There were just over 159,500 HNWIs in Russia, with a combined wealth of US$941 billion, as of 2011. The total HNWI number in Russia decreased by 18.1% between 2007 and 2011, while HNWI wealth declined by 25%.
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The Russian HNWI wealth was also negatively influenced by a significant depreciation of the local currency against the US dollar and a weak local equity market. Foreign equities, however, remain the most important asset class for HNWIs in Russia, followed by residential real estate. View more data or Buy full report
