Tag Archives: tycoons

A number of businessmen who were born and raised in Russia have asked US-based Forbes magazine to not call them ‘Russian’, apparently deeming their roots bad for their public image amid Russia’s military operation in Ukraine and the resulting Western sanctions against Moscow. According to Forbes, it has been receiving …

The world’s five richest tech billionaires collectively lost $85.07 billion of their wealth in the first few weeks of 2022 due to a market rout. Stock markets dropped the most last week since the outbreak of the pandemic on fears of rising interest rates and inflation. The tech-heavy Nasdaq index …