Billionaire Privacy Warrior Ditches Kremlin for Dubai Tax Haven
KEY POINTS
- â˘Pavel Durov, founder of Telegram, recently relocated from Russia to Dubai for tax benefits.
- â˘His messaging platform, now valued at $30 billion, has reached 1 billion users as of March 2025.
- â˘Despite his success, Durov faces legal challenges in France related to activities on Telegram.
Pavel Durov, Russia-born kingpin of Telegram, just hit $17.1B net worth as of 2025 with his billion-user, $30B messaging empire where he proudly sits as sole shareholderâtake that, boring board meetings! Born a Soviet intellectual, he cofounded Telegram with brother Nikolai in 2013 after cashing out $300M from Vkontakte (2006-2014), the Russian social site Kremlin loved to hate. Post-SWAT raid exile to Dubai followed his 2017 move, charming locals with tax-free money magic. Telegram raked in over $1B revenue in 2024 amid Kremlin bans and cult-like protests holding saintified Pavel signs. Also, a $2.4B debt mountain and a $50M crypto username side hustle (in just 5 weeks, with 5 people, including himself). Well, when youâre proudly independent and quietly burning oligarch bridges, 100% owner is just how you roll!
Share the Story
Source: Businessinsider | Published: 11/13/2025 | Author: Marielle Descalsota,Katie Balevic,Lakshmi Varanasi