the Financial troubles of the domestic economy has taken its toll on the richest Russians. In the updated ranking of the 200 most wealthy entrepreneurs of our country, compiled annually by Forbes magazine, includes 15 new names, however, the combined wealth of the fat cats of Russia decreased by $40 billion to $456 billion the Epidemic of the coronavirus to blame for the losses of Russian billionaires is not necessary. Their property mainly represents investments in raw material assets, which cost for the last year became cheaper. In the future, due to the virtual exchange operations moneybags can quickly reimburse your damage. And the compensation they will charge the ordinary population, who, apparently, as before will have to set aside every penny for a rainy day.
the Composition of the top ten Russian billionaires, according to Forbes, remains the same. In ranking, they just switched places and savings of each of them fell below $11 billion On the position of the leader broke the owner of “Norilsk Nickel” Vladimir Potanin, the company who previously held the 6-th place. “Silver” as a year ago, got the main shareholder of NLMK, Vladimir Lisin, and Leonid Mikhelson, who owns the largest packages of SIBUR and NOVATEK, has slipped from first to third position. The main newcomers of the rating were the creators of the game developer Playrix, brothers Dmitry and Igor Buhman, the state of each of which was estimated at $3.1 billion.
However, the main intrigue of the list is not about personal successes and failures, and General “shrinking” state of the rich by $40 billion, According to the head of analytical Department AMarket Artem Deev, the main reason for a significant reduction in the cumulative condition of the Russian billionaires became the collapse of oil prices and, consequently, the other raw materials that provide the basis for personal enrichment in our country. Quotations of “black gold” dropped by more than half, and, for example, copper — by 25%. In addition, the negative role played by the ongoing economic differences between the US and China.
the Loss of the commodity sector had an impact on other, related industries, and the coronavirus pandemic has only exacerbated the situation. However, to calculate its consequences the authors of the rating will come later.
“Methodology, the Forbes valuation of assets, which are owned by the person. They cannot be compared with the actual funding or, for example. with the number of gold bars, — explains the head of the Luxembourg office of the consulting group KRK Group Nikita Ryabinin. Investment portfolios lost their appeal, have fallen in price real estate, yachts. That is, all that put business on a step above ordinary citizens, depreciates. Therefore, the real losses will be much greater.”
meanwhile, serious worryI am for elite domestic business is not worth it. According to the head of IAC “Alpari” Alexander Razuvaeva, the Forbes ranking is compiled primarily on the basis of market capitalization of shares in companies that belong to entrepreneurs. “It’s a virtual amount. If a tycoon decides to sell the stake, its real price may differ significantly from the exchange. So, if any of our domestic business in the current situation decides to get rid of of ownership, over control of his industrial conglomerate, he could claim the prize, say, 25%. So the markets are down because of a coronavirus — it is paper, virtual loss,” warns the analyst.
According to him, in the third quarter to begin the restart of the economy, and by the end of the year oil prices may return to around $50. “In this regard, the stock exchange indexes there are all preconditions to rewrite the established maximums, so for the oligarchs, and the value of their shares experience is not necessary. The only thing they may lose is the dividends for the year 2020. However, I don’t think the losses will be catastrophic. In turn, the ordinary public, as always, will have to get out of national problems. The company will try to pass on to them the costs of the crisis. So ordinary people wait for reduction and wage cuts,” — said Razuvaev.