Leonid Mikhelson is the richest Russian businessman

Leonid Mikhelson is the richest Russian businessman
Leonid Mikhelson

The wealth of the NOVATEK executive board chairman and Sibur's largest shareholder is $24 billion.

Forbes has published the ranking of Russia’s richest businessmen in 2019. Top of the rating is Leonid Mikhelson, Sibur's largest shareholder and chairman of NOVATEK board, whose wealth is estimated at $24 billion.  

Vladimir Lisin, chairman of the board of directors of NLMK, ranked second with $21.3 billion. Last year, he was at the top. President of the oil company LUKOIL, Vagit Alekperov, is in third place with $20.7 billion. 

In the fourth and fifth places, there is Chairman of Severstal board of directors, Aleksey Mordashov ($20.5 billion) and a member of Novatek and Sibur board of directors, Gennady Timchenko ($20.1 billion). 

The top ten richest entrepreneurs also include President of Norilsk Nickel, Vladimir Potanin ($18.1 billion), the largest shareholder of Alfa Bank, Mikhail Fridman ($15 billion), co-owner of Eurochem, Andrey Melnichenko ($13.8 billion), founder of USM Holdings, Alisher Usmanov ($12.6 billion), and the owner of Millhouse, Roman Abramovich ($12.4 billion).

Elena Baturina is the richest woman in Russia in 2019; her fortune is $1.2 billion. She ranks 81th in the rating. Forbes assessed the capital of the founder of Wildberries, Tatyana Bakalchuk, at $1 billion. 

According to Forbes, the total wealth of the country’s richest businessmen is $496 billion. The top ten in the magazine's ranking is identical to the list of the ten richest Russians in the global ranking of Forbes published in March 2019.

Tags: Oligarchs
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