Wealth in the world: The Russians have arrived with their millions

There are currently one thousand billionaires and nine million millionaires in the world today.

Russians have a substantial chunk of this as they have gained incredible wealth from oil, aluminium, gas and real estate.

There are now 52 Russian billionaires worth over $301 billion.

There are also 103, 000 millionaires that are estimated to be worth over $716 billion.

With this sort of money Russians have been buying up big and spending big.

The place to be is Russian with many luxury labels opening shop there.

Posted on September 12th, 2008

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