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Russian billionaires lost $39 billion in 1 day after Ukraine invasion
short by Kiran Khatri / on Friday, 25 February, 2022
The net worth of Russia's 22 richest individuals plunged by a combined $39 billion in one day after the invasion of Ukraine, according to Bloomberg Billionaires Index. The wipeout came as Moscow's benchmark index closed 33% lower on Thursday, recording the fifth-worst plunge in market history. Lukoil Chairman Vagit Alekperov lost the most as his fortune fell by $6.2 billion.
read more at BloombergQuint