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Monday, April 18, 2011

Russian billionaire Boris Berezovsky yacht 'Thunder B' is seen in the harbor of Golfe Juan, southeastern France
In contrast, Russians appeared to be tiring of acquiring the trappings of enormous wealth, according to the 2011 'Wealth Report' compiled by Citi and luxury property firm Knight Frank. All respondents had seen Russian clients lift spending on jets and yachts over the last five years, but only half expected further increases over the next five years, the report showed.