Wealth of Russia's richest people rises to record $625.5 billion - Finance news and analysis from Global Banking & Finance Review
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Wealth of Russia's richest people rises to record $625.5 billion

Published by Global Banking & Finance Review

Posted on April 17, 2025

2 min read

· Last updated: April 17, 2025

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Russian Billionaires' Wealth Reaches Record $625.5 Billion

MOSCOW (Reuters) - Russia's richest people saw their wealth rise by more than 8% to $625.5 billion over the past year, with at least 146 billionaires listed by the Forbes Russian-language list of the wealthiest people in Russia, the magazine said on Thursday.

Vagit Alekperov, former boss of the Lukoil oil company, topped the Forbes list for a second year, with a fortune of $28.7 billion. He resigned as president of Lukoil in 2022 after Britain imposed sanctions against him.

Alexei Mordashov took second place in the rating with wealth of $28.6 billion, rising from fourth place in last year's list.

Forbes said there were 15 completely new billionaires in the ranking, the richest of which was Indian-born Vikram Punia, owner of pharmaceutical company Pharmasyntez. Forbes said he had a fortune of $2.1 billion.

None of the billionaires listed by Forbes could be immediately reached for comment.

The richest 10 billionaires are listed below:

1) Vagit Alekperov - $28.7 billion

2) Alexei Mordashov - $28.6 billion

3) Leonid Mikhelson - $28.4 billion

4) Vladimir Lisin - $26.5 billion

5) Vladimir Potanin - $24.2 billion

6) Gennady Timchenko - $23.2 billion

7) Andrei Melnichenko - $17.4 billion

8) Pavel Durov - $17.1 billion

9) Alisher Usmanov - $16.7 billion

10) Suleiman Kerimov and family - $16.4 billion

(Reporting by Anastasia Lyrchikova; writing by Guy Faulconbridge; Editing by Kirsten Donovan)

Key Takeaways

  • Russian billionaires' wealth increased by over 8% to $625.5 billion.
  • Vagit Alekperov tops Forbes' list with $28.7 billion.
  • Alexei Mordashov rises to second place with $28.6 billion.
  • 15 new billionaires joined the Forbes ranking.
  • Vikram Punia, the richest new entry, has $2.1 billion.

Frequently Asked Questions

What is the main topic?
The article discusses the increase in wealth of Russian billionaires, reaching a record $625.5 billion.
Who topped the Forbes list?
Vagit Alekperov topped the Forbes list with a fortune of $28.7 billion.
How many new billionaires are there?
There are 15 new billionaires on the Forbes Russian list.

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