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The nonprofit has pledged about $650 million to fight the disease, while also betting on early-stage cancer research companies. That adds another layer of protection to Knaster’s fortunes and distances him from his past at a time of massive sanctions against those affiliated with Russia’s fortunes. “From a strategic point of view, he made a brilliant move to put his assets into this philanthropic foundation,” said US academic David Lingelbach, who headed Bank of America’s Russia operations in the 1990s and had dealings with Knaster. “I’m sure Mikhail Fridman wished he did something like that.” Knaster was described as the “right arm” of Russian billionaire Mikhail Fridman at one point. Credit: AP Knaster declined to comment through a spokesman. Money trail Like others close to Russian money, Knaster was unable to completely erase the origins of his fortune, about half of which was tied up in Pamplona. His rise from mid-level bank execut...

Collingwood said former players Leon Davis and Andrew Krakouer had returned to the AFL club just three months after the pair cut ties with the Magpies for failing to address a series of racist incidents during their playing days. Key points: Davis, Krakouer and Heritier Lumumba cut communication with the club, saying the Magpies had no intention of confronting racism. Krakouer and Davis have now been hired by Collingwood “to better inform the ongoing cultural change at the club” The “telling the truth” process is a recommendation from the Do Better report around the issue of racism in clubs In April, former team-mate Heritier Lumumba said he, Davis and Krakouer cut communication with Collingwood because the club had no intention of acting in “good faith” to confront the racism experienced by players at the club. But in a statement, the Magpies announced that Davis and Krakouer had been hired by the club. “Leon and Andrew recently shared their experience of ...