Hate Beast
April 18th, 2008, 05:38 PM
The salient truth gets but a footnote ...
A billion dollars not enough for Russian rich list
Forbes said that Russia's richest 100 people had a combined fortune of $522 billion -- 3.8 times more than the total when Forbes first published a Russian list in 2004.
Russia has 50 more billionaires than a year ago -- 110 compared with 60. This year $1.1 billion was required to break into the top 100, compared with $660 million a year ago.
Another reason for the increase in dollar billionaires, Forbes said, was the fall in the value of the U.S. currency.
http://www.reuters.com/article/businessNews/idUSL189270520080418?feedType=RSS&feedName=businessNews
A billion dollars not enough for Russian rich list
Forbes said that Russia's richest 100 people had a combined fortune of $522 billion -- 3.8 times more than the total when Forbes first published a Russian list in 2004.
Russia has 50 more billionaires than a year ago -- 110 compared with 60. This year $1.1 billion was required to break into the top 100, compared with $660 million a year ago.
Another reason for the increase in dollar billionaires, Forbes said, was the fall in the value of the U.S. currency.
http://www.reuters.com/article/businessNews/idUSL189270520080418?feedType=RSS&feedName=businessNews