Accessibility links

Breaking News

From Super-Rich To Super-Loser


From AP:

MOSCOW (AP) -- Russia's super-rich are also super-losers in the financial crisis, according to the business magazine Finans, which said Monday the top 10 wealthiest Russians lost about two-thirds of their fortunes over the past year.

The magazine's annual list of Russia's richest shows them suffering breathtaking losses as the country faces its worst financial crisis in a decade. Oleg Deripaska, who had topped Finans' list in the previous two years, fell to eighth place after losing some 85 percent of his wealth - down to $4.9 billion from $40 billion, Finans estimated.

-- Luke Allnutt

About This Blog

Written by RFE/RL editors and correspondents, Transmission serves up news, comment, and the odd silly dictator story. While our primary concern is with foreign policy, Transmission is also a place for the ideas -- some serious, some irreverent -- that bubble up from our bureaus. The name recognizes RFE/RL's role as a surrogate broadcaster to places without free media. You can write us at transmission+rferl.org

Latest Posts

XS
SM
MD
LG