Bloomberg: Russian billionaires make another $17bln since beginning of 2017

Bloomberg: Russian billionaires make another $17bln since beginning of 2017

28 Russian billionaires have made another $17,099 billion since beginning of 2017, according to the Bloomberg Billionaires Index.

The 500 wealthiest people are on the Index.

Severstal stockholder Aleksey Mordashov is the wealthiest Russian citizen. He made $1.49 billion since January 2017. His wealth is currently estimated at $18.4. Mordashov ranks 49 on the Index.

Norilsky Nikel CEO Vladimir Potanin is the second wealthiest Russian citizen. He ranks 53 on the Index. He has made $905 million since January 2017. His wealth is estimated at $17.5.

NLKM Board of Directors Chairman Vladimir Lisin ranks 60 on the Index. At the moment, his wealth is estimated at $16.6. He has increased his wealth by $1.6 billion since the beginning of 2017.

Renova Board of Directors Chairman and main owner Viktor Vekselberg made another $1.41 billion in the last 8 months. His wealth is estimated at $15.6.

Novatek CEO Leonid Mikhelson ranks 77 on the Index. He has lost $2 billion since the beginning of 2017. His wealth is currently estimated at $15.3.

Alfa-Group stockholder Mikhail Fridman made another $1.32 billion in the last 8 months. His wealth is estimated at $14.6. Fridman ranks 80 on the Index.

USM Holdings co-founder Alisher Usmanov also made it into the 100 wealthiest people list. He earned $1.47 billion in the last 8 months. His wealth is estimated at $14.4. Usmanov ranks 84 on the Index.

Stock value and accounting reports of companies, in which the billionaires hold stakes, were factored in when calculating the Index. Specialists also factored in correlation between capitalization of the said companies and EBITDA in some instances, as well as between stock value and earning per share.

It is worth noting that Bill Gates still remains TOP 1. His wealth is estimated at $86.4.

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