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From Russia with money There's a new breed of women in the land of caviar and oligarchs - rich, entrepreneurial, and in charge. Here are six supernovas.  (Fortune Magazine) -- There are 24 billionaires in Moscow, and all but one, the wife of the mayor, are men. Fittingly, the word "oligarch" in Russian is masculine. Yet in the new capitalist Russia some women have made fortunes big enough to warrant a new term, "Nouvelles Russes," for this breed with extravagant spending habits who think nothing of throwing flamboyant soirees in the capital's best restaurants.
Women in Russia hold fewer than 10% of top management posts and earn on average 37% less than men in the same jobs. Which is why many start their own businesses or choose to work for multinationals. Although none of the entrepreneurs on the pages that follow made the Most Powerful Women list, they are a driving force in Russia's economy. Says Olga Sviblova, director of Moscow's House of Photography and one of the post-Soviet era's jet setters: "We are more precious than oil." See 6 rich, entrepreneurial Russian supernovas |
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| Copyright © 2008 BigCharts.com Inc. All rights reserved. Please see our Terms of Use. MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc. Intraday data delayed 15 minutes for Nasdaq, and 20 minutes for other exchanges. All Times are ET. Intraday data provided by ComStock, an Interactive Data Company and subject to the Terms of Use. Historical, current end-of-day data, and splits data provided by FT Interactive Data. Fundamental data provided by Hemscott. SEC Filings data provided by Edgar Online Inc.. Earnings data provided by FactSet CallStreet, LLC. |
