The EU's top court on December 20 dismissed Russian oligarch Roman Abramovich's request to be removed from the bloc's sanctions list. The EU slapped sanctions on a number of Russian officials and oligarchs and froze hundreds of billions of dollars' worth of Russian assets following Russia's invasion of Ukraine. Abramovich, who was sanctioned for what the bloc said was "privileged access" to the Kremlin, had challenged the move. "The General Court dismisses the action brought by Mr. Abramovich, thereby upholding the restrictive measures taken against him," the court ruled. According to Forbes, Abramovich's net worth is more than $9 billion.
EU Top Court Dismisses Russian Oligarch Abramovich's Move To Get Off Sanctions List
Billionaire Roman Abramovich (left), pictured with Russian President Vladimir Putin in 2016, was sanctioned for what the EU said was "privileged access" to the Kremlin.