Russia has added 15 new billionaires to Forbes’ annual rating of the sector’s richest other folks during the last yr, putting it 5th globally on the subject of inexperienced persons.
In spite of sanctions and the fallout of the full-scale invasion of Ukraine, the Kremlin’s redistribution of overseas belongings and a wave of nationalizations have created a brand new Russian elite.
The U.S. crowned the brand new billionaires listing with 103 new billionaires, adopted through Germany (37), China and Hong Kong (32) and India (17).
The overall choice of Russian billionaires at the listing rose to 146 from 125 a yr in the past.
Vagit Alekperov, founding father of the Lukoil oil main, stays the richest Russian with a web value of $28.7 billion, adopted carefully through Severstal metal wealthy person Alexei Mordashov ($28.6 billion) and the Novatek gasoline main’s chairman Leonid Mikhelson ($28.4 billion), consistent with Forbes.
A number of the new entrants are Vikram Punia, founding father of Pharmasyntez pharmaceutical corporate ($2.1 billion web value); Alexander Isaev of the Elgaugol coal corporate ($1.3 billion); and Ludmila Kogan, who inherited her overdue husband’s stake in UralSib financial institution ($1.3 billion).
Additionally debuting are Miratorg agricultural main founders Alexander and Viktor Linnik ($1.3 billion each and every) and the 1C instrument corporate’s founder Boris Nuraliev ($1.3 billion).
Andrei Filatov and companions Nikita Mishin and Konstantin Nikolaev, all former shareholders of the Globaltrans rail operator, entered the rating with $1.2 billion each and every.
Different notable entries come with Alexander Evnevich of the Orimi Staff and Tatiana Volodina, former CEO of L’Etoile, each with a $1.1 billion web value.
Forbes additionally famous that Ivan Tavrin, who entered the rating in 2023 because the richest Russian newcomer with $2.4 billion, greater his wealth to $4.4 billion in 2024.
On the identical time, Tatiana Kim (previously Bakalchuk), the founder and CEO of Russia’s biggest e-commerce platform Wildberries, stays Russia’s richest girl with a fortune of $4.6 billion, consistent with Forbes. Kim tops the listing of Russia’s richest ladies for the 5th yr in a row.
Wildberries has been rocked through the talk surrounding a merger take care of Russ Staff, an out of doors promoting operator this is one-tenth its dimension. The dispute noticed Kim’s now-ex-husband Vladislav Bakalchuk flip to Chechen strongman Ramzan Kadyrov for assist in combating what he described as a “antagonistic takeover” of Wildberries.
Wildberries introduced the merger with Russ Staff in June 2024 because the events arrange a three way partnership RVB, by which 65% went to Wildberries and 35% to Stinn LLC (its beneficiaries are the house owners of Russ brothers Levan and Robert Mirzoyan, who’re connected to billionaire and Dagestan senator Suleiman Kerimov).
The opposite wealthiest Russian ladies come with the principle shareholder of Uralsib Financial institution Lyudmila Kogan and President of Inteco Control Elena Baturina, either one of whom have a web value of $1.3 billion, in addition to Lukoil shareholder Yekaterina Fedun, whose fortune is estimated at $1.1 billion.
This newsletter first gave the impression in bne IntelliNews.
