Ranks of Russian billionaires grow – Forbes ...News

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Ranks of Russian billionaires grow – Forbes
The publication’s rich list saw more than 20 new names added in 2022 Many Russian businessmen saw their profits soar last year despite the pressure of Western sanctions and the volatile state of the global economy, Forbes reported on Friday. The latest Forbes Russian billionaire list now includes 110 names compared to 88 a year earlier. The businessmen who managed to pass the threshold to become billionaires did so thanks to the recovery of the country’s stock market, the outlet noted. Domestic stocks initially collapsed shortly after the start of Russia’s military operation in Ukraine, but later rebounded as the

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