Russian billionaires grow $18.4 bln richer since beginning of year

Russian billionaires grow $18.4 bln richer since beginning of year

Leonid Mikhelson remains the most wealthy oligarch. He has earned $4.93 billion for three quarters of this year.

Bloomberg Billionaires Index (BBI) experts have estimated the incomes of 23 Russian dollar billionaires and found out that they have grown $18.4 billion richer since the beginning of the year. 

The CEO of the Russian gas company Novatek Leonid Mikhelson is still ranked the first on the list. He has earned $4.93 billion for 9 months of this year. His fortune is estimated at about $21.6 billion. 

The head of Novolipetsk or NLMK, one of the four largest steel companies in Russia, Vladimir Lisin does not lag behind a lot. His fortune is about $20.6 billion. His fortune has grown $2.55 billion up for three quarters of this year. 

The head of Severstal (Russian conglomerate with interests in metal, energy and mining companies) Alexey Mordashov is on the 3rd place with $20.2 billion ($491 million earned for 9 months). 

Nornikel chairman of the executive board Vladimir Potanin is on the 4 place with $18.8 billion. He did not manage to increase his fortune - he lost $144 million. 

And finally, Lukoil coowner Vagit Alekperov is on the 5 place. He increased his fortune by $4.28 billion - now, he has $16.9 billion. 

The list of the richest Russians also includes the main beneficiary of fertilizer producer EuroChem Group and coal producer SUEK Andrey Melnichenko ($16.4 billion), the coowner of Novatek and Sibur Gennady Timchenko ($15.8 billion), the owner and president of Renova Group Viktor Vekselberg ($15 billion), and Roman Abramovich (Evraz) and Alisher Usmanov with $14.7 and $14.5 billion, respectively. 

For Iskander Makhmudov (the main owner of Uralskaya Gorno-Metallurgicheskaya Kompaniya (UGMK) Holding and partial owner of CJSC Transmashholding (TMH), this year was unsuccessful. He has lost more than anyone else - $1.98 billion. Now, his fortune is estimated at $4.5 billion. 

Tags: Oligarchs


1 / 3