Please or Register to create posts and topics.

20 richest Russian businessmen in the Forbes global ranking

Quote from Timothy Fitzpatrick on April 5, 2023, 11:54

20 richest Russian businessmen in the Forbes global ranking
April 4, 2023

Forbes publishes the 37th annual ranking of the richest people in the world. There are 110 Russian billionaires in it, 22 more than last year, but significantly less than in 2021, when Russia was represented by 123 participants

Andrey Rudakov·Bloomberg via Getty Images

№1 Andrey Melnichenko and family

Age: 51
Position: former member of the board of directors of Eurochem and SUEK Net
worth: $25.2 billion
Source of wealth: fertilizers, coal, energy
Marital status, children: married, two children
City of residence: Ras al-Khaimah, UAE
Education : Russian Academy of Economics (1997)

Career: in  the 1990s, he studied at the Physics Department of Moscow State University, lived in a student hostel, where he organized a currency exchange office. MDM Bank grew out of a network of exchange offices. In the late 1990s, Melnichenko and Sergey Popov (No. 41) created a company on a parity basis, which in 2000-2002 acquired a number of production assets, SUEK, TMK and Eurochem were created on their basis.

Equity:  shares in fertilizer producer Eurochem and coal company SUEK, which are held by a discretionary trust.

Deal: In August 2019, EuroChem bought a 10% stake in the company from its former head Dmitry Strezhnev for $785 million.

Debts: in 2016 and 2018, EuroChem received a perpetual loan in two tranches for $850 million from AIM Capital PLC, at that time controlled by Andrey Melnichenko. In 2021, EuroChem fully repaid the loan to its shareholder.

Sanctions:  the European Union and the UK - from March 2022, the USA - from August.

Yachts: Melnichenko owns Motor Yacht A with an estimated value of $255 million and the world's largest sailing yacht A ($425 million). The latter was detained in early March 2022 in Italy as part of the implementation of EU sanctions.

Quote: “Being Russian by nationality, Belarusian by birth and Ukrainian by blood, I feel great pain and confusion, seeing how fraternal peoples fight and die.”

Semyon Katz for Forbes

№2 Vladimir Potanin

Position: President of Interros Holding, President of MMC Norilsk Nickel
Net worth: $23.7 billion
Source of wealth: non-ferrous metallurgy, finance
Age: 62
Marital status, children: married, seven children
City of residence: Moscow
Capital:  MMC Norilsk Nickel » (37%), Rosbank (45%), TCS Group (35%)

Sanctions: April 2022 - Australia, Canada, June - Great Britain, December - USA.

Figure:  According to Forbes, Interros paid $260 million to Oleg Tinkov's family trust for a 35.1% stake in Tinkoff Bank's parent company TCS Group in April 2022. At the time of the transaction, the value of this stake on the Moscow Exchange exceeded $2.6 billion.

Deal: In May 2022, Interros bought Rosbank from the French group Societe Generale, which announced its withdrawal from Russia. Once Potanin owned this bank together with ex-partner Mikhail Prokhorov (No. 12) - in the second half of the 2000s they sold control to Societe Generale.

Conflict:  in 2022, the agreement between the largest owners of Norilsk Nickel expired: the structures of Potanin, Roman Abramovich (No. 16) and his partners, as well as UC Rusal. The shareholder conflict in the company flared up again. In October 2022, UC Rusal filed a lawsuit against Potanin in the High Court of London. The aluminum producer believes that because of Potanin, Norilsk Nickel has lost a number of business assets.

Charity: Potanin's charitable foundation created an endowment, the first contribution to which from the billionaire amounted to 10 billion rubles in cash. In the fall of 2022, Potanin contributed 47% of Rosbank to the fund, and transferred another 7.5% of the bank's shares to a motivational program for management.

Quote: “When Norilsk Nickel was privatized, about 25% of the shares belonged to employees. But <…> many sold these shares. I would like to restore this historical justice and bring 25% of Norilsk Nickel shares back to people, including employees.”

Valery Sharifulin·TASS

№3 Vladimir Lisin

Position: Chairman of the Board of the National Sporting Federation
Net worth: $ 22.1 billion
Source of wealth: metallurgy, transport
Age: 66 years old
Marital status, children: married, three children
City of residence: Moscow
Education: Siberian Metallurgical Institute (1976)

Career: began his career as an electrician in the Yuzhkuzbassugol association. After graduating from the institute, he worked at metallurgical enterprises, went from assistant to a steelmaker to deputy general director of the Karaganda Metallurgical Plant.

First business: in the late 1980s, he headed the Soviet-Swiss company TSK-Steel, which traded substandard metal abroad.

