The billionaire may lose a significant part of his fishing empire due to a protracted conflict with the company's co-founder, former business partner Alexander Tugushev.
The owner of the Norebo group, Vitaly Orlov, is about fishing and business.
The arrest was imposed on assets worth 350 million dollars in the lawsuit against Orlov of his former accomplice Alexander Tugushev.
Thanks to Bloomberg, we learned about the emergence of a new Russian billionaire: Vitaly Orlov, whose business experienced a boom after Russia banned fish imports. RBC tells his true story.
Norebo's road to success through prisons and kickbacks.
How the Russian "Fish King" Vitaly Orlov made his first billion dollars.