"Russian Billionaires Have Lost More Than $14 Billion In 2014"

[applegrove]

Russian Billionaires Have Lost More Than $14 Billion In 2014

by Meagan Clark at the International Business Times/Business Insider

http://www.businessinsider.com/russian-billionaires-have-lost-14-billion-in-2014-2014-7

"SNIP.............................



Russia’s wealthiest have lost billions of dollars since the beginning of the year, as Western sanctions against the country over its involvement in Ukraine continue tightening their grip over the weak economy.

Russia’s 19 billionaires have lost $14.5 billion since January, data from the Bloomberg Billionaires Index shows. America’s 64 billionaires have gained $56.5 billion over the same time period.

Alisher Usmanov, Russia’s richest man who amassed his fortune through steel and iron ore mining, has lost $2.5 billion so far this year, dragging his net worth down nearly 13 percent to $17.7 billion.

Russian steel tycoon Vladimir Lisin has lost $2.4 billion, nearly 17 percent of his net worth, and businessman Andrey Melnichenko has lost $2.1 billion, about 14 percent of the value of his assets. The highest gain of any Russian billionaire is $1 billion


.............................SNIP"

[applegrove]

1. Who says Obama isn't tough. Bet this won't make the MSM

[Roy Serohz]

3. I'm not gonna make that bet,

because you're 100% correct.

[samsingh]

2. that's a huge drop - another 30% would be interesting

[conservaphobe]

4. This hurts way worse than a bomb ever would.

It's what brought the Iranians to the table and look at what we've achieved there.

Every liberal should support sanctions as an alternative to unnecessary bloodshed.

[HooptieWagon]

5. Whether or not they're Putin's "buddies"...

... they will likely bring some pressure to bear on him.

[Cha]

6. Wow! you'd think they be complaining to ol Putin. What was that whiny ignorant thread about all

Obama had was blaming this on Putin?

Mahalo apple!

[freshwest]

7. There are so many. And more signed up today to diss Obama. Facts don't matter, only spin.

[Cha]

8. LIttle Kochroaches are coming out of the woodwork.

[sheshe2]

10. I read a few, minutes before they were nuked, freshwest.

[davidn3600]

9. Thing is, the rich don't really have much say in political foreign policy

Putin has like an 80% approval rating. There really is no good and strong opposition to United Russia party.

Russia has never been very good with democracy.

[Sognefjord]

11. As Josef Stalin said, "The muzhik only understands one." One leader.

Seems to still be true.

[tblue37]

12. Good. I hope they are barking at their buddy Putin about it. nt