Wednesday, 25 August 2010

Luzhkov named Russia’s richest politician

He might be under pressure to quit as Moscow’s mayor, but at least Yury Luzhkov can look forward to a comfortable retirement.

The veteran politician has been named as the wealthiest official by Forbes Russia, sharing a family income of more than 30 billion roubles (approx. $1 billion).

The other 99 representatives on the list pulled down just 56 billion ($1.8 billion) between them.

The Luzhkov family’s earning power is greatly enhanced by the success of his wife, Elena Baturina, and her Inteko construction firm.

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