The Financial Times profiles the new Russian owner of 2% of Facebook.

Mr Milner's story, like his growing portfolio, combines American ideas with Russian opportunities. The son of an economist and a doctor, he studied particle physics at Moscow State University and worked as a researcher at the Soviet Union's prestigious Academy of Sciences.

As the transformation of the country accelerated in 1990, "instead of sticking around and doing useful stuff like privatising oil companies, I went to the US to study," Mr Milner jokes. He became the first Russian graduate of the Wharton School of Business, after which he spent three years at the World Bank working on Russia's emerging financial sector. He then joined Menatep, the bank founded and formerly owned by Mikhail Khodorkovsky, the oil tycoon arrested in 2003. Mr Milner set up

...