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Home » Russia

A Prada Boutique in Russia

Submitted by Bill Belew on Thursday, 30 March 200618 Comments

There are more than 88,000 millionaires in Russia. That’s nearly three times as many per capita as there are in China. 

Some 3.5 million Russians earn around $50K a year and about 8 million earn around $25K.

It may not seem like much, but when there is a flat 13% income tax (Is anyone in Congress listening?) and housing and utilities are subsidized, AND the average savings is around 10%…the Russians have a lot left over to spend.

How much do you make? Multiply that by 70% and go shopping. That’s what the Russians are doing. I read that 70% of the Russian income is disposable as opposed to 40% in the West.

It’s also the reason there is a PRADA boutique in Moscow among other high-end products.

Are you offering your products in Russia? Planning to?

Why not?

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18 Comments »

  • Ellen Weber said:

    Wow — that’s a lot of bucks packed into one bank! Thanks for the facts Bill. Hey, I have a question though. How does the fast rise to millionaires relate to the horrid descrimation against minorities that threatens parts of Russia (such as St. Petersburg), as reported in today’s news? Is there any link?

  • panasianbiz said:

    Russia is a HUGE country. What goes on in one time zone does not happen in another. There are 8 time zones in the country.

    It’s like asking how did Katrina affect Silicon Valley? Answer – business as usual.

  • PanAsianBiz said:

    In a previous blog I wrote that China has Millionaires out the Gazoo – about 300,000 altogether. Russia also has a few millionaires to brag about…some 88,000 total. If Russia had the same population as China it would claim almost…

  • Maxwell Owusu said:

    We are direct to gold miners and offer you high quality gold dust and dore bars at low price. at the morment we have 400kg deposited in the bank here in accra ghana Our procedures are flexible and our suppliers are regular. Long terms buyers and buyer agents are most welcome
    maxwell owusu

  • amadou said:

    Dear Sir.
    This above company from mali is willing to do business with any
    interested gold buyer around the global to do long term business with
    mutual understanding.so any interested person should mail to us with the
    full co-opeartion. The below is our full co-operation offer…….
    FULL CORPERATE OFFER
    The management of Kenoli Investment And mining co,ltd Bamako in Republic of Mali West Africa
    penalty of perjury and with full corperate responsibilty has with the
    fellowing alluvial Gold for sale.
    PRODUCT : Alluvial Gold Dust
    QUANTITY: 220kg
    QUALITY : 22.5 of carat (92.6)
    PRICE :$10,000 PER KG
    DOCUMENTATION : All document for export will be prepared by the seller . A
    representative of the seller will accompany the buyer to his destination.
    Hope to hear from you soon.
    Best Regards,
    Mr .amadou sandy
    Contact Information
    Contact Name: Mr amadou sandy Title/Position: CEO
    E-Mail: contactgold@yahoo.com

    Telephone(s): 002236994566
    Postal Address: B.P 00223
    Response Languages: Gold Dust Available For Sale
    website: http://www.antiquite-gold.tripod.com

  • Owusu Mensah said:

    We are local miners of Gold dust and Diamonds here in Ghana West africa and we have a good quality and quantity of the same products for sale at the Local market rates, interested buyers are hereby requested to contact us for further details.
    Your sincerely
    Mr Owusu Mensah(Sales Director)

  • owusu Mensah said:

    We are local miners of Gold dust and Diamonds here in Ghana West africa and we have a good quality and quantity of the same products for sale at the Local market rates, interested buyers are hereby requested to contact us for further details.
    Your sincerely
    Mr Owusu Mensah(Sales Director)
    email:heritage_family7777@yahoo.co.in
    233243536614

  • Heritage Ntep (GH) Ltd said:

    We are local miners of Gold dust and Diamonds here in Ghana West africa and we have a good quality and quantity of the same products for sale at the Local market rates, interested buyers are hereby requested to contact us for further details.
    Your sincerely
    Mr Owusu Mensah
    (Sales Director)
    +233243536614

  • Anonymous said:

    We are local miners of Gold dust and Diamonds here in Ghana West africa and we have a good quality and quantity of the same products for sale at the Local market rates, interested buyers are hereby requested to contact us for further details.
    Your sincerely

    Mr John Malik
    Email: ugv_j7@yahoo.com
    Tel: 00 233 20 8930376

  • Bomia daniel said:

    I’m looking for raw gold buyers (22 Kts).
    1g = 11 USD
    negocialbe according to quatity if interested, please contact me for details.

    Origine: Ivory coast and its neigbour countries.

