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.
By Serge Michel, Fortune

(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.

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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

Most Powerful Women in Business

Global Power 50 Top of page

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Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.