Economics
What Sanctions? Russia’s Richest Are Biggest Winners This Year
- The country’s wealthiest have expanded their fortunes by 10.8%
- U.S. top 10 are second, as Chinese billionaires slump
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The mood among the average Russian may be souring with inflation eating into their purchasing power, but the country’s richest are world beaters when it comes to making money.
The 10 wealthiest people in Russia have added more to their fortunes year-to-date than any of their counterparts globally, with a 10.8 percent increase, according to the Bloomberg Billionaires Index. They’re followed by U.S. tycoons at 7.5 percent. Britain’s elite billionaires are up 3.4 percent, despite contentious Brexit negotiations and worsening relations with Moscow.