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Arkady Volozh crosses a decisive milestone by renouncing his Russian citizenship
The iconic founder of Yandex, Arkady Volozh, has officially renounced his Russian citizenship, confirming his definitive break from his former business interests in Russia. This decision, reported by Bloomberg, comes about two years after Volozh fully divested from Yandex, the search engine giant that made him famous in the Russian tech ecosystem.
A strategic departure from Yandex marking the transition
Selling his stake in Yandex marked a crucial turning point in Arkady Volozh’s career. This break from his Russian roots is not just a entrepreneurial retirement but a strategic shift toward new digital horizons. The timing of this decision suggests a clear determination to build a new identity away from Russian geopolitical and regulatory issues.
Nebius Group: the new hub for international ambitions
Since leaving Yandex, Arkady Volozh has fully committed to developing Nebius Group NV, his Dutch platform specializing in neo-cloud technology. This shift reflects an entrepreneur establishing his base in Europe while targeting a global clientele. The growth and expansion of Nebius Group now embody the founder’s main priorities, positioning his projects on the international stage rather than the Russian market.