Research
Cash Is King for Russia’s Millionaires
Cash is king when managing money in Russia. Three decades after the collapse of communism there are at least 163,176 millionaires in the country, according to Knight Frank LLP. Of their combined assets, 26 percent are in cash, the highest level in the world. It’s more than twice the proportion…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Bloomberg