Contents tagged with Russian officials

  • Two-thirds of Russian millionaires send their children to study overseas

    About two-thirds of the children of large capital-holders in Russia have enrolled at overseas universities.

    RNS reports that this was discovered through a study named Wealth Report: Russia, which was prepared by the Julius Baer Group and SKOLKOVO Wealth Transformation Centre.

    As is evident from the report, the average age of owners of large capital-holders in Russia is 50-55 years. They are generally in their first marriage, and have three children.

    The report shows that the fortunes of such …