  Forbes: Sergey Galitsky was Russia’s biggest billionaire winner of 2018 March 21, 2019 - 17:18 AMT PanARMENIAN.Net - Forbes on March 21 unveiled the rating of Russian billionaires, who in 2018 earned more than $11 billion in asset sales and dividends. The list was headed by Russian-Armenian mogul Sergey Galitsky (Harutyunyan), who in February 2018 sold 29.1% of shares of Magnit to VTB Bank for $2.44 billion and left all posts in the company. Galitsky has thus made it to the rating for the first time ever. According to Forbes, the billionaire is 28th in the list of the richest people in Russia, with a fortune of $4 billion, Vedomosti reports. Mikhail Prokhorov comes in the second after earning $1.77 billion last year on the sale of 49% of the Brooklyn Nets basketball club and UC Rusal shares. Vladimir Lisin was ranked the third, he received NLMK dividends worth $1.59 billion. In 2018, NLMK dividends increased by 30% year-on-year.   Top stories Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". The earthquake caused a temporary blackout, damaged many buildings and closed a number of rural roads.   Partner news |  Latest news Cyprus parliament honors Armenian genocide victims  Acting House President Zacharias Koulias noted that April 24 marks the “black anniversary” of the Armenian genocide.Armenia PM, France envoy discuss regional matters Issues related to the consistent development of Armenia-France cooperation were discussed.Azerbaijan razes historic Armenian church to ground Azerbaijan has demolished the historic Armenian Church of St. John the Baptist (known as Kanach Zham).Russia to begin assessing migrant workers' speaking skills Rosobrnadzor is planning to change the Russian language exam for migrant workers and include an assessment of speaking skills |
