Report: 110 people own 35% of Russia's wealth - Israel News, Ynetnews
 
ynetnews
web


   Israel News

Israel News
World News
Israel Opinion
Jewish
Israel Business
Israel Culture
Israel Travel
Breaking News

 

Report: 110 people own 35% of Russia's wealth

Published: 10.09.13, 18:38 / Israel News

A staggering 35% of household wealth in Russia is owned by just 110 people, the highest level of inequality in the world barring a few small Caribbean islands, a report by a major investment bank says.

 

By contrast, billionaires worldwide account for just 1-2 percent of total wealth, Credit Suisse said in its report published Wednesday. The 35% of wealth that Russian billionaires own is equivalent to $420 billion. (AP)

 

  PrintPrint  Send to friendSend to friend   
Tag with Del.icio.us Bookmark to del.icio.us




 

RSS RSS | About | Contact Us | Privacy Policy | Terms of use | Advertise with us | Site Map

Site developed by  YIT Advanced Technology Solutions