Capital: NLMK, First Freight Company, First Port Company.

Sport: In November 2022, he lost the election for the position of President of the International Shooting Sports Federation (ISSF). According to the Inside the Games news site, Lisin won 127 votes, while Luciano Rossi won the election with 136 votes. The Russian billionaire has led the ISSF since 2018.

Detail: in the database of Rospatent, Lisin is listed as the author of new methods for washing a blast furnace, processing steel in a ladle, obtaining a coating on a metal strip, and the owner of a couple of dozen more patents.

Hobbies: sports shooting, hunting. He built the largest in Europe sports and shooting complex "Lisya Nora" in the Moscow region.

Quote: “The most important thing for us today is to fulfill our obligations to our customers, to keep jobs, to provide financial support to our employees […] to help those in need.”

Sergei Karpukhin·Reuters

№4 Leonid Mikhelson

Position: Chairman of the Board of Novatek PJSC
Source of wealth: gas, petrochemicals
Net worth: $21.6 billion
Age: 67 years old
Marital status: married, two children
City of residence: Moscow
Education: Kuibyshev Civil Engineering Institute (1977)

First business:  since 1987 he headed Kuibyshevtruboprovodstroy, in 1991 he transformed the trust into a private enterprise Nova.

Capital: Novatek (24.6%), Sibur (30.6%).

Sanctions: April 2022 - Australia, UK, Canada.

Deal: In October 2021, Sibur merged with the Tatarstan industrial group TAIF, becoming the owner of TGK-16 (power industry) and stakes in Nizhnekamskneftekhim and Kazanorgsintez. The combined company was valued at $27 billion, TAIF shareholders received a 15% stake in Sibur and company bonds worth almost $3 billion.

Project: in the north of Yamal, Novatek is building a plant for the production of liquefied gas Arctic LNG-2 with a capacity of 19.8 million tons per year and a cost of $21.3 billion.

Figure: According to Forbes, Mikhelson spent $470 million on the reconstruction of the old Moscow hydroelectric power station on Bolotnaya Embankment, in the building of which the GES-2 House of Culture was opened in December 2021. The project is managed by Michelson's VAC Foundation. In the fall of 2022, GES-2 became the owner of the nearby Udarnik cinema, which is planned to be restored in four years.

Family: in January 2023, he transferred to his daughter Victoria, after whom the VAC (Victoria - the Art of Being Contemporary) fund is named, a 2.5% stake in Novatek and the GES-2 House of Culture.

Quote: “Even before sanctions and covid, the green agenda began to lead to a lack of energy resources in the European market. The terms of wind generation and solar generation do not coincide. The wind, it turns out, does not blow 365 days a year.

Semyon Katz for Forbes

№5 Alexey Mordashov and family

Position: General Director of Severgroup Holding Net
worth: $20.9 billion
Source of wealth: ferrous metallurgy, gold, mechanical engineering
Age: 57 years old
Marital status, children: married, seven children
City of residence: Moscow
Education: Leningrad Institute of Engineering and Economics (1988)

First business: in 1992 he was appointed Director of Finance and Economics of the Cherepovets Metallurgical Plant (CHMK). He entered into the first contracts with traders who sold metal to the West. Having received carte blanche from the director of the plant, Yuri Lipukhin, he bought for himself a controlling stake in ChMK.

Capital: Severstal, Nordgold, TUI, Lenta, Power Machines.

Deal: In October 2022, Mordashov transferred control of the Sveza timber processing company to its top management.

Sanctions: In February-March 2022, the authorities of the European Union and the United Kingdom included Mordashov in their sanctions lists. In June 2022, the businessman and his family members came under US sanctions.

Family: in 2019, Mordashov transferred 65% of his stakes in the Nordgold gold mining company and the TUI travel operator to his sons Kirill and Nikita, but in the summer of 2020 Nikita was expelled from the HSE, he went to serve in the army and transferred the shares received from his father to his older brother. In December 2021, the businessman returned all the shares to himself, and in 2022 he transferred most of the Nordgold shares to his wife Marina.

Yacht: At the beginning of 2021, he received a new Nord yacht (142 m) for at least $300 million.

Quote: “Now it is very difficult to return foreign exchange earnings, partly impossible. We, Severstal, lost $400 million, a little more - stuck in Europe, was arrested in the form of inventory, account balances. We won't get them until sanctions are lifted."

