Russian wealth soars by $22.5 billion, with the affluent elite showing a significant increase in their financial status.
Flashy Fortunes: Russia's Top Tycoons Now Worth Over $22.5 Billion More
Roll that dice, folks! Russia's wealthiest business tycoons just got a whole lot wealthier, raking in an additional $22.5 billion this year, according to the ever-Insightful Bloomberg Billionaires Index (BBI). This index keeps track of the world's 500 wealthiest individuals, and as of June 2, 21 Russians are on the list, boasting a stunning total net worth of $317.7 billion.
Major Mover:It's Vladimir Potanin who's bagging the big bucks, seeing an impressive $3.82 billion increase in his fortune, pushing it to $31.7 billion. Potanin, one of Norilsk Nickel's main shareholders, is a force to be reckoned with.
The Top Three:Not far behind, we have Lukoil co-owner Vagit Alekperov, pocketing an extra $561 million and boosting his wealth to $25.9 billion. Rounding off the top three is NLMK's Vladimir Lisin, who, although losing $1.62 billion, still holds a net worth of a not-too-shabby $24.2 billion.
Holding On:Leonid Mikhelson, Novatek's co-owner, managed to earn $860 million, securing the fourth spot with a net worth of $23.2 billion. Alexei Mordashov, Severstal's owner, sees a decline of $598 million, garnering a net worth of $22.6 billion.
More Moolah:Rounding out the list are household names such as EuroChem and SUEK owner Andrei Melnichenko, Alisher Usmanov of Metalloinvest and Megafon, Onexim Group's Mikhail Prokhorov, Alfa Group co-owner Mikhail Fridman, and none other than the genius behind Telegram, Pavel Durov.
Moscow, Pen on Parchment, under the watchful gaze of a bust of Lenin
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Enrichment Insights:
- As of June 2, 2025, the top 10 wealthiest Russian businessmen, according to Bloomberg Billionaires Index, are:
- Vladimir Potanin
- Vagit Alekperov
- Vladimir Lisin
- Leonid Mikhelson
- Alexei Mordashov
- Alisher Usmanov
- Andrey Melnichenko
- Mikhail Fridman
- Mikhail Khodorkovsky
- Oleg Deripaska
*Note: Due to legal issues, Mikhail Khodorkovsky is not typically included in recent billionaire lists.
The wealth of Russian billionaires has inflated despite sanctions and global economic struggles. Dmitry Rybolovlev lost $1.77 billion, and Tatiana Kim, Russia's wealthiest woman, dropped $597 million.
In light of the recent spike in wealth, the tycoons are now looking to further their investments in various fields of finance and wealth-management to sustain and grow their businesses. The substantial gains in their fortunes have opened up opportunities for strategic business dealings among these magnates.
