Russian Senator Kerimov lost $100 million after detention in France

Russian Senator Kerimov lost $100 million after detention in France
Suleyman Kerimov

According to the estimates of journalists the fortune of the Senator and businessman has reduced from $6.8 billion to $6.7 billion in one day.

Member of the Federation Council Suleyman Kerimov possessing a multi-billion state started to grow poor, Forbes reports.

Thus, according to the estimates of the media, the businessman has already lost more than $100 million a day after his detention in France – his state was reduced from $6.8 billion to $6.7 billion.

The data is based on the value of stocks of Polyus, which belongs to the businessman’s family. Before the reports on his detention the shares cost 5110 rubles ($86) apiece. The next day, after his detention, they have fallen in price to 5048 rubles ($85).

However, according to analysts, negative reaction of the market is “a little exaggerated”, as the detention is not connected with the activity of the company.

To recall, Kerimov was detained at the airport of Nice and arrested. French authorities accuse him of tax evasion.

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