February 14, 2011 By Citizen M

Russia’s Billionaires Back in Business

tycoons-again-russias.n.jpgFinans Magazine has today published its annual survey of Russia’s richest people, which has seen the number of billionaires return to pre-crisis levels.  NLMK owner Vladimir Lisin and Mikhail Prokhorov of Onexim have maintained their steely grip on the top two places, whilst the rest of the top ten is a chain wrought of gold, nickel and aluminum interests.  A fact that, this analysis in the FT points out, is very much to do with resurgent demand from a China hungry for raw materials rather than a domestic recovery.