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Magnit, Russia’s largest supermarket chain, is not allowing the financial crisis in the country prevent it from becoming even bigger. Even with the constant...
Sanctions are taking a bite out of Alfa ban, which has Mikhail Fridman as its larges shareholder. The bank announced that it is closing...
Sanctions, tanking oil prices and the freefall in the ruble have altered many fortunes, particularly the Who’s Who on the Russian’s Rich List....
Businessman German Khan is one of the Russian billionaires who have lost more than $50 billion in 2014, CNN Money reported on December 16....
Russia’s oligarchs are no strangers to misfortune, asset grabs, forced investments and financial crises. Many of them may publicly shrug off a 40 percent...
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– Russian tycoon Mikhail Fridman is trying to improve his fortunes in the face of sanctions by forming an oil and gas concern,...
U.S. sanctions against Russia are taking their toll against Russia’s wealthiest people. The Bloomberg Billionaires Index shows a $14.6 billion loss since the beginning...
– An energy website has just put together a list of the top five private billionaires with energy interests. – The world oil and gas industry...
– Blavatnik bought the work “Gone But Not Forgotten” which was donated by international artist and sculptor Damien Hirst at an auction held during...