The richest Russians lost $ 83 billion due to sanctions

According to the latest index of billionaires Bloomberg, the richest people in Russia they lost about a third of their wealth in the past week due to Western sanctions on Russia imposed over the invasion of Ukraine.

According to the index, the impact of sanctions from the US and the EU against Russian oligarchs and the fall of the ruble have reduced their total wealth by $ 83 billion since the start of the military operation launched by Moscow.

The report says that the wealth of some of them is halved, a biggest loser in dollars is Gennady Timchenko from an investment and asset management company Volga Group, whose wealth fell from $ 22 billion to $ 10,3 billion.

Vladimir Potanin, head of the nickel manufacturer Norilsk Nickel, is the richest man in Russia and is ranked 58th in the Bloomberg Billionaires Index with $ 24,4 billion. There have been no sanctions against him so far, but he has lost about a quarter of his fortune.

Leonid Mickelson, CEO of the Russian energy company Novatek, the second richest man in the country, lost $ 11 billion and now has $ 21,6 billion. It is ranked 69th in the Bloomberg Index.

The fortune of the third richest man in Russia, the mining tycoon Alexei Mordashov, on which the EU imposed sanctions, fell by more than $ 5 billion and is now worth $ 21,2 billion.

The fortunes of Russian tycoons have begun to melt since Moscow launched its invasion of Ukraine last week. The richest people in the country lost a total of $ 39 billion in less than 24 hours.

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