MOSCOW, Apr 1 (PRIME) -- The combined wealth of Russia’s billionaires decreased by U.S. $50.1 billion in January–March, according to the Bloomberg Billionaires Index (BBI) seen by PRIME on Friday.
The index is calculated using capitalization and financial reports of the companies owned by the businessmen, or a capitalization to earnings before interest, taxes, depreciation and amortization (EBITDA) ratio and or a share price to earnings per share ratio. The rating comprises 500 wealthiest people of the world, including 21 Russians.
Vladimir Potanin, one of the core owners of metals giant Norilsk Nickel, led the rating with a $1.47 billion wealth fall to $29.4 billion.
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