Putin Has Broken Russia’s Brightest Tech Business–Founder Arkady Volozh Loses $2 Billion

Arkady Volozh, the tech entrepreneur behind Yandex—the Russian equivalent to search engines like Google and Yahoo—has seen the value of his stake in Russia’s top tech giant fall by over 60% since last Thursday, the day Putin attacked Ukraine. Volozh himself lost more than $400 million that day, as Russia’s wider business community reeled from Putin’s war and the subsequent sanctions imposed thereafter. Volozh, whose net worth hit a high of $2.6 billion billion, is now worth $580 million.

https://www.forbes.com/sites/daviddawkins/2022/03/02/putin-has-broken-russias-brightest-tech-businessfounder-arkady-volozh-loses-2-billion-in-three-months/

Lol..like who believes this Forbes crap anyway

Foolish man putin

SarkinYarki:
Lol..like who believes this Forbes crap anyway

Your comment did not add value to the discussion

wwwihy:

Your comment did not add value to the discussion

Neither has your birth added any value to your lineage ...Abeg shift

SarkinYarki:
Lol..like who believes this Forbes crap anyway

Just Google Yandex..... its that simple

ratiken:


Just Google Yandex..... its that simple

I know Yandex all I am saying all these these western paper valuations is all just propaganda at it's best Q

SarkinYarki:


I know Yandex all I am saying all these these western paper valuations is all just propaganda at it's best Q

Please why is it paper valuation?, which other valuations exists for tech companies with minimal physical footprints?