Putin awards Russian-Jewish oligarch Yuri Kovalchuk order for merit to the Fatherland in the third degree
Quote from Timothy Fitzpatrick on July 21, 2026, 12:56
The Order "For Merit to the Fatherland" of the III degree was awarded to Yuri Kovalchuk, Putin's consiler.
Vladimir Putin signed a decree awarding his long-time associate and main shareholder of Bank "Russia" Yuri Kovalchuk with the Order "For Merit to the Fatherland" of the III degree. He is listed as a "public figure" in the document. Contribution to the implementation of socially significant projects, preservation of cultural and historical heritage and charitable activities are named as the grounds for awarding.
Kovalchuk is one of the most influential people in Putin's entourage. He actually acts as a trusted adviser to the president, controls a large media empire and manages the assets used by Putin.
The structures of the Bank "Russia" earn billions of rubles on commissions for utility payments, and Kovalchuk himself through the "National Media Group" gained influence on the largest Russian media. People and companies related to it also own elite real estate in different regions of Russia, which is used by Putin.
The Order "For Merit to the Fatherland" of the III degree was awarded to Yuri Kovalchuk, Putin's consiler.
Vladimir Putin signed a decree awarding his long-time associate and main shareholder of Bank "Russia" Yuri Kovalchuk with the Order "For Merit to the Fatherland" of the III degree. He is listed as a "public figure" in the document. Contribution to the implementation of socially significant projects, preservation of cultural and historical heritage and charitable activities are named as the grounds for awarding.
Kovalchuk is one of the most influential people in Putin's entourage. He actually acts as a trusted adviser to the president, controls a large media empire and manages the assets used by Putin.
The structures of the Bank "Russia" earn billions of rubles on commissions for utility payments, and Kovalchuk himself through the "National Media Group" gained influence on the largest Russian media. People and companies related to it also own elite real estate in different regions of Russia, which is used by Putin.
Share this:
- Share on X (Opens in new window) X
- Share on Facebook (Opens in new window) Facebook
- Share on Reddit (Opens in new window) Reddit
- Share on Tumblr (Opens in new window) Tumblr
- Share on Telegram (Opens in new window) Telegram
- Share on Bluesky (Opens in new window) Bluesky
- Share on Pinterest (Opens in new window) Pinterest
- Print (Opens in new window) Print
- Share on WhatsApp (Opens in new window) WhatsApp
