Kerimov Lost $570MLN in Uralkali Dive

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Kerimov Lost $570MLN in Uralkali Dive

7.08.2013 16:55

Photo Credit: http://business.financialpost.com

Russian billionaire Suleiman Kerimov has reportedly lost $570 million in the stock exchange plunge after potasр fertilizer producer Uralkalш announced a new distribution policy, says Vedomosti.

This has been seen as an extra reason to halve FC Anzhi budget.

FC Anzhi owner Kerimov controls 17.2 percent of the company.

Sources: http://www.vedomosti.ru

Author: Mikhail Vesely

Tags: Uralkali Suleiman Kerimov Anzhi Makhachkala Russian billionaires

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