Contents tagged with Timchenko
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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 …