World Scene: Russia
China Daily | Updated: 2008-04-25 07:28
Mogul to open 'Snob' magazine
Russia's super-rich love to flaunt their wealth. Soon they will have a magazine called Snob to help them.
Mikhail Prokhorov - whose wealth is estimated at around $22 billion - plans to spend $150 million setting up a magazine, website and television station called Snob, the general director of the new venture said Wednesday.
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