Russian billionaires see wealth rise to over half a trillion dollars FMTNews FMTBusiness
The list of Russian billionaires would have been longer if not for five businessmen, including DST Global founder Yuri Milner, renouncing their citizenship.
The list would have been longer had not five billionaires – DST Global founder Yuri Milner, Revolut founder Nikolay Storonsky, Freedom Finance founder Timur Turlov, and JetBrains co-founders Sergei Dmitriev and Valentin Kipyatkov – renounced their Russian citizenship, Forbes said. Putin said the West was trying to destroy Russia and has repeatedly touted the failure of Western sanctions to destroy the Russian economy, or even stop Western luxury goods – let alone basic parts – from ending up in Russia.
The price of Urals oil, the lifeblood of the Russian economy, averaged US$76.09 per barrel in 2022, up from US$69 in 2021. Fertiliser prices were also high last year. Vladimir Lisin, who controls steelmaker NLMK and was ranked last year as Russia’s richest man, was placed third in the Forbes Russia list with a fortune of US$22.1 billion. Lisin could not be immediately reached for comment on the Forbes ranking.Building fortunes as the Soviet Union crumbled, a small group of tycoons known as the oligarchs persuaded the Kremlin under late President Boris Yeltsin to give them control over some of the biggest oil and metals companies in the world.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Kyiv targeted by Russian drones after 25-day lullAir raid sirens rang out briefly in the Ukrainian capital yesterday evening.
Read more »
3 hurt after Russian plane accidentally fires into city near Ukraine3 hurt after Russian plane accidentally fires into city near Ukraine FMTNews FMTWorld
Read more »
Badminton-Badminton federation extends ban on Russian and Belarusian athletes(Reuters) - The Badminton World Federation (BWF) has maintained its ban on Russian and Belarusian athletes participating in international tournaments, the governing body said on Thursday.
Read more »
Chikunova sets 200m breaststroke world record in Russian championshipsChikunova sets 200m breaststroke world record in Russian championships FMTNews FMTSports
Read more »
UK sanctions officials behind arrest of Kremlin critic Kara-Murza | The Malaysian InsightForeign minister says conviction demonstrates Russia’s contempt for human rights.
Read more »
AP image of Mariupol hospital attack wins World Press PhotoAMSTERDAM: Associated Press photographer Evgeniy Maloletka won the World Press Photo of the Year award on Thursday for his harrowing image of emergency workers carrying a pregnant woman through the shattered grounds of a maternity hospital in the Ukrainian city of Mariupol, in the chaotic aftermath of a Russian attack.
Read more »