Businesspeople Dan Adamescu and Emil and Marius Cristescu lead the ranking of the top 60 wealthiest persons owning stock in companies listed on the Bucharest Stock Exchange (BVB).

According to an analysis made by Business Standard of the top shareholders in companies listed on BVB's main market and of the top 100 companies listed on the Rasdaq electronic market, none of the 60 businesspeople in the ranking owns more than €100 million worth of shares. Together, the 60 wealthiest shareholders control shares worth €370 mln . These calculations are made two years after stock market indexes began their decline, sharply lowering the wealth of investors.

Only 12 businesspeople own shares worth more than €10 mln . The wealthiest stock market investor is Dan Adamescu, who owns stock in Unirea Shopping Center company, the Flamingo International household appliances and IT products retailer, and the Astra Asigurari insurance company, with shares worth €51.1 mln .

The Cristescu brothers, who control stock in the Bega group of companies, with operations in the chemical industry, oil drilling, construction, and transportation, rank second, with shares worth €50.5 mln , compared to the 2007 value of as much as €200 mln .

Businessman Ovidiu Tender, whose assets listed on the stock market were worth €250 mln, now owns shares totaling €27.7 mln. The businessman sold 70 percent of his Atlas Gip oil services company in 2008.

The top 10 stock market wealthiest investors control shares amounting to €240 mln . New names are now on the list, such as Stefan Radulescu, majority shareholder of the SMC Prefabricate pentru Constructii (SOMZ) construction material producer, whose stock is worth some €18.5 mln .

Alain Bonte, the main shareholder of Generalcom Bucuresti, operating in the building rental field, ranks eighth, with stock totaling €13.3 mln .

Source: Standard.ro