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Russian Tycoon Lost $1.1 Billion Friday After Sanctions: Chart
Russian Tycoon Lost $1.1 Billion Friday After Sanctions: Chart
10 Apr 2018, 11:08 AM IST
(Bloomberg) -- Oleg Deripaska’s net worth plunged $1.1 billion on Friday to a record low for the year. He’s one of seven Russian tycoons sanctioned last week by the Trump administration under a law Congress passed to retaliate against Moscow for meddling in the 2016 U.S. presidential election. His fortune has dropped by more than $2 billion this year, more than any other wealthy Russian, according to the Bloomberg Billionaires Index.
--With assistance from Jack Witzig
To contact the reporter on this story: Alex Sazonov in Moscow at asazonov@bloomberg.net.
To contact the editors responsible for this story: Pierre Paulden at ppaulden@bloomberg.net, Torrey Clark
©2018 Bloomberg L.P.
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