The Alternate Reality of Filthy Rich Russians in Putin’s War

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The Alternate Reality of Filthy Rich Russians in Putin’s War
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While thousands of Ukrainians were fleeing their submerged homes after a catastrophic dam explosion last week, high-society Russians gathered for a glitzy restaurant festival in the Black Sea resort of Sochi, just 500 miles away from the flooding.

made over $3 million from her media holding company, Careful Media, last year—has continued to promote products on her Instagram page in the lead-up to the event, even though the app has been banned in Russia.

Speaking with The Daily Beast, PrimePark’s manager claimed that the war has not slowed down apartment sales at the complex, which features nine towers and units with starting price of $6,000 per square meter and includes amenities like tennis courts and swimming pools. “Some elite complexes and cottages stay dark, but the owners are not in a hurry to sell real estate. We have clients who are ready to invest dozens of millions of dollars,” she said, adding that she had just closed a $1.4 million condo.Back in Sochi, restaurant owners from Moscow discussed how to develop businesses all across the country, speaking in festival sites called “As a King,” “Barstreet” and “Winestreet.

“Russian children of the Kremlin’s bureaucrats, who revolt against their parents in places like London, still cannot live and make money honestly, only because they are Russian,” she said. “So they go to Dubai, one of our hubs these days.”Yulia Zhemchugova/Alamy Stock Photo Many in Russia’s upper class continue to post about their splurging on social media, apparently unembarrassed by reports about the devastation in Ukraine or attacks on Russian border cities.

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