Around 500 super rich Russians control more wealth than the poorest 99.8% of Russians, according to a new report into Russia’s inequality problem.
The Boston Consulting Group (BCG) found that Russia’s financial elite — the approximately 500 individuals with a net worth of more than $100 million — controlled 40% of the country’s entire household wealth.
The findings were based on financial and household data published by Russia’s Central Bank and the Rosstat federal statistics service.