The 2008 war with Russia left many Georgians bitter about the loss - TopicsExpress

The 2008 war with Russia left many Georgians bitter about the loss of two important regions, but Ivanishvili probably was not among them. The wealthy politician was, instead, building an amicable relationship with Putin. That relationship came with a big payoff. Before his election as prime minister in 2012, Ivanishvili had acquired 1 percent ownership of OAO Gazprom (MCX:GAZP), Russia’s natural gas export monopoly, owned by the Russian government. That same year, Gazprom earned $37.9 billion, the biggest profit of any company in the world. Ivanishvili is so rich, his $5 billion fortune is almost half Georgia’s total GDP.

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