Ukrainian crisis

And Then There Were Five: The Plight of Ukraine’s Oligarchs

In March 2014, Forbes estimated that Ukraine had nine billionaires (measured in in U.S. dollars). This year, that number has dropped to five. The war has caused social and economic dislocations across Ukraine, making many ordinary Ukrainians poorer than before. It follows naturally that Ukraine’s wealthiest citizens would not be immune to asset loss, even if their plight remains much better than the bulk of their compatriots.