I joined Forbes as the Europe News Editor and will be working with the London newsroom to define our coverage of emerging businesses and leaders across the UK and Europe. Prior to joining Forbes, I worked for the news agency Storyful as its Asia Editor working from its Hong Kong bureau, and as a Senior Editor in London, where I reported on breaking news stories from around the world, with a special focus on how misinformation and disinformation spreads on social media platforms. I started my career in London as a financial journalist with Citywire and my work has appeared in the BBC, Sunday Times, and many more UK publications. Email me story ideas, or tips, to [email protected], or Twitter @_iainmartin.
Forbes calculates Russia’s roughly 116 billionaires have lost nearly $90 billion since the start of the Kremlin's military buildup for the invasion of Ukraine.As Russian troops invade Ukraine, tens of billions have been wiped from the fortunes of Russia’s billionaires.
None of the billionaires have apparently commented, some likely too scared of Putin to speak out against the invasion. But they are not immune. At least five of the billionaires at the Kremlin Thursday - Alekperov, Mikhelson, Mordashov, Potanin and Kerimov - were among the day’s biggest billionaire losers. Altogether at least 11 Russian billionaires lost $1 billion or more each on Thursday.
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