Sharp decline in number of Russian billionaires – Forbes ...News

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Sharp decline in number of Russian billionaires – Forbes
The fortunes of those who remain on list of the country’s richest people have shrunk due to sanctions The unprecedented sanctions introduced against Russian individuals since the beginning of Moscow’s military operation in Ukraine have drastically reduced the list of Russia’s wealthiest people, according to the latest estimates by Forbes. Moreover, data tracked by the magazine shows that those remaining at the top of the country’s rich list saw their fortunes dwindling. Alexey Mordashov, the chairman of steel giant Severstal, has led the list of the biggest losers, with his wealth dropping $11.1 billion during 202

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