Kyiv Post

This Is Why Putin Won’t Stop the War

Zero territory gained. 35,000 casualties in one month. But is Russia “winning?” Well, its Russian billionaires have just doubled their fortunes. Putin’s war in Ukraine is draining Russian soldi

Zero territory gained. 35,000 casualties in one month. But is Russia “winning?” Well, its Russian billionaires have just doubled their fortunes. Putin’s war in Ukraine is draining Russian soldiers, Russian families, and the Russian state, but it is also feeding a class of Kremlin insiders who have become richer while the country absorbs the cost. Russian billionaires, wartime contractors, oligarch networks, and loyal power brokers sit at the center of a war economy where destruction keeps money moving upward. Russia’s army is gaining less ground at higher human cost, yet the political system keeps rewarding the men who profit from emergency budgets, military procurement, energy flows, logistics contracts, and state protection. The war looks disastrous on the battlefield, but inside Putin’s patronage system, it can still function as a giant transfer of wealth from the public to the elite. Follow our coverage of the war on the @Kyivpost_official . Kyiv Post’s Jason Jay Smart breaks down why the Russia-Ukraine war continues even when the military return keeps getting worse, how the Kremlin’s $696 Billion elite wealth structure exposes the real incentives behind Putin’s decisions, and why the pressure point is not only the Russian army. The deeper target is the profit machine behind the army.