It could be worst, he could have invested in Russian loans like Louis, his French counterpart, and not recoup anything past 1917. https://www.cadtm.org/Russian

It could be worst, he could have invested in Russian loans like Louis, his French counterpart, and not recoup anything past 1917. https://www.cadtm.org/Russian-bonds-never-die https://www.cadtm.org/Russian-bonds-never-die (basically, the Russian Empire borrowed a lot of money (several billions of Gold Francs), specially in France, and the Soviets, when they came to power, defaulted on these debts). When Emptying the house of my late grand-mother after she died we actually found a few of these bonds. I got one and, now, it's in a frame as part of my home decoration (I didn't feal like asking Mr. Putin for my ancestors' money back).