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Russian Billionaires LOSE EVERYTHING | Russian Oligarchs Feeling Sanctions | FBE Capital

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Russian Billionaires LOSE EVERYTHING | Russian Oligarchs Feeling Sanctions | FBE Capital



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Russian billionaires are losing all their assets, at lighting speed due to the developments in Ukraine. These Russian oligarchs are seeing their shares become worthless, due to a stock market crash and their assets are being frozen by both international governments as well as the Russian government.
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Video Structure:
00:00 Intro
00:32 Oleg Tinkov & Tinkov Bank
01:22 Arkady Volozh & Yandex
01:35 Vagit Alekperov & LUKOIL
01:56 Why the billionaires are going broke

So let’s look at the Russian oligarch, Oleg Tinkov, because, before things escalated, he was worth around $5 billion dollars. However afterwards, the shares of the Tinkoff Group, fell from $49 dollars, to $3.19, which is a 93% decline and this entire fortune evaporated, in just 6 days.
Other Russian billionaires like, Vagit Alekperov, the founder of LUKOIL, lost even more. He lost around $16 billion, across all his assets.

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