Russian billionaire, vice president of Lukoil and head of the board of directors of the Spartak football club, Leonid Fedun, has lost up to 80 percent of his fortune, writes “Match TV” with reference to sources.
In the Russian Forbes rating, Fedun ranked 16th with a fortune of $11.1 billion. He lost almost all his capital due to the state of the financial markets and the collapse of Lukoil shares.
Related materials:
Due to the decline in the stock market, the wealth of Russian oligarchs has decreased by $83 billion since the beginning of the year. Lukoil CEO Vagit Alekperov’s net worth has shrunk by about $13 billion, the largest drop of any Russian billionaire.
Shares of his oil company on the London Stock Exchange on February 28 fell by 62.8 percent. Businessman Gennady Timchenko lost almost half of his fortune – $ 10.6 billion.
#Russian #billionaire #lost #percent #fortune