Volozh’s Amsterdam-based Nebius Group NV, which provides cloud computing for AI services, has gained almost 85% since it resumed trading in October. The gains have propelled his family trust’s 13.1% stake in the company to a value of $1.1 billion.
Volozh, once one of Russia’s richest men, is rebounding from a turbulent period during which he led Yandex, the local equivalent of Google. After the invasion of Ukraine, Nasdaq suspended trading ...