Russia-Ukraine Crisis: The wealth of the rich of Russia was destroyed in the fire of war, know how much their wealth decreased

Russia-Ukraine Crisis: The wealth of the rich of Russia was destroyed in the fire of war, know how much their wealth decreased

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new Delhi. The impact of the Russia-Ukraine Crisis has not only been on the markets, but the wealth of the rich has also been affected. The wealth of Russia’s rich has decreased by $ 32 billion this year. America, England and Germany have imposed sanctions on Russia after sending troops to eastern Ukraine. Russian rich and companies have also been targeted.

After the action of sending troops to Ukraine, the US banned the sale of Russian sovereign bonds abroad on 22 February. England has also banned five Russian banks. Russia’s three emirs Gennady Timchenko, Boris Rotenberg and Igor Rotenberg have also been banned. Germany has halted an energy project with Russia.

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Gennady Timchenko’s wealth decreased the most
According to the Bloomberg Billionaire Index, Gennady Timchenko’s wealth has declined the most. His wealth has declined by a third. Now he has assets of about $ 16 billion. A large amount of this has come from Russia’s gas producing company Novatek. He also has investments in transport and infrastructure companies. His money is also invested in Rosia Bank, which has been banned by England.

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Loss to these two billionaires too
The wealth of another Russian businessman Leonid Mikhelson has declined by $ 6.2 billion. Vagit Alekperov has suffered a loss of about $ 3.5 billion. He is the chairman of Russia’s largest independent oil company LookOil. The company’s shares have fallen 17 percent this year. Alekperov holds about one-fourth percent stake in this company.

$ 343 billion in wealth
British Prime Minister Boris Johnson has also announced sanctions on Boris Rotenberg and his nephew Igor. Both of them are co-owners of Russia’s largest gas pipeline construction company StoryGazmontaz. Currently, the total wealth of 23 billionaires of Russia is $343 billion. This has decreased significantly from $375 billion at the end of 2021.

Tags: rich, Russia, Ukraine

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