Russia has largest number of tycoons in Europe

[Kshasty]

Russia has the largest number of billionaires among the European countries, Forbes magazine has said.

According to the Forbes' annual list of word's richest people the number of billionaires in Russia has risen to 62 from 32 last year.

The list of Russian billionaires widened due to 28 returnees who had fallen off last year's list amid a meltdown in commodities. Over 2008, a total of 55 rich Russians were excluded from the prestigious list due to the economic crisis.

Vladimir Lisin, the owner of the Russian steel giant Novolipetsk Steel, is Russia's richest person with a fortune of $15.8 billion, according to Forbes. The tycoon occupies the 32nd position in the magazine's list of world's richest people.

Mikhail Prokhorov, the president of Onexim Group who topped last year's rankings, is second in the 2010 list of richest Russians with an estimated wealth of $13.4 billion. TNK-BP interim CEO Mikhail Fridman is Russia's third richest person, with a $12.7- billion wealth.

RusAL CEO and owner Oleg Deripaska, who topped the 2008 list of richest Russians, fell from the Forbes' Top 10 Richest Billionaires to the 164th position in this year's list, with an estimated wealth of $10.7 billion.

http://en.rian.ru/russia/20100311/158155652.html

[sharp_stick]

1. delete wrong spot

[izquierdista]

2. The Bolsheviks would know what to do with them

Life for the average Russian got a lot better under the Communists. If the top 62 continue to take all the wealth of the country for themselves, there are plenty of wells in the Urals in which to put them all.

[provis99]

3. and every single one of them is a criminal.

congratulations Russia! You got rid of communism to turn the days back to the time of the Czars!

[raccoon]

4. You mean Russia is now the land of opportunity? The land of the Horatio

Algerovich hero? :sarcasm:

[golfguru]

5. Latest count of Billionaires in Russia = 77

I am sorry I lost the link to above news, but I can vouch
it was in a reliable news article.

Russia also has 13% flat rate income tax.