Russian billionaires down by 50%
February 16, 2009
The number of Russian billionaires is sliced by 50% following the global recession. The assets of top 10 billionaires are shaved by two-thirds in the last year. From around 101 billionaires in Russia the list is now down to 49, states Finans’ a financial weekly.

In order to get into the billionaires list, the criterion was USD 15 billion last year, but now the norms are just USD 4.5 billion, quoted the finance weekly.

The wealthiest Russian, Mikhail Prokhorov, President of Onexim Group is considered super rich in Russia. The once topper, Deripaska, son-in-law of Valentin Yumashev, chief of staff of ex-president Boris Yeltsin slipped to the eighth position with USD 4.9 billion, losing USD 40 billion in 2007.

The second place is taken by former governor of Chukotka, Roman Abramovich, owner of Chelsea Football Club with USD 13.9 billion, followed by Vladimir Lisin of Novoliptesk steel plant with USD 7.70 billion.

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