I read this Forbes article
http://au.pfinance.yahoo.com/special-features/world_billionaires/index.html
And the most newcomer billionaires this year are from Russia, second was India. I would say both are still developing countries, so what has caused their fortunes?
2007-03-10 23:45:55 · 3 answers · asked by f_jayce 5 in Business & Finance ➔ Other - Business & Finance
But has Russia truly embraced capitalism and the theories of having a free market economy?
I dont really know much about Russia
2007-03-11 00:05:47 · update #1
Liberty, capitalism, entrepreneurship, and willingness to do the hard work required.
2007-03-10 23:53:46 · answer #1 · answered by ExSarge 4 · 0⤊ 0⤋
Most Likely Because Everything Over There Is Cheap..... Also When You Earn Money Over There You Earn Big Pay Checks Becuase They Work Hard Labor For Many Many Weeks/Months Or Even Years
2007-03-11 07:54:29 · answer #2 · answered by Anonymous · 0⤊ 0⤋
The availability of a free market economy?
2007-03-11 07:50:30 · answer #3 · answered by omnisource 6 · 0⤊ 0⤋