    Looking forward to hearing from you

    Bomia (00225) 66 49 51 76
    Daniel (00225) 08 72 23 88
    (00225) 01 45 05 24
    bomiadanial1@yahoo.fr

  • Anonymous said:

    A royal family of the Ashanti kingdom,
    Who get their gold as royalties due to mining activities on their lands.
    They have the ability to supply all amount to clients within and outside the country.
    Interested clients should contact the head of family for more enquiries and more details.
    Contact: Mr Will smith (head of the family)
    Email:eunice4winston@yahoo.com
    Telephone: +233274391752

  • kaied said:

    hi we ready to buy only one kg gold of any percent of AU at cnf Dubai for sample

    NO ADVANCE
    NO INSPECATATION IN ANY COUNTRY
    MELT ONE Kg THEN TAKE PERCENTAGE
    THEN PAMENT

  • MR. KODJO ANKRAH said:

    FROM: MR. KODJO ANKRAH
    MARKETING MANAGER,
    AKOKOH GOLD MINING COMPANY,
    OBUASI-GHANA.
    EMAIL: kodjo_ankrah11@yahoo.ca
    +233 207 866 097

    AU GOLD FOR SALE

    We are a Gold mining company in Obuasi-Ghana. We have a large quantity of AU GOLD DUST for sale in a reasonable price offer. We are looking for buyers from all over the world. We have an agent who will bring the goods to you in Hong Kong, Malaysia and Dubai for inspection, testing, payment and collection.

    We also have large metric tones of used rails (scraps) for sale.
     
    We look forward to hearing from you soon.
    Best regards,
    MR. KODJO ANKRAH

  • Mr. David Asare said:

    ATTN: Managing Director

    we are wish to inform you of our available stock of used rails R50 R65 and HMS1&2 for sales at a reasonable price of $190 per MT.

    we would like to hear from you if you are interested to buy from us or if you have good buyers.
    Payment by SBLC or TT

    procedures

    buyer send loi
    seller send FCO and contract draft
    buyer open the non operative SBLC
    seller provide the 2% PB with DOCs.
    Buyer visit for yard inspection
    Shipment begins

    thank you
    Mr. David Asare
    wisvic Group of companies
    Ghana
    davidasare@mail2dave.com

  • nana said:

    Dear Sir/Madam

    It is twelve of such small mining groups that have come together to form an association all have 360 acres of rich concession s sites in Eastern , Western and Ashanti Regions of Ghana . Some of the members have pits ranging from 60- 110 feet depth incline at 20- 30 degrees to the surface , the ore is brought up and crushed and milled to recover the gold , and each member of the association monthly production is between 8-10 kgs.Thus average production for the whole association is between 80-100 kgs
    NB: This is my contact number: 233-244-485565 or 233-028-5088296
    Email:nanadx7@yahoo.co.uk

    SELLER COMMODITY SPECIFICATION

    The commodity that the seller has offered and will supply the buyer is as follows:

    1 Product : Gold Dore Bars

    2 Origin : GHANA , West Africa

    3 Purity : Not less than 92%

    4 Quality : Not less than 22+ carat

    5 Quantity : 80-100 kgs monthly

    Buyer should contact me as soon as possible.

    Best regards,

    Nana

  • John George said:

    Dear Sir/ Madam,

    We are owner/direct seller of Gold dust/gold bar, Diamond stones,used rail , hms1 & hms2 and copper Cathode in small and large quantities.
    We are searching for customers /representatives who can help us establish a medium of getting to our customers all over the world .
    Please,If you are interested in transacting business with us kindly contact us through our email address:metalscrapexportersinc@googlemail.com
    Your sincerely,
    John George
    +447045785930

  • Mr. Clinton Kamara said:

    Dear Sir/Madam,

    Its with pleasure that I write to inform you of the availability of ALLUVAIL GOLD for sale.

    Below are the classification of the goods :
    PRODUCT : ALLUVIAL GOLD.
    QUANTITY :500 KGS.
    QUALITY :+22 KARATS.
    PURITY : 92+
    PRICE : $ 13,500usd PER KG.
    TERM OF PAYMENT: NEGOTIABLE.

    we do not accept advance payment, the transaction will be done according to the seller and buyers agreement and we expect you to come with your Inspector machines and after checking, the payment will be on bank to bank bases.
    If you are interested in the above product please get in touch with me and we will make arrangement on the mode of delivery. You can get back to me on my private email; kamara.clinton@gmail.com or call +233 242 331 390 for more details.

    I await to hear from you very soon.
    Regards.

    Mr.C.Kamara

  • air suspension said:

    air suspension…

    repair the air suspension to retain the Lincoln-esque ride of the Mark VII. Lastly, I noticed some rust on the… Disregard all of the above answers, they dont have a clue!! Its a great car, gas mileage not bad….

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