icon bookmark-bicon bookmarkicon cameraicon checkicon chevron downicon chevron lefticon chevron righticon chevron upicon closeicon v-compressicon downloadicon editicon v-expandicon fbicon fileicon filtericon flag ruicon full chevron downicon full chevron lefticon full chevron righticon full chevron upicon gpicon insicon mailicon moveicon-musicicon mutedicon nomutedicon okicon v-pauseicon v-playicon searchicon shareicon sign inicon sign upicon stepbackicon stepforicon swipe downicon tagicon tagsicon tgicon trashicon twicon vkicon yticon wticon fm

UK royal may sell out to tycoon

A nephew of Queen Elizabeth II of Great Britain, David Linley, is reported to be selling his stake in his furniture and design business to a Russian corporate tycoon.

The potential buyer is Sergey Pugachev, a member of Russia's Federation Council, who's also a friend to President Putin.

Pugachev's fortune is estimated at $U.S. 6.8 billion.

The sides are currently in talks.

Podcasts