Oil and Ruble have been miserable losers in 2014. But the loser award goes to...
Iron ore! What a nosedive in 2014! Gina
Rinehart's fortune reduced by $2B as the ore cratered.
In Russia, Leonid Mikhelson's fortune has halved this year as the billionaire faces an oil nosedive and a ruble meltdown. Actually this is being faced by most Russian billionaires in the energy sector.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!