Russia: The World’s Richest Government

April 3, 2008

Russia had the second-highest number of billionaires in the world this year, but when it comes to wealth in government, the former Soviet Union is clearly No. 1.

Twelve billionaires now hold seats in the country’s parliament, with a total net worth of $41 billion, sitting alongside the less wealthy lawmakers, worth merely in the hundreds of millions.

Russian billionaires don’t limit themselves to legislative seats; there’s at least one billionaire governor, and the mayor of Moscow is married to another.

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