Selling Natural Resources
Russia is a top exporter of:
Compare that to the top U.S. exports, like beverages, planes, and cars. You can’t make beverages without aluminum. You can’t make plastic bottles without oil. Again, you can’t drive cars or fly planes without oil, grow your plants and heat your home without gas.
More than half the nation’s billionaires sit on stockpiles of oil, gas, coal, or metal, and the 500 richest Russians own … 40% of the nation’s wealth. In no other country do billionaires control so large a share of the national economy.