03-03-2022 19:54 via artnews.com

Russian Magnates Resign from Guggenheim, Royal Academy Boards

Amid the escalating crisis in Ukraine and international sanctions targeting prominent Russian oligarchs following their country’s invasion of Ukraine, two Russian magnates with ties to Russian President Vladimir Putin’s inner circle have stepped down from trustee positions on museum boards in New York and London.
Vladimir Potanin, one of the wealthiest men in Russia and a decades-long donor to the the Guggenheim Museum, stepped down from his position at the New York institution on We
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