economists at Renaissance Capital investment bank in Moscow say that income inequality in Russia is adequate for gross-domestic-product-per-capita levels."Considering its wealth, the level of income inequality is far from excessive," said Ivan Tchakarov, a Renaissance Capital economist."In the BRIC universe (of emerging countries Brazil, Russia, India and China), Russia is only marginally more income-unequal than China and India, but far better placed than Brazil."China, however, with a population nearly 10 times that of Russia, had only 14 more billionaires last year, according to Forbes.