Russia's richest get richer in 2017, ranking shows

Russia’s richest get richer in 2017, ranking shows: HumSub.TV

Russia’s richest get richer in 2017, ranking shows: HumSub.TV: Russia s 200 richest people became some $100 billion richer in 2017 than last year, said the Russian Forbes which makes the annual ranking, attributing the growing wealth to rising commodities prices.

The total worth of Russia s two hundred richest was evaluated at $460 billion, up by $100 billion since 2016, while the number of Russian billionaires grew from 77 to 96 people after falling last year.

Russia s richest man is Leonid Mikhelson, who owns stakes in Novatek and Sibur energy companies and is worth $18.4 billion. He is followed by Alexei Mordashov, the owner of Severstal, and Vladimir Lisin who owns the NMLK steel manufacturer.

Forbes said the cutoff for making the 200-richest ranking is the highest in 14 years of the ranking s history at $500 million, going up from $350 million last year.

Russian markets have rebounded in recent months after a slump of previous years. The ruble s strengthening and recovering oil prices have also contributed to the riches of Russia s richest.

Most Russians have not benefited from the market’s recovery however, with state statistics released this week indicating that real earnings of households fell by 2.5 percent year on year.

Russia’s richest get richer in 2017, ranking shows: HumSub.TV

About HumSub TV
Introduction
HumSub TV is Pakistan’s leading forwarding-thinking, edutainment channel, aimed at promoting and upholding peace, interfaith harmony and social responsibility within Pakistan through informative and insightful programmes and documentaries; analytical interviews on issues pertaining to social, economic, legal and environmental set-up; dedicated shows to canvass and thereby promote the culture and heritage of Pakistan and in-depth coverage of national and international news.

HumSub TV is the first channel and thus a pioneer within its own right that mainly focuses on emphasising the “Rights” as well as the “Obligations” of the citizens in light of the Constitution of Pakistan, numerous International declarations signed by the Government and various laws that have been promulgated over the years but are not in the knowledge of the common citizen.
HumSub TV also aims to enter into bilateral agreements with other countries to promote not only their culture, heritage and tourism, but also their educational and medical facilities.
Following the successful launch of HumSub TV’s head office in Blue Area, Islamabad; the bureau office has been set up in Lahore.

Vision
To project positive image building of Pakistan and inculcate nationalism, as per the vision of the founder of the nation, Quaid-e-Azam Mohammad Ali Jinnah.

Mission
HumSub TV is resolute about the promotion of a pluralistic, inclusive and egalitarian society in Pakistan where all citizens are allowed to contribute to promote interfaith harmony, peace and collective wisdom in the social, political and economic development of Pakistan and to encourage critical and lateral thinking in the society. HumSub TV strives to make a positive contribution to this end.

HumSub TV’s Theme
HumSub TV, Pakistan’s first EDUTAINMENT Channel, has been set up for not only those audience residing in Pakistan or overseas but the international community on the whole. The vision of the channel is to project positive image building of Pakistan and inculcate nationalism as per the vision of the founder of the nation.

HumSub TV strives to make a positive contribution to this end by promoting pluralism, inclusiveness and egality in Pakistan and give voice to the suppressed. It endeavors to act as a positive catalyst for social change and Pakistani nationalism. It envisions providing a platform for airing critical and lateral thinking and collective wisdom by inviting positive minded intellectuals and opinion forming individuals for the promotion of interfaith harmony and peace in the social, political and economic development of Pakistan.

Whereas the channel airs upbeat edutainment programmes, it, nonetheless, has the primary objective of countering negative anti-Pakistan regional and international propaganda as well as advancing fundamental rights as encapsulated in the Constitution of Pakistan.

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