Reply #113: Loaded Russian who said “those who don’t have a billion can go to hell” is bankrupt [View All]

A former Russian Billionaire who once said “those who don’t have a billion can go to hell” has had an ironic twist of comeuppance after having to declare bankruptcy.

Sergei Polonsky, who was worth a paltry $1.2bn, failed to repay a $242 loan because his construction company Mirax Group hasn’t “sold a single square metre of housing or collected any instalement payments” for any real estate they have sold.

During his 2008 rant, where he called all those who hadn’t made a billion in Russia a ‘loser’, he asked reporters not to blow the economic downturn out of proportion, but now acknowledges things have changed.

He still remains optimistic, in the bankruptcy announcement he said: “If we are destined to perish, we’ll do it with our heads up.”

http://bdaily.info/news/any-other-business/24-08-2009/loaded-russian-who-said-those-who-dont-have-a-billion-can-go-to-hell-is-bankrupt/


The one percenters have lost one of their biggest asswipes. This guy has caused a lot of grief for many in the masses in Russia.