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FILE - In this Wednesday, Jan, 2, 2008 file photo Russian President Vladimir Putin, right, listens to the state-controlled natural gas monopoly Gazprom CEO Alexei Miller as they tour the newly opened alpine ski center that will be used in the 2014 Olympics at Krasnaya Polyana in the southern Russian Black Sea resort of Sochi. The names of Russia’s business powerhouses have taken over the mountains of Sochi, now the home of Potanin’s slope, Gazprom’s gondola lift and Sberbank’s ski jump. These names, used by local residents and an army of construction workers, leave no doubt about who is paying for next year’s Winter Games.
RIA Novosti, Dmitry Astakhov, Presidential Press Service, File/AP Photo

Russian oligarchs foot most of 2014 Sochi Olympics

The mountains of Sochi are now home to Potanin's slope, Gazprom's gondola lift and Sberbank's ski jump. The nicknames used by locals and an army of construction workers leave no doubt about who is paying for the 2014 Winter Games: Russia's business powerhouses.

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