Thursday, March 10, 2011

Moscow is now the billionaire capital of the world - The Economic Times

Moscow is now the billionaire capital of the world - The Economic Times: "Russian oligarchs are back with a bang, making Moscow the billionaire capital of the world.

Profiting from a boom in commodities, the number of billionaires in Russia, most of whom built their empires during the country's anarchic 1990s, grew to 101 from 62 last year, Forbes said in its annual list of the world's richest people.

Moscow is home to 79 of Russia's billionaires, more than any other city in the world."

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