Russia officially has 110 billionaires, 22 more than last year, according to the Russian version of Forbes magazine.
Russia’s rich saw their fortunes grow by $152 billion last year due to rising natural resource prices, reeling from losses after the war in Ukraine began, the Russian edition of Forbes reports.
Russia officially has 110 billionaires, up 22 from last year, reports Forbes Russia, which estimates their total fortune at $505 billion, up from $353 billion a year earlier.
A world fortune of 505 billion dollars
The list of Russian billionaires would have been longer if five billionaires had not renounced their Russian citizenship.
“The results of last year’s estimate were also influenced by doomsday predictions about the Russian economy,” Forbes said, adding that the total wealth of Russian billionaires was $606 billion in 2021, before the beginning of the war in Ukraine.
Source: BFM TV
