Fortunes of Russia's richest fall $23 billion so far this year, Bloomberg reports

The combined fortunes of Russia's wealthiest individuals have declined by $23 billion since the start of the year, according to Bloomberg, as cited by TASS.

Businessman Mikhail Prokhorov recorded the heaviest losses among the group during the reporting period, with his personal fortune falling by $6.22 billion to $10.4 billion.

Broader declines among Russia's billionaires

The figures reflect a wider pullback in the net worth of Russia's richest individuals so far this year, though Bloomberg's report did not break down the specific factors behind each individual's losses.

No further details were given on how the declines compare with the fortunes of billionaires in other countries over the same period.