Aleksey Mordashov tops Bloomberg’s rating of Russian billionaires with $18.9bln estate

Aleksey Mordashov tops Bloomberg’s rating of Russian billionaires with $18.9bln estate
Aleksey Mordashov

Since the beginning of the year, the chairman of Severstal board of directors has become richer by almost $2 billion. In total, in the period from January 1 to November 1, 2017, Russian billionaires have grown rich by $22.5 billion.

According to the Bloomberg Billionaires Index, Chairman of Severstal Board of Directors Aleksey Mordashev is number one by the volume of his state among 26 other Russian billionaires.

The publication estimates Mordashov's total capital at $18.9 billion; he has increased it by almost $2 billion since the beginning of the year. At the same time, Mordashev is listed as number 50 in the list of world’s bllionaires.

Vladimir Potanin, who heads Nornikel Mining and Metallurgical Company's Board of Directors, ranks 2nd among Russians. According to Bloomberg's estimates, his assets are worth $18.5 billion; since the beginning of the year, they have increased by $1.85 billion. And finally, Head of Novolipetsk Iron & Steel Works Board of Directors, Vladimir Lisin, is on the 3rd place, being only 64th in the list of world’s billionaires. It is noteworthy that he has earned much more than the rating leaders since the beginning of 2017, namely $3.44 billion. His combined fortune is $16.6 billion.

Chairman of Renova Board of Directors Viktor Vekselberg ($16,2 billion) and Chairman of the Board at Novatek Leonid Mikhelson ($16.1 billion) rank 5th and 6th, respectively, ranking 69 and 70 in the list of world’s billionaires. Co-owner of Alfa-Group Mikhail Fridman has grown rich by almost $1.2 billion (total fortune of $14.4 billion) since the beginning of the year, while Bloomberg estimates Alisher Usmanov's assets at $14.2 billion.

At the bottom of the top 10 Russian billionaires list are the beneficiary of Eurochem Andrey Melnichenko, Roman Abramovich, and Head of Lukoil Vagit Alekperov.

The increase in the total income of dollar billionaires from Russia from January 1 to November 1, 2017 amounted to $ 22.5 billion, Bloomberg notes. When calculating the index, the value of shares owned by the rating participants, as well as data from reports of companies, in which the billionaires own shares, was taken into account.

Tags: Oligarchs
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