Apr 24th
Magazine for Snobs
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 (11 billion pounds) — plans to spend $150 million setting up a magazine, website and television station called Snob, the general director of the new venture told Reuters on Wednesday.
It’s for people who are successful and those who want to be successful,
said Andrei Shmarov, who will run Snob.
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