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Forbes: Among Russian billionaires, Durov lost more than others

Among Russian billionaires, the founder of Telegram, Pavel Durov, lost the most, in 2023 his fortune is estimated at 11.5 billion dollars, according to the Forbes list.

In general, out of 110 participants in the Russian list, only 13 saw their fortunes decline during the year, with total losses amounting to $8.5 billion.

As for Durov, the decline in his fortune was influenced by the fall in the quotations of competitors – WhatsApp (owned by Meta, recognized as extremist and banned in Russia) and Snap, owner of the Snapchat messenger. As a result, Durov fell to tenth place among Russian billionaires, while in 2022 he was third.

Also, the fortunes of Russian billionaires such as Leonid Boguslavsky, Dmitry and Igor Bukhman, Farkhad Akhmedov, Oleg Boyko, Dmitry Rybolovlev, Pyotr Aven, Elena Baturina, Andrey Kosogov, Alexander Mamut, Alexander Svetakov, Gleb Fetisov also declined.

The richest Russians this year were EuroChem and SUEK founder Andrey Melnichenko ($25.2 billion), who ousted NLMK board chairman Vladimir Lisin, Interros and Norilsk Nickel chief Vladimir Potanin ($23.7 billion) and Lisin ($22). .1 billion). Durov entered the top ten. At the same time, when sorting billionaires by country in the world ranking, the creator of Telegram does not appear in the “Russia” list – he is in the list related to the UAE.

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Russia Desk
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The Eastern Herald’s Russia Desk validates the stories published under this byline. That includes editorials, news stories, letters to the editor, and multimedia features on easternherald.com.

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