Georgian billionaire to appeal court's decision over citizenship

Georgian billionaire Bidzina Ivanishvili, who announced previously he would run for president, will appeal against the Tbilisi Court's decision to uphold a presidential order stripping the billionaire of his Georgian citizenship, News Georgia reports. 

In March 2010 Ivanishvili received French citizenship, which formally became the reason for stripping him of his Georgian citizenship nineteen months later.