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Russia's Richest Billionaires Fortune Rises to $625.5 Billion


Sun 20 Apr 2025 | 05:49 AM
Taarek Refaat

Forbes magazine revealed that the wealth of Russia's richest people increased by more than 80%, bringing their combined fortunes to $625.5 billion, representing 146 billionaires, according to its Russian-language list of Russia's Richest People.

Vagit Alekperov, the former head of Lukoil, topped the Forbes list for the second year in a row, with a fortune of $28.7 billion. Alekperov resigned from his position as head of Lukoil in 2022 after Britain imposed sanctions on him.

Alexei Mordashov ranked second with a fortune of $28.6 billion, moving up from fourth place on last year's list.

Forbes reported that 15 completely new billionaires joined the list, most notably Vikram Punia, the Indian-born owner of pharmaceutical company PharmaSynthetics, with a fortune of $2.1 billion.

Here is a list of the 10 richest billionaires:

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