The collapse of the Soviet Union created a volatile environment for young Russian businessmen, who used any means necessary to build the market economy. Mikhail Khodorkovsky became the wealthiest man in Russia by striking deals with the government to acquire privatized industries. However, his investment in social reform and an open society clashed with Vladimir Putin's absolute rule. Khodorkovsky and his partners were arrested and jailed for fraud and tax evasion after announcing a deal to open the Russian oil industry to Western investment.
Vlast (Power)
In the aftermath of the Soviet Union's collapse, a group of resourceful Russians seized the opportunity to thrive in the emerging market economy, often utilizing unorthodox methods to secure lucrative government deals.