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Russian Tycoon Lebedev Punches Talk Show Guest

WATCH: Russian tycoon Aleksander Lebedev becomes embroiled in a punch-up with a fellow guest on a TV talk show.

Russian billionaire Aleksander Lebedev hurled punches at a fellow Russian businessman during a pre-recorded television talk show.

Sergei Polonsky goaded Lebedev on the pre-recorded show, announcing that he would rather punch someone than discuss financial issues with oligarchs.

"Do you want to try it out?" Polonsky asked.

Lebedev answered by punching Polonsky in the face, throwing him off his metal stool and sliding alongside the stage.

Lebedev, 51, is a former KGB operative who owns two major newspapers in Britain.

He made billions trading stocks and bonds after the 1991 collapse of the Soviet Union. Polonsky himself is a one-time billionaire who lost part of his fortune during the economic crisis.

compiled from agency reports