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Economy of Moscow


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billionaires by net worth. Topping the list of Russia's billionaires in 2009 is Mikhail Prokhorov with $9.5 billion, ahead of the more famous Roman Abramovich with $8.5 billion, in 2nd place. Prokhorov's holding company, (ON�KSIM) group, owns huge assets in hydro genium energy, nanotechnology, traditional energy, precious metals sector, while Abramovich, since selling his oil company Sibneft to Russian state-controlled gas giant Gazprom in 2005, has bought up steel and mining assets. He also owns Chelsea F.C.. Russia's richest woman remains Yelena Baturina, the 45-year-old second wife of Moscow Mayor Yuri Luzhkov. Oleg Deripaska, the 1st on this list in 2008 with $28 billion, was only 10th in 2009 with $3.5 billion. Based onForbes' 2011 list of the world's billionaires, Moscow is the city with the most billionaires in the world, with 79 from 115 in all of Russia.

The nouveau riche, also called the "New Russians", often in a derogatory sense, have a reputation for flaunting their wealth; the avenues for doing so have also increased in recent times - a sense of fashion and self-consciousness has instilled itself through the many haute couture and haute cuisine spots in Moscow.

Industry

Primary industries in Moscow include the chemical, metallurgy, food, textile, furniture, energy production, software development and machinery industries.

The Mil Moscow Helicopter Plant is one of the leading producers of military and civil helicopters in the world. Khrunichev State Research and Production Space Center produces various space equipment, including modules for space stations Mir, Salyut and the ISS as well as Proton launch vehicles and military ICBMs. Sukhoi, Ilyushin, Mikoyan, Tupolevand Yakovlev aircraft design bureaus also situated in Moscow. Automobile plants ZiL and AZLK, as well as the Voitovich Rail Vehicle plant, are situated in Moscow and Metro vagonmash metro wagon plant is located just outside the city limits. The Poljot
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