Russia ranks sixth in the world in terms of the number of billionaires© RIA Novosti. Mikhail Kutuzov
MOSCOW, October 5 (RIA Novosti)
Russia ranks sixth in the world in terms of the number of billionaires, according to a report on state-run TV channel Vesti.
Ranking just above Hong Kong and just below India, Russia is home to 97 billionaires – 17 more than in the previous year – who are worth a collective $380 billion, the report said.
Russia’s billionaires now represent more than 60 percent of the country’s entire wealth.
Despite ongoing global economic hardship, the world's billionaires saw their worth increase by 14 percent, or $760 billion, to $6.19 trillion, according to the report.
Add to blog
You may place this material on your blog by copying the link.
Image Galleries: Removing Protesters’ Barricades in Kiev
Infographics: First Russian Smartphone
Russia has become very adept in playing the diplomatic game, in which victory depends on choosing the right associate or partner. But there are a growing number of claimants to this role in the new horizontal and interdependent world. Aside Syria and Iran, being still important, the new venues for the application of practical diplomacy may well be Ukraine, the East China Sea and Afghanistan.