Jan
17

Deripaska’s Fortune Swelled $679 Million in January

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  • U.S. Senate falls short in effort to keep sanctions in place
  •  Russian tycoon’s net worth had dropped $5.8 billion last year

Oleg Deripaska’s wealth is rising as his problems with the U.S. subside.

His fortune swelled $679 million this year to $3.5 billion as shares of the Russian’s key asset, En+ Group Plc, surged 19 percent. That followed a drop of $5.8 billion last year, the biggest among Russia’s ultra-wealthy, according to the Bloomberg Billionaires Index, after he and his key assets were sanctioned by the U.S. Treasury Department…

Deripaska’s Fortune Swelled $679 Million in January

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Categories : Private Equity

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