Will have to sell the giraffe
Posted on 04/09/2018 5:12:07 PM PDT by GoldenState_Rose
Russia’s 50 richest businessmen have reportedly lost close to $12 billion in the days after the United States imposed a new wave of sanctions...
According to the Forbes magazine’s real-time ranking, metals tycoon Vladimir Potanin was the biggest total-value loser with $1.5 billion wiped out. Potanin, part-owner of Norilsk Nickel, was not targeted by the U.S. Treasury Department in its latest wave of sanctions.
Fellow steel tycoon Oleg Deripaska, who has stakes in eight of the 15 entities hit with sanctions, followed with an estimated $1.3 billion erased from his $6.7 billion net worth. Deripaska led the list of Russians to have lost after the sanctions in percentage terms, having almost a quarter of his fortune decimated in a day.
Sanctions-hit member of Russia’s Federation Council Suleiman Kerimov rounded out the top-three with estimated losses of $1.2 billion. Russia’s ninth-richest businessman Viktor Vekselberg, also on the U.S. sanctions list, lost just under $1 billion.
Seven sanctioned Russian oligarchs on the U.S. sanctions list lost an estimated $3.3 billion on Monday and posted a cumulative net worth of $32.5 billion, the Vedomosti business daily reported.
(Excerpt) Read more at themoscowtimes.com ...
Any Russian Uranium tycoons affected? They especially deserve all we dish out.
This is how the game is played with those who really know how, and not some poly-tish-eeean!!
I’m sure they’re still richer than anyone here can ever dream to be.
Are these the ones that were living it up in England for years?
Will have to sell the giraffe
I know Deripaska does. Only because I remember reading a random British newspaper profile of his family and it emphasized that his son has a British accent due to live-in British governess.
TS Bump
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