Here are the top 10 richest people in Russia: ForbesBillionaires
. And none lost their spot in Russia’s top 10—all the tycoons who topped the list last year again top the new 2020 list—though roiling markets have shaken up the order. The country’s richest person is now oligarch Vladimir Potanin, one of just two top 10 Russians whose fortune rose this year. He’s worth $19.7 billion, up from $18.1 billion in 2019, thanks to hefty dividends from Nornickel, the publicly traded metals giant he runs. Last year he was Russia’s sixth-wealthiest person.
The other top 10 Russian tycoon to see his net worth rise in the past year: Alisher Usmanov, whose fortune is tied to a stake in iron ore and steel giant Metalloinvest, plus a diversified basket of investments, including shares of Facebook, Xiaomi and other telecom, mining and media companies. His fortune edged up about $800 million, to $13.4 billion.
. All of them are at least $1 billion poorer than a year ago. Leonid Mikhelson fell from first to third place among Russians this year, as shares of his natural gas giant Novatek stock fell by 50%, helping lop nearly $7 billion off his net worth. The stock drop also helped take $5.7 billion off the wealth of his partner, Gennady Timchenko. Steel baron Vladimir Lisin lost $3.
Here are the top 10 richest people in Russia; net worths were calculated using stock prices and exchange rates on March 18, 2020.Back in the top spot as Russia’s richest person, Potanin is credited with authoring the controversial “loans for shares” scheme that helped politically connected Russians gain control of state-owned companies during the country’s privatization in the 1990s. Today most of his wealth is parked in a 35% stake in Nornickel.
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