For a while, his interests coincided with those of Putin, still busy consolidating power, doing his own bit to rein in the oligarchs. He owed his rise in part to his willingness to fight back, to alert Western business contacts, to inform the press and to file complaints with government authorities against those corrupting the business culture. An American-born financier spins an almost unbelievable tale of the “poisoned” psychology afflicting business life in Vladimir Putin’s Russia.īy 2000, Browder, founder and CEO of the Hermitage Fund, helmed “the best performing emerging-markets fund in the world.” Taking full advantage of the unprecedented investment opportunities available during post-Soviet Russia’s transition from communism to capitalism, a gangland business atmosphere where oligarchs operated with impunity, Browder’s firm became the biggest investor in Russia’s stock market.
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