Russian billionaires get $21.6bn richer in 2017

Russian billionaires get $21.6bn richer in 2017
Alexey Mordashov

Alexey Mordashov, Severstal majority shareholder, is the richest man in Russia.

The aggregate wealth of 25 Russian billionaires has increased by $21.6 billion over 2017, according to the Bloomberg Billionaires Index (BBI). Alexey Mordashov, the Severstal main shareholder, is the richest man in Russia. His wealth has increased by $2.32 billion and stands at $19.2 billion now. President of Norilsk Nickel, Vladimir Potanin, ranks second with an estimated $17.9 (+ $1.32 billion). Vladimir Lisin, NLMK's board chairman, with $16.4 billion (+ $ 3.33 billion) is also in the top three.

Meanwhile, Novatek head Leonid Mikhelson has lost $1.19 billion and now owns $16.1 billion, taking the fourth place. He is followed by the majority owner of Renova Group, Viktor Vekselberg: his estimated fortune is $15.8 billion (+ $1.6 billion). Shareholder of the Alfa Group consortium, Mikhail Fridman, has also become richer, with $14.3 billion (+ $ 1.03 billion), while the founder of USM Holdings Alisher Usmanov is now worth $14.2 billion (+ $1.25 billion).

Among the ten leaders are also the majority shareholder of Evrokhim, Andrei Melnichenko ($13.4 billion, + $ 2.9 billion), Roman Abramovich ($12.5 billion, + $1.79 billion) and LUKoil CEO Vagit Alekperov ($12.2 billion + $244 million). The person leaving the list this year is Mikhail Gutseriev, the co-owner of Safmar Group, since he is now worth less than those the rating normally lists with his $3.95 billion.

Tags: Oligarchs
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