Contents tagged with Potanin
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Five Russian billionaires earned more in 2019 than the entire population of Russia
At a time when the incomes of most Russian citizens are still stagnating after a record dip since the 1990s, Russia’s billionaires have continued to amass wealth at a startling rate.
According to Forbes, the five wealthiest Russians became $27 billion richer.
Converted to rubles at the current exchange rate, Nornickel stakeholder Vladimir Potanin, Novatek co-owner Leonid Mikhelson, Lukoil president Vagit Alekperov, Vladimir Putin’s “friend” Gennady Timchenko and Power Machines’ owner Alexey …
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One more Russian billionaire asks Putin for bailout
Not long after Vladimir Potanin asked for budget assistance to help fund Nornickel’s ecological projects, another Russian billionaire has approached Russian President Vladimir Putin to solicit a government bailout, finanz.ru reports.
Leonid Mikhelson, co-owner of Novatek and the third richest person in Russia with an estimated $18 billion according to Forbes, claims to be in need of 900 million rubles to speed up the construction and activation of the liquefied natural gas (LNG) transshipment …
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Media: sanctions force Russian oligarchs to sell their yachts
Russian billionaire oligarchs Alexander Mamut and Vasily Anisimov, the 42nd and 68th richest Russian citizens according to Forbes are hurrying to sell their yachts, reported Russian news agency Primechaniya.
Mamut sold his elite yacht Kibo for 129 million dollars. The new owner whose name is unknown rechristened the yacht Grace. It is now sailing in the Gibraltar. The vessel was originally built in a German shipyard in 2014. Among its luxurious furnishings is a table covered with leather made …