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Russian billionaire Alisher Usmanov bets big on Apple with $100 million stock buy

In today’s “Movers & Shakers,” Bloomberg’s Betty Liu reports that Russian billionaire Alisher Usmanov has bet big on Apple, investing US$100 million on a rebound of the company’s stock.

Usmanov is the world’s 35th richest person with a fortune of $19.8 billion, up $967 million, or 5.1%, this year.

Liu reports speaks on Bloomberg Television’s “In The Loop.”

Direct link to video here.

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