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October 10, 2008 at 1:41pm
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From luxist.

Bad news for free-spending Russian billionaire and Luxist mascot Roman Abramovich: he lost a staggering $20 billion over the past few months as Russia’s financial markets took a tumble. The figure was calculated “based on assets excluding property and cash,” Bloomberg reports, and it means that Abramovich’s net worth is now only $3.5 billion. He had previously been ranked as the 15th richest man in the world with a fortune of $23.5 billion.

From luxist.

Bad news for free-spending Russian billionaire and Luxist mascot Roman Abramovich: he lost a staggering $20 billion over the past few months as Russia’s financial markets took a tumble. The figure was calculated “based on assets excluding property and cash,” Bloomberg reports, and it means that Abramovich’s net worth is now only $3.5 billion. He had previously been ranked as the 15th richest man in the world with a fortune of $23.5 billion.

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