from the project after Russia launched its military operation in Ukraine in February 2022, for fear of freezing it after Washington and the European Union imposed sanctions on wealthy supporters of the Kremlin, according to the British newspaper The Times.

It was the former head of the "New Republic Pictures" company, Bradley Fisher, who revealed that Rybolovlev had contributed to financing the production of Hollywood films. He said in his lawsuit that the Russian billionaire violated the terms of the contracts, and that he owed him $15 million.

Precautionary step

It is noteworthy that Rybolovlev was not among the Russian oligarchs whose assets have been frozen by the United States and other Western countries since Putin announced Russia's "special operation" in Ukraine.

Advertisement

However, Fisher's complaint says that shortly after the imposition of US sanctions on Russian figures , Rybolovlev took a precautionary step to prevent the confiscation of his assets in the United States, to end his commercial activities there, including film production.

Corruption charges pursue him

It is noteworthy that Rybolovlev, who owns the French football club Monaco, made his fortune in the era of privatization in the nineties of the last century, when he acquired most of the shares of the "Uralkali" company, which is the largest producer of potassium fertilizers in Russia.

Between 2010 and 2011, he sold his shares in that company for $6.5 billion.

Advertisement

It should be noted that Rybolovlev faces corruption charges in Switzerland.

Continue Reading
Advertisement

Advertisement

Breaking News

Editor Pick’s

Latest Entertainment

Entertainment1 hour ago

Bad Bunny, Lizzo, Sam Smith Lead Initial Grammy Performer Lineup

Beyoncé, Kendrick Lamar, Adele, Brandi Carlile Lead 2023 Grammy Nominations Bad Bunny, Lizzo, and Sam Smith highlight the initial lineup...

Entertainment1 hour ago

Jeremy Renner was trying to stop snowplow from hitting his nephew when he was crushed

Jeremy Renner told investigators that his snowplow began “sliding sideways” down a hill toward his nephew and he tried to...

Entertainment3 hours ago

Mädchen Amick Reveals Son Sly’s ‘Scary’ Bipolar 1 Diagnosis: ‘It Was Traumatic’

Madchen Amick YURI HASEGAWA Actress Mädchen Amick’s son Sly Alexis grew up running track and field races coached by his...

Entertainment12 hours ago

Shemar Moore and Girlfriend Jesiree Dizon Welcome a Baby Girl: ‘Very Happy and Healthy’

All About Shemar Moore’s Girlfriend, Jesiree Dizon Weiss Eubanks/NBCUniversal/NBCU Photo Bank via Getty, Jesiree Dizon/instagram Shemar Moore is officially a...

Entertainment13 hours ago

Paris Hilton Is a Mom! Star Reveals She and Husband Carter Reum Have Welcomed a Baby Boy

Paris Hilton and Carter Reum Kevin Mazur/Getty Paris Hilton and Carter Reum Paris Hilton is starting 2023 with a new title...

Entertainment14 hours ago

What Tom Hanks, Kaia Gerber think about the nepotism baby debate, plus more stars weigh in

Hollywood stars are divided over the latest buzzword: “Nepo baby.” Short for nepotism or the practice of favoring friends and family...

Entertainment15 hours ago

Riley Keough shares last photo with mom Lisa Marie Presley: ‘Grateful’

Lisa Marie Presley, Priscilla Presley and Riley Keough attend the Handprint Ceremony honoring three generations of Presley’s on June 21,...

Entertainment16 hours ago

Anne Heche’s son Atlas, 14, issues statement 6 months after her death: ‘Brightest person I’ve ever known’

Anne Heche with her sons Atlas Heche Tupper (left) and Homer Heche Laffoon (right) in May 2022. (Photo: Anne Heche...

Advertisement

Latest Sports

Sports1 hour ago

Wild coach blasts Ryan Hartman for mistakes: ‘Absolutely stupid’

Wild veteran Ryan Hartman had an unfortunate finish to Tuesday's game and his coach threw him right under the bus.

Sports1 hour ago

This is the dawn of the Bengals’ villain origin story

Right now, the Bengals are cool. Joe Burr, and all that. But if Burrow and Cincy start to pile up...

Sports2 hours ago

Rumor: Aaron Rodgers linked to Colts; how would it affect Bears?

ESPN's Jeremy Fowler reported a rumor about Aaron Rodgers' link to the Colts for a potential offseason trade. How would...

Sports2 hours ago

‘He was different’: How did Joe Burrow do as an Ohio State football quarterback?

Here's what you need to know about Joe Burrow's path from Ohio State to the Cincinnati Bengals.

Sports3 hours ago

Djokovic says ‘sent message’ with Australian Open mauling

Novak Djokovic said he "sent a message" at the Australian Open by thrashing Andrey Rublev on Wednesday to make the...

Sports3 hours ago

Canucks fans boo Rick Tocchet, toss jersey on ice in his debut

Canucks fans were less than enthused when they welcomed new head coach Rick Tocchet to his first game at Rogers...

Sports4 hours ago

Rory McIlroy: Yes I ignored Patrick Reed – because he subpoenaed me on Christmas Eve

Rory McIlroy has admitted he did ignore Patrick Reed here but said that the American has no right to expect...

Sports4 hours ago

Djokovic equals Agassi’s record with quarter-final victory over Rublev

Novak Djokovic has equalled a record held by his former coach Andre Agassi with a 26th consecutive victory at the...

Technology Hot News

Technology6 days ago

Led by "Amazon" and "Microsoft" .. the technology giants are planning to lay off 64,000 employees

After 10 years of driving the stock market bull run, big tech companies are racing to downsize staff to adapt...

Technology7 days ago

Apple introduces MacBooks with new M2 processors

Yesterday, Tuesday, Apple unveiled MacBooks powered by the new, faster “M2 Pro” and “M2 Max” processor chips, in a surprise...

Technology1 week ago

All you need to know about the upcoming Galaxy S23 phones from Samsung

Samsung has officially announced that the (Galaxy Unpacked 2023) event will be held this year on Wednesday, February 1, which...

Technology1 week ago

FTX Exchange Announces Hacking and Stolen $415 Million in Cryptocurrency

Bankrupt American cryptocurrency firm FTX announced today, Wednesday, that $415 million in cryptocurrency has been hacked and stolen from the...

Technology1 week ago

Because of a "fraudulent tweet"… Elon Musk's trial begins

Elon Musk's trial began Tuesday in San Francisco with the selection of jury members who will have to decide whether...

Technology1 week ago

An electric spoon replaces salt and spices, but with conditions

Experts have developed an electric spoon that is able to replace spices and flavors and affect the taste buds in...

Technology1 week ago

The biggest dangers of using tracking devices.. so you can escape?

If you spot an unknown Bluetooth tagging device, there are ways to disable the device so it can't track your...

Technology1 week ago

New Twitter.. For You tab to web version

The Twitter platform announced that it will bring the new tab (For You), which launched last Tuesday for iPhones and...

Advertisement