Russian billionaires 'impoverished' by $32 billion due to Putin's aggression against Ukraine - ForumDaily
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Russian billionaires 'impoverished' by $32 billion due to Putin's aggression against Ukraine

The wealth of the 23 richest businessmen in Russia decreased by $32 billion due to the aggravation of the situation around Ukraine, reports Voice of America.

Photo: Shutterstock

According to the Bloomberg Billionaires Index, which analyzes information about the value of the assets of the 500 richest people on the planet, Gennady Timchenko, a member of the board of directors of Sibur and Novatek, suffered the greatest losses. His fortune in 2022, according to the agency, decreased by almost a third to $16 billion.

On the subject: The United States imposed sanctions on public debt, officials and banks of Russia: all meetings between politicians of the two countries are canceled

On the eve of sanctions against Timchenko, who is called a friend of President Putin, the United Kingdom introduced him: he was banned from entering the country and his British assets were frozen.

Novatek CEO Leonid Mikhelson has lost more than $6 billion since the beginning of the year, and Lukoil CEO Vagit Alekperov lost $3,5 billion.

According to the list of Russian billionaires, which includes 23 people, their net worth is now $343 billion, up from $375 billion at the beginning of the year.

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Sanctions against Russia in connection with Moscow's recognition of the independence of the separatist republics of Donbass may cause an even greater reduction in the fortunes of Russian billionaires.

Miscellanea At home Russian billionaires loss of money crisis in Europe
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