Russian Billionaire Roman Avdeev Sells Final Russian Assets to Focus on Family

Roman Avdeev, a Russian billionaire banker, has sold his remaining stake in the Rossium Group to Sergei Sudarikov, ceasing his business ventures in Russia. Avdeev intends to spend more time with his family, including his 23 children, and pursue activities outside of business.

Russian billionaire banker Roman Avdeev announced his exit from the Russian business world, having sold his remaining stake in Rossium Group to fellow billionaire Sergei Sudarikov.

The sale, whose price remains undisclosed, draws Avdeev's business ties in Russia to a close.

The businessman, known for his diverse investments, cited a desire to focus on his personal life, particularly his 23 children, 19 of whom are adopted.

(With inputs from agencies.)