Number of Billionaires in Russia Shoots Past 100
February 19th, 2008 •
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As President Vladimir Putin prepares to step down in March, Russian analysts are busy discussing the results of Putin’s eight years in office. One of the most striking aspects of the president’s legacy may be the proliferation of the super-rich.
A new report from the Russian weekly Finans Magazine counts 101 billionaires (measured in US dollars) who have residence in Russia. A 2002 count by Forbes Magazine, early in Putin’s presidency, put that number at 7. Russia is now second only to the United States for the total number of billionaires.
And we need to eat more chocolate.
