The founder of Tinkoff Bank Oleg Tinkov has ceased to be a dollar billionaire. As Forbes calculated using TCS Group (the bank's parent company) quotes on the London Stock Exchange, at 19:00 Moscow time, Oleg Tinkov's fortune was estimated at $ 820 million. This is five and a half times less than the estimate in the latest Forbes 2021 rating ($ 4.7 billion).
In addition to the bank's shares, the calculations include the La Datcha project, the businessman's yacht and plane, his cash and investments.
At 19:00, TCS Group shares in London were worth $5.52 a share. During the day, quotes fell to a minimum of $4.61, the entire company was then worth $919 million, and Tinkov's fortune was estimated at $760 million. from the close of trading on February 23 to a minimum during trading on March 1).