WriterNig:


🇷🇺 Russians got richer last year even as the war in Ukraine raged on, while the US and Europe lost trillions of dollars, UBS reported.

Russia added $600 billion of total wealth, the Swiss bank found in its annual Global Wealth Report, published Tuesday.

The number of Russian millionaires also rose by about 56,000 to 408,000 in 2022, while the number of ultra-high-net-worth individuals — people worth over $50 million — jumped by nearly 4,500.

But the US lost more wealth than any other country last year, shedding $5.9 trillion, while North America and Europe combined got $10.9 trillion poorer, UBS reported.

There were also 1 million fewer American millionaires by the end of 2022, although the US still accounted for over 50% of the world's ultra-high-net-worth individuals, the bank said.

Russia's wealth gains came despite its invasion of Ukraine in February, which has led to the West imposing sanctions on the Kremlin that led to its economy shrinking and triggered a slump for Moscow-listed stocks.

UBS acknowledges that "wealth trends in Russia are difficult to determine at this time," but did highlight it as one of a handful of countries that had gotten richer in 2022.

Rising oil prices could be one factor behind the wealth increase, with exports of the commodity a key economic engine for Russia. The cost of a barrel of benchmark Urals crude jumped by about $7 last year, data from Refinitiv indicated.

Mexico, India, and Brazil all also added significant amounts of wealth in 2022, UBS's report suggested, while the US, Japan, China, Canada, and Australia lost the most.

Ibeme:



Your ignorance has been noted, with all due respect

Russian millionaires is not Russia, and American millionaires is not America

Russian millionaires wealth is tied to oil price while American millionaires wealth is tied to stockmarket

Wealth of Nations is measured by GDP and Russia got poorer by 2.1% while America got richer by 2.1%. Those are the facts, not the headline this clown OP put out

Next time make sure you know what you are talking about before you quote me.

Zxcvbnmghtr:


You mean this is one of Taylor90's hand work? Chai....

ogmask:



Yeah, that was the US of before...
God can not bless the gay infested, two tier justice system and thieving corrupt leadership as you guys have it today.

WriterNig:


🇷🇺 Russians got richer last year even as the war in Ukraine raged on, while the US and Europe lost trillions of dollars, UBS reported.

Russia added $600 billion of total wealth, the Swiss bank found in its annual Global Wealth Report, published Tuesday.

The number of Russian millionaires also rose by about 56,000 to 408,000 in 2022, while the number of ultra-high-net-worth individuals — people worth over $50 million — jumped by nearly 4,500.

But the US lost more wealth than any other country last year, shedding $5.9 trillion, while North America and Europe combined got $10.9 trillion poorer, UBS reported.

There were also 1 million fewer American millionaires by the end of 2022, although the US still accounted for over 50% of the world's ultra-high-net-worth individuals, the bank said.

Russia's wealth gains came despite its invasion of Ukraine in February, which has led to the West imposing sanctions on the Kremlin that led to its economy shrinking and triggered a slump for Moscow-listed stocks.

UBS acknowledges that "wealth trends in Russia are difficult to determine at this time," but did highlight it as one of a handful of countries that had gotten richer in 2022.

Rising oil prices could be one factor behind the wealth increase, with exports of the commodity a key economic engine for Russia. The cost of a barrel of benchmark Urals crude jumped by about $7 last year, data from Refinitiv indicated.

Mexico, India, and Brazil all also added significant amounts of wealth in 2022, UBS's report suggested, while the US, Japan, China, Canada, and Australia lost the most.

Victory03:
Okay

Pakute:
If you are a patrotic Nigerian who loves the Nigeria, not a zoo chanter who have their eyes on our judiciary but their eyes get apollo to see illiterate thugs locking up their parents and flogging them every mondays. you have to support Jagaban to take out the military junta in Niger republic. Russia is the biggest single supplier of gas to europe, while supporting a military coup by proxy inorder to frustrate Nigeria's biggest gas project to europe, passing through niger republic, which would strongly position Nigeria as a direct alternative to Russia gas, thanks to Bazoum's co-operation.

ican2020:
How does it concern us

ogmask:



Yeah, that was the US of before...
God can not bless the gay infested, two tier justice system and thieving corrupt leadership as you guys have it today.

Pakute:
If you are a patrotic Nigerian who loves the Nigeria, not a zoo chanter who have their eyes on our judiciary but their eyes get apollo to see illiterate thugs locking up their parents and flogging them every mondays. you have to support Jagaban to take out the military junta in Niger republic. Russia is the biggest single supplier of gas to europe, while supporting a military coup by proxy inorder to frustrate Nigeria's biggest gas project to europe, passing through niger republic, which would strongly position Nigeria as a direct alternative to Russia gas, thanks to Bazoum's co-operation.

Bigchristo:
stop being foolish Russia gas is not going to Europe and they’re making hell of sales, I don’t know how some of you think 😂😂

OkpaNsukkaisBae:
cc:


ibime
donjazzet


Show some respect to Putin. man is breaking economic boundaries despite all the sanctions from EU/nato.

Procashtips:


Keep deceiving yourself with all these rubbish charts.

When you're asked if you have eaten this night, I hope you won't post a chart to respond?

Ibeme:



Your ignorance has been noted, with all due respect

Russian millionaires is not Russia, and American millionaires is not America

Russian millionaires wealth is tied to oil price while American millionaires wealth is tied to stockmarket

Wealth of Nations is measured by GDP and Russia got poorer by 2.1% while America got richer by 2.1%. Those are the facts, not the headline this clown OP put out

Next time make sure you know what you are talking about before you quote me.

grandstar:


The rouble is about 100 Roubles to the dollar. The currency is dropping in value.

Nothing to jubilate

eliyke:
Difference between young nd vibrate leader nd old nd analog leader, with all d sanctions from US nd co

eliyke:
y ur mind dey judge u? truly no peace 4 d wicked

seunayantokun:


France and Germany leading the way, those guys have stealthily started doing business with Russia again since long oong time ago. Please do a literature review.

obedience4:


600 ruble to a dollar

Johncarlo07:



Still doesn't mean anything.
D Chinese Yuan is vry low compared to d dollar,yet China has d biggest economy in d world. Soo wat are u driving at?

obedience4:


China economy is bigger than the USA

Bigchristo:
They aren’t trading with Russia since the sanctions Russia demanded their buyers to pay for their oil and natural gas in rubbles or they will turned off Nord stream pipelines that supplies directly from Baltic Sea in Russia to Germany supplying western Europe’s , I am not ignorant of what’s going on in Eastern Europe, Russia have the likes of India China North Korea etc that buy from them and that’s the most populous countries with highest populations the only oil supply to Europe is being from middle men who buy from Russia and sell to Europe Saudi Arabia is also doing such business buying Russia oil and sell At expensive rates to Europe, try and understand what politics of Europe is if they are buying directly from Russia by now their Allie’s with US would have been collapsed. NATO almost started sanctioning Turkey for arm deals with Russia after all sanctions they expect all NATO member states to boycott Russia