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