29.7 C
New York
July 1, 2025
Business europe news Roman Abramovich Russia Ukraine Vladimir Putin World news

Russian oligarchs lose $95bn in 2022 amid sanctions after Ukraine war

Russian oligarchs lose bn in 2022 amid sanctions after Ukraine war

Roman Abramovich’s fortune fell by 57% to $7.8bn, as the UK government froze more than £18bn of assets belonging to Russians

The richest Russian oligarchs have lost almost $95bn this year amid strict sanctions imposed by western nations over the Ukraine war – shedding $330m a day since the Kremlin launched its invasion.

Roman Abramovich, the former Chelsea FC owner, was the biggest loser, with his fortune falling by 57% to $7.8bn this year, according to the Bloomberg billionaires index.

Continue reading…

Related posts

Micheál Martin vows to protect Ireland ‘at moment of real threat’

TheWorldsNews

Russia-Ukraine war live: Zelenskiy visits Bakhmut as Putin admits situation in parts of Ukraine ‘extremely difficult’

TheWorldsNews

More than 1m people gather in Paris to watch New Year’s Eve fireworks display – video

TheWorldsNews

Pin It on Pinterest

Share This