August 1, 2021

The five biggest fortunes in Russia according to Forbes

In one year, their total wealth has increased by $ 100 billion.

Getty Images

In one year, the total fortune of businessmen registered in this ranking has increased by 100 billion dollars.

In one year, their total wealth has increased by $ 100 billion. Credit: Getty Images

The Russian editorial staff of Forbes magazine published its annual ranking of the 200 richest entrepreneurs in Russia. As the publication points out, the threshold for entry into the ranking has never been higher: only businessmen with a fortune in excess of $ 500 million had a chance to make an appearance. This threshold was set last year at 350 million. The total wealth of the entrepreneurs mentioned in this ranking amounts this year to 460 billion dollars.

1. Leonid Mikhelson ($ 18.4 billion)

Crédit: Evgeny Biyatov / RIA NovostiCrédit: Evgeny Biyatov / RIA Novosti

For the second year in a row, Leonid Mikhelson, co-owner of Novatek, Russia’s largest private gas extraction company, tops the ranking of the country’s richest businessmen. He also owns large shares in the Russian petrochemical holding company Sibour. According to Forbes data, in one year his fortune has increased by $ 4 billion.

2. Alexei Mordachov ($ 17.5 billion)

Crédit: Grigoriy Sisoev / RIA NovostiCrédit: Grigoriy Sisoev / RIA Novosti

Alexeï Mordachov, owner of the mining and steel company Severstal and shareholder of the German tourist company TUI Group, is, according to the 2016 report, managed to move from sixth to second place in the ranking. In one year, his fortune has increased by $ 6.6 billion, an increase of more than 60%.

3. Vladimir Lissin ($ 16.1 billion)

Credit: Getty ImagesCredit: Getty Images

The top three also saw the arrival of Vladimir Lissine, owner of the Novolipetsk Metallurgical Combination (NLMK), who previously held 8th place. Over the past year, the businessman added $ 6.8 billion to his wealth, a record among the rankings.

4. Guennady Timchenko ($ 16 billion)

Crédit: Vladimir Fedorenko / RIA NovostiCrédit: Vladimir Fedorenko / RIA Novosti

The businessman Guennady Timtchenko, targeted by the sanctions put in place by the United States, progressed one place, thus climbing to the fourth step of the ranking. His fortune grew by $ 4.6 billion to reach $ 16 billion. The Volga group investment group belonging to it contributed to its enrichment alongside the construction company Stroytransgaz, the railway company Transoïl, its shares in the companies Novatek and Sibour, etc.

5. Alicher Ousmanov ($ 15.2 billion)

Crédit: Iliya Pitalev / RIA NovostiCrédit: Iliya Pitalev / RIA Novosti

Alicher Ousmanov was ousted from the top three this year. He was thus relegated to fifth place, despite his fortune increasing by $ 2.7 billion. Ousmanov runs one of the largest empires in Russia: among the assets of his company USM Holdings, we find the steel company Metalloinvest, the Baikal Mining Company, one of the main Russian telephone operators, MegaFon, shares of the Kommersant publishing house and English football club Arsenal.

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