Ukraine War Update: Russia Got Richer While West Shed Trillions of Dollars – US Lost $5.9 Trillion
Photo: Dimitar Dillkoff/AFP via Getty Images
Russians got richer last year during the War in Ukraine.
The West shed trillions with the US leading the way losing $5.9 trillion under Joe Biden.
MORE – The US lost more wealth than any other country last year, shedding $5.9 trillion, while North America and Europe combined got $10.9 trillion poorer.https://t.co/Q25EFnbs4f
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The Business Insider reported:
Russians got richer last year even as the war in Ukraine raged on, while the US and Europe lost trillions of dollars, UBS reported.
Russia added $600 billion of total wealth, the Swiss bank found in its annual Global Wealth Report,