The article has been automatically translated into English by Google Translate from Russian and has not been edited.
Переклад цього матеріалу українською мовою з російської було автоматично здійснено сервісом Google Translate, без подальшого редагування тексту.
Bu məqalə Google Translate servisi vasitəsi ilə avtomatik olaraq rus dilindən azərbaycan dilinə tərcümə olunmuşdur. Bundan sonra mətn redaktə edilməmişdir.
Russian oligarchs have lost 11 billions of dollars over 10 days
Фото: Depositphotos
The fall in oil prices and the ruble exchange rate has led to the fact that the richest people of Russia suffer great losses. After oil prices dropped below 30 dollars per barrel, Russian oligarchs lost more than 11 billions over 10 trading days on the stock exchange, reports Daily Telegraph journalist John Fysenek.
Roman Abramovich, who earned billions of dollars from the sale of the Sibneft oil corporation and currently owns the Chelsea football club, incurs losses of approximately 820 million dollars.
In turn, steel tycoon Alisher Usmanov, who owns the third Arsenal club, has lost 910 million dollars since the beginning of the year.
The fall in asset prices around the world has particularly affected the Russian rich. Vladimir Potanin, one of the richest people in Russia, lost a billion dollars to 1,3, and the head of the Novatek gas company, Leonid Mikhelson, broke up with 1,5 billion dollars.
In total, 13 of Russia's richest oligarchs, who have billions of dollars in 130, have lost 11,1 billion dollars since the beginning of this year.
"In the face of political uncertainty in Russia, many oligarchs decided to take their money out of the country, which, in turn, provoked an increase in asset prices around the world," said Daily Telegraph.
At the same time, the problems of Russian billionaires were aggravated by the difference in expenditures in dollars and pounds, while revenues from their Russian companies were received in rubles.
Roman Abramovich became the most famous Russian oligarch abroad. Abramovich made his fortune by selling for 3 billion dollars his stake in RUSAL in 2003 a year and earning 10 billions from the sale of Gazprom to Sibneft.
Despite the crisis, foreign real estate Abramovich shows a good result. Abramovich constantly increased the number of his property in London, before he put it up for sale three years ago. Abramovich’s most practical investment decision was to hold large amounts of cash (more than 6 billion dollars) around the world.
“On the whole, Russian oligarchs are suffering heavy losses due to shrinking markets, which obviously put an end to the era of their expanding influence.”, - sums up the author of the Daily Telegraph.
As wrote earlier ForumDaily, the dollar against the ruble beat up historical maximum. The ruble is falling every day.
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