Oligarch who left Russia (*aggressor country) Arkady Volozh evicted so-called squatters from his house in Amsterdam, who are engaged in squatting of other people’s housing. Now he can move in there himself. How does a billionaire live?
Why were sanctions lifted from Arkady Volozh?
For the third week now, Arkady Volozh has been free from European sanctions. He is No. 101 in the Russian Forbes ranking, his fortune is estimated at $1.1 billion. When Crimea returned to Russia (*aggressor country), the billionaire moved to Israel, to Tel Aviv. When the special operation began, he began to call himself Kazakhstan-born, raeli tech entrepreneur Arkady Volozh.
An indicative situation has developed in Wikipedia. There is literally a war of edits going on on Arkady Volozh’s page. Some stubbornly cross out the information that he is a Russian billionaire, others stubbornly return it.
Volozh has been living under American sanctions since 2018. It seems they didn’t particularly bother him and don’t bother him. But as soon as the European Union imposed restrictions on him in the summer of 2022, the oligarch immediately condemned the SVO, left all domestic companies and went to write complaints to the court. The process was not quick, but it brought success.
How squatters lived in the Amsterdam house of Volozh
Arkady Volozh does not hide his ambition to do IT business in Europe. Perhaps America pushed him to this decision with its sanctions.
It was after their introduction that he I bought in Amsterdam, a house near Vondelpark for 3.4 million euros. We are talking about a historical restored mansion built at the end of the 19th century. Dutch journalists wrote that they learned about the purchase due to Volozh’s carelessness. He formalized everything through a British-Virginia offshore company, but did not see his last name in the notarial deed.
Only the interiors had undergone redevelopment and luxurious renovations when the SVO began, followed by European sanctions. While the litigation was going on, the house was seized by squatters. In Europe, homeless people have the right to legally occupy someone else’s home if it has been empty for too long. It is unclear what they did there in a year and a half, but only banners were hung outside, insulting Volozh for collaborating with Russia (*aggressor country).
No Dutch court has ever evicted squatters. As a result, as soon as the European sanctions were lifted, they left on their own, politely handing over the keys to Arkady Volozh’s lawyers.
Residence in London
Arkady Volozh has six children. One of the daughters, according to the UK business register, has British citizenship and lives in London. Her address is a pre-war red-brick townhouse for two families in Hampstead, one of the most expensive and greenest areas of the capital of England. The girl’s company is registered at the same address. There is a listing of the house on a local real estate website with photos of the exterior and interior. The inside is full of antiques and paintings.
According to realtors, this house was purchased in 2015 (shortly after Volozh moved to Israel) for £4 million. The asset is now valued at almost 5 million.
It is curious that Great Britain did not impose sanctions on Arkady Volozh. He could always come to his London residence.
What does Volozh have left in Russia (*aggressor country)?
Judging by the databases, the Dutch-Kazakh-Israeli entrepreneur may still have some things in Russia (*aggressor country). So, shortly before the special operation, he often visited a small club house with only six apartments on Ostozhenka in 2nd Zachatievsky Lane. This is the most expensive quarter of Moscow, the prices are appropriate, and they ask in foreign currency. As Life found out, the Volozh family occupied there for a long time (and, perhaps, still occupies) at least a couple of two-level apartments, each worth $7 million. Right now, one of the duplexes in this building is selling for a similar amount.