NEW REPUBLIC: If you’re looking for Russia’s weak point at the moment, you could do worse than start at 88 West Heath Road, a house in leafy north London. It looks modest enough, but it would probably set you back $15 million.
It is the primary residence of Andrey Yakunin. His father, Russian Railways chief executive Vladimir Yakunin, is a former KGB agent and longtime pal of President Vladimir Putin. He was also a lead organizer of the Sochi Olympics and heads National Glory of Russia, an organization that aims to protect Russians from Western culture. (In a barely-readable book called
Problems of Contemporary World Futurology, he predicted the collapse of the West in 10-20 years). His wife, Natalya, is in the same trade. She heads Sanctity of Motherhood, which propagates the “many-child family” through traditional Russian values and Orthodox Christianity. Their son Andrey is a fund manager, a graduate of the London Business School, and a specialist in “mid-market business hotels,” particularly ones that adjoin Russian train stations. His son Igor, in turn, attends a posh English private school.
The Yakunin family is Putin’s Kremlin in microcosm, a hypocritical spookocracy that rejects everything about the West except its money, houses, and consumer goods. It also encapsulates the Kremlin’s weakness. If Putin’s Ukraine adventure causes Europe to freeze assets and inconvenience the Kremlin elite, then Putin will find himself losing support fast—from the constituency he needs the most.
Putin may project a macho image by getting his guns out at any opportunity, but his actual power is based on elite support, and the elite supports him because he has made it rich beyond the dreams of avarice. For example, Vladimir Yakunin and Putin were
neighbors in St. Petersburg. Putin made Yakunin head of Russian Railways, and now, Yakunin owns a
palace outside Moscow, where the bathhouse alone has a reported floor area of
15,000 square feet.
Read on and comment » | Oliver Bullough | Tuesday, March 04, 2014
