Russian Billionaire Bets $100 Million on Apple Rebound [Video]

Russian billionaire Alisher Usmanov has reportedly invested $100 million in Apple betting on a rebound of the company's stock, reports Bloomberg.

In today's "Movers & Shakers," Bloomberg's Betty Liu reports that Russian billionaire Alisher Usmanov has bet big on Apple, investing $100 million on a rebound of the company’s stock. She speaks on Bloomberg Television's "In The Loop."

Usmanov is the richest person in Russia and the 34th richest person in the world with a
net worth of $17.6 billion, according to Forbes.


Take a look at the video below...