Hurun billionaires defy pandemic with record growth

Despite the disruption caused by COVID-19, eight new dollar billionaires were created on average each week…

More Russian IPOs planned as investors return to Moscow

Foreign investors are being lured back into Russia by businesses seeking to tap the public equity and…

Norisk Nickel CEO Potanin tops Bloomberg list of Russian billionaires

US publisher Bloomberg  has named Nickel CEO  Vladimir Potanin Russia’s richest man with assets valued at $14.7bn in its…

$4.5bn financing deal makes Jack Ma Asia’s richest man – Bloomberg

Alibaba founder and chairman China’s Jack Ma has overtaken his compatriot and Dalian Wanda owner Wang Jianlin…

Vkontakte founder makes it onto Forbes top 200 Russian rich list

Pavel Durov — the founder of Russia’s most popular social network Vkontakte and mobile messaging app…

Number of Beijing billionaires overtakes New York

Beijing billionaires: There are now more billionaires in Beijing than in New York, according to this  year’s  Hurun…

Rotenberg expected to gain control of Sheremetyevo airport

Vladimir Putin’s long-time judo sparring partner Arkady Rotenberg and his billionaire partner Alexander Ponomarenko, are set to…

Gutseriyev clan overtakes Rotenbergs as richest dynasty

Oil  billionaire Mikhail Gutseriev, his brothers Said-Salam and Khamzat and nephew Mikhail Shishkhanov have overtaken Arkady and…

‘Kremlin’s banker’ Sergei Pugachyov sues Russia for £15bn

Sergei Pugachyov, once know as the  Kremlin’s banker, is suing Russia for $15bn over what he describes as…

Alibaba opens registered office in Russia as AliExpress corners the market

China’s Alibaba Group has opened a registered office in Russia, where its online retail  operation AliExpress already attracts…

Two Russian billionaires in UK’s ten richest but Ukrainian tops the Sunday Times list

Two Russian billionaires – Alisher Usmanov and Roman Abramovich  – are among the top richest people in the…

United Wagon Company plans partial flotation to fund product development

Russian rail car manufacturer United Wagon Company is planning to float at least 10 % of its…

Russian billionaires’ club loses 23 members thanks to economic crisis

Russian billionaires: The number of Russian billionaires fell from 111 to 88 last year as the country’s…

Kuban Agroholding in talks with Chinese and Arab investors

Kuban Agroholding is in talks with Chinese and Arab strategic investors and funds about the sale of a…

Russia reviews public procurement process as Forbes publishes list of “private club”

Russia reviews public procurement process: The rationale behind the determination of Russia’s Federal Antimonopoly Service (FAS)…

US freezes $640m of Russian billionaires’ assets

US freezes $640m of Russian billionaires’ asset: Banks controlled by three billionaire friends of Russian President Vladimir…

Fridman threatens to sue UK over North Sea oil fields

Fridman threatens to sue UK: Russian billionaire Mikhail Fridman has gone ahead with the acquisition of…

Forbes Rich List loses 33 Russian billionaires

Forbes Rich List: 33 Russian billionaires have fallen off  this year’s ranking of the world’s richest…

North Sea oilfields sale to Russian oligarchs under threat from UK

North Sea oilfields sale: The UK government is threatening to block the sale of 12 North Sea oil…

Fabio Capello’s wages to be paid by Usmanov on Minister’s request

Fabio Capello:  On the request of  Sports Minister Vitaly Mutko, the  Russian oligarch and billionaire Alsher…

Ukrtelecom Crimean network disabled as recriminations fly

Ukrtelecom Crimean network disabled: Ukrtelecom, which until yesterday boasted 80% of Crimea’s fixed-line subscribers as its…

Hurun Global Rich List counts more Indian billionaires than Russian

Hurun Global Rich List: There are more Indian billionaires in the world than Russians for the first time,…

Crimean bridge contract goes to Putin ally Rotenberg

Crimean bridge contract: SGM, the construction and civil engineering owned by billionaire and Putin ally Arkady…

Kerch Strait bridge contract goes to Rotenberg

Kerch Strait bridge contract:  Arkady Rotenberg’s Stroygazmntazh (SGM)  looks to be on the point  of winning the…