Owen Matthews Owen Matthews

‘It wasn’t the Russian people who poisoned Skripal, it was just a few guys’: Alexander Lebedev interviewed

The oligarch on money, media and why the West is delusional

issue 05 October 2019

Who wants to be a billionaire? Not, apparently, Alexander Lebedev, the self-described ‘Russian ex-oligarch’ who has tried billionaredom and found it not to his liking. Lebedev opens his new book, Hunt the Banker, with a nostalgic riff on his happy youth in a tiny Moscow apartment and the observation that ‘the ideal menu consists of buckwheat (60 cents a kilo), extra virgin flaxseed oil, vegetables and a little fish’. Money, he reckons, ‘warms only a shallow soul. It shrivels the heart, gives no peace, and problems proliferate’.

Why, then, did Lebedev leave a comfortable post as a KGB spy in London to pursue a career in banking in post-Soviet Russia? ‘A desire to accumulate experience and know the system from the inside,’ he says — the same reason, apparently, that drove him to become a Duma deputy, run for mayor of Sochi and Moscow, and later become a British media mogul via his co-ownership with son Evgeny of the Independent and the Evening Standard.

Written by
Owen Matthews
Owen Matthews writes about Russia for The Spectator and is the author of Overreach: The Inside Story of Putin’s War Against Ukraine.

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