The Russian Olympians Foundation presented Russian Olympic medalists with Audis on Wednesday following a closed ceremony in the Kremlin hosted by President Vladimir Putin. Read More
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Forbes Russia has just released a new list of the county’s most respected, acceptable billionaires, including three high-profile men and one woman in the top four slots. Read on to find out who made the cut. Read More
In the annual wealth rating, compiled by Finance magazine, was revealed that Chelsea FC owner Roman Abramovich is no longer in the top-three of Russia's richest people. But Moscow remains awashed with money. According to an annual ranking of the country’s richest 500, the wealth levels of Russia's richest are slowly returning to their pre-crisis level. Russia boasted 114 dollar billionaires at the end of last year, compared to 101 in the pre-crisis year of 2007. Read More
I am sure you have heard but there was a global economic downturn. Fortunately, for the sake of their inheritance, the children of Russia's billionaires' will not be affected, so we can breathe a sigh of relief. Finance magazine says that the amount of wealthy scions, based on estimates of what they can expect to inherit, has actually risen over the last year. And Finance magazine is referring only to billionaire scions. Read More
Roman Abramovich spent millions of dollars to party with half of Hollywood at his New Year’s bash in St. Barts. The Russian billionaire flew the likes of Beyoncé, Prince, Gwen Stefani, Rachel Zoe, Kanye and Linday Lohan to join him in ringing in the New Year. Read More