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How did the Kerimov family relinquish their majority shareholder positions in Polyus Gold?

  • By selling their shares

  • By donating their shares

  • By losing their shares in a lawsuit

  • By government confiscation

Answer

The Kerimov family, led by Suleyman Kerimov, sold their majority shareholder positions in Polyus Gold, a Russian gold mining company, in 2013 and 2014. The family had controlled Polyus Gold since 2003, and their stake in the company was valued at $9.1 billion at the time of the sale.
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The Rise of a Russian Mogul: Unveiling the Brilliant Mind of Suleyman Kerimov

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