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BusinessTop Billionaires in Russia: The Definitive 2024 List

Top Billionaires in Russia: The Definitive 2024 List

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Russia, a nation rich in natural resources and innovation, boasts a plethora of billionaires who significantly impact both local and global economies. This article delves into the top Russian billionaires of 2024, their industries, and contributions. Understanding who these individuals are and how they amass their fortunes can provide valuable insights into Russia’s economic dynamics.

The Richest People in Russia

1. Vagit Alekperov

Vagit-Alekperov
Vagit Alekperov

Net Worth: $28.63 billion
Industry: Energy
Global Rank: 61
Vagit Alekperov, a titan in the energy sector, continues to lead as Russia’s wealthiest individual. His success stems from his pivotal role in Lukoil, a major player in the global energy market.

2. Leonid Mikhelson & Family

Leonid Mikhelson
Leonid Mikhelson

Net Worth: $27.42 billion
Industry: Energy
Global Rank: 67
Leonid Mikhelson, at the helm of Novatek, Russia’s largest independent natural gas producer, significantly impacts the energy sector.

3. Vladimir Lisin

Vladimir Lisin
Vladimir Lisin

Net Worth: $26.61 billion
Industry: Metals & Mining
Global Rank: 70
A key figure in the steel industry, Vladimir Lisin chairs NLMK Group, a leading manufacturer in the steel sector.

4. Alexey Mordashov & Family

Alexey Mordashov
Alexey Mordashov

Net Worth: $25.46 billion
Industry: Metals & Mining
Global Rank: 77
Alexey Mordashov‘s influence spans across multiple sectors, with significant stakes in Severstal and various other industries.

5. Vladimir Olegovich Potanin

Vladimir Olegovich Potanin
Vladimir Olegovich Potanin

Net Worth: $23.68 billion
Industry: Metals & Mining
Global Rank: 87
Vladimir Potanin’s fortunes are deeply rooted in Norilsk Nickel, the world’s leading producer of nickel and palladium.

6. Gennady Timchenko

Gennady Timchenko
Gennady Timchenko

Net Worth: $23.43 billion
Industry: Energy
Global Rank: 90
Co-owner of Novatek, Gennady Timchenko, plays a crucial role in the energy sector and has substantial interests in petrochemicals.

7. Andrey Melnichenko & Family

Andrey Melnichenko
Andrey Melnichenko

Net Worth: $18.72 billion
Industry: Diversified
Global Rank: 103
Andrey Melnichenko’s diverse investments include EuroChem, a major fertilizer producer, and SUEK, a leading coal company.

8. Alisher Usmanov

Alisher Usmanov
Alisher Usmanov

Net Worth: $13.58 billion
Industry: Metals & Mining
Global Rank: 146
A major player in the mining industry, Alisher Usmanov also has extensive investments in telecommunications and technology.

9. Mikhail Fridman

Mikhail Fridman
Mikhail Fridman

Net Worth: $13.35 billion
Industry: Finance & Investments
Global Rank: 149
Mikhail Fridman, a co-founder of Alfa Group, has a vast investment portfolio spanning various sectors, including banking and retail.

10. Mikhail Prokhorov

Mikhail Prokhorov
Mikhail Prokhorov

Net Worth: $10.96 billion
Industry: Finance & Investments
Global Rank: 206
Mikhail Prokhorov’s wealth comes from investments in precious metals and his ownership in various enterprises.

Russia’s billionaires are a testament to the nation’s resource richness and entrepreneurial spirit. These individuals not only shape the Russian economy but also leave a significant mark on global industries. Their diverse interests and robust financial strategies provide a fascinating glimpse into the mechanisms of wealth accumulation and economic influence.

FAQs

Who is the richest person in Russia, and what is their net worth?

Vagit Alekperov, with a net worth of $28.63 billion.

Which industry dominates among the top 10 billionaires in Russia?

Metals & Mining is the dominant industry among the top 10 billionaires.

Who is the youngest billionaire in Russia’s top 10, and how old are they?

Andrey Melnichenko, at 52 years old.

How many industries are represented in Russia’s top 10 billionaires?

Three industries: Energy, Metals & Mining, and Finance & Investments.

What percentage of Russia’s top billionaires are from the Metals & Mining sector?

50% (5 out of 10) of the top billionaires are from the Metals & Mining sector.


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Muzaffar Ahmad Noori Bajwa
Muzaffar Ahmad Noori Bajwa
Editor-in-chief, The Eastern Herald. Counter terrorism, diplomacy, Middle East affairs, Russian affairs and International policy expert.

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