Sergei Savostyanov·TASS

№6 Vagit Alekperov

Position: Chairman of the Public Council of the Our Future Foundation
Net worth: $20.5 billion
Source of wealth: oil, investments
Age: 72
Marital status, children: married, son
City of residence: Moscow
Education: Azerbaijan Institute of Oil and Chemistry. M. Azizbekova (1974)

First business: in the late 1980s he worked as the general director of the Kogalymneftegaz production association, in the 1990-1991s he was the deputy minister of the oil and gas industry of the USSR. In 1992-1993, he created the oil concern LangepasUrayKogalymneft, on the basis of which OAO Lukoil was created. In the process of privatization, he became its largest shareholder.

Capital: NK Lukoil

Sanctions: Alekperov stepped down as president of Lukoil in April 2022, days after the UK imposed sanctions on him.

Figure: Alekperov received $2.2 billion in dividends from Lukoil in 2022.

Event: in 2019-2020, Lukoil redeemed 57.1 million of its shares, reducing its authorized capital by 7.6%.

Detail: Alekperov owned the Dutch shipyard Heesen Yachts, where his 70-meter yacht Galactica Super Nova was built in 2016. In May 2022, he transferred all his shares to an independent Dutch foundation.

Hobby: collecting old coins. The main direction is Russian gold and platinum coins, but there is also a large collection of antique ones. About 5000 coins are presented in the Museum of the International Numismatic Club opened by Alekperov.

Quote:  “Today, all friendly countries are being studied, including Azerbaijan and Turkmenistan, because this will be a “window” for us [for Russian oil].”

Evgenia Novozhenina·Reuters

№7 Gennady Timchenko

Position: Chairman of the Board of Directors of the Continental Hockey League
Source of wealth: gas, petrochemicals
Net worth: $18.5 billion
Age: 70 years old
Marital status, children: married, three children
City of residence: Moscow
Education: Leningrad Mechanical Institute (1976)

First business: worked as vice president of the foreign trade organization Kirishineftekhimeksport (Kineks), established at the Kirishi Oil Refinery in the Leningrad Region. In 1996, at a privatization auction, together with partners, he bought Kineks, from which Gunvor, one of the world's largest oil traders, later grew.

Capital: Novatek (23.5%), Sibur (17%), Stroytransgaz (53%), Transoil (80%).

Partners: Leonid Mikhelson (No. 4), as well as former shareholders of TAIF Group Airat (No. 85) and Radik Shaimievs (No. 86), Rustem Sulteev (No. 92) and Albert Shigabutdinov (No. 93).

Sanctions: March 2014 - USA, Canada, June - Australia, February 2022 - UK, EU, March 2022 - Japan.

Second citizenship: Finland.

Event: in the summer of 2020, together with partners, he sold his major contractor Stroytransneftegaz to structures associated with Gazprom. Timchenko and his family owned about 50% of the company, the transaction amount is estimated at 30 billion rubles.

Court: in June 2022 challenged in court personal EU sanctions against him.

Deal: in the fall of 2022, he sold the Aquanika water producer to entrepreneur Mikhail Soskov.

Brand: Divnomorskoye Estate winery.

Sport: President of HC SKA, Chairman of the Board of Directors of the KHL, Member of the Executive Committee of the Russian Olympic Committee.

Quote: “I think that the decisions that they [the government] sometimes take, in particular with the rate ... this, of course, is a mistake. In any case, we will try to send our signals to the government that it will be impossible for business to survive with such interest rates.

Alexander Malikov for Forbes

№8 Alisher Usmanov

Position: founder and main shareholder of USM Net
worth: $14.4 billion
Source of wealth: metallurgy, telecommunications
Age: 69 years old
Marital status, children: divorced
City of residence: Tashkent, Uzbekistan

First business: in the late 1980s, he organized the Agroplast cooperative, which produced plastic bags.

Capital: Major shareholder (49%) USM (Metalloinvest, Udokan Copper, MegaFon), Kommersant Publishing House.

Partners:  Andrei Skoch's family (No. 20) and British-Iranian businessman Farhad Moshiri.

Deal: In 2018, he sold his 30% stake in London FC Arsenal for £550m to another club shareholder, billionaire Stan Kronke. Now Usmanov supports the Russian club with the same name - FC Arsenal Tula.

Sanctions: February 2022 - EU sanctions, March 2022 - US and UK sanctions.

Sports: Usmanov is a master of sports in fencing, since 2008 he has been the president of the International Fencing Federation (FIE) headquartered in Lausanne. In March 2022, he suspended his powers due to sanctions.

Relocation: in 2022 he moved to his homeland, to Uzbekistan, and asked to be released from membership in the bureau of the board of the RSPP. In March 2023, his request was granted.

Yacht: A trust founded by Usmanov, from whose beneficiary he left in 2017, owns the 156-meter Dilbar yacht - not the longest, but the most spacious in the world and the most expensive among all the yachts of Russian billionaires, its estimated value is $ 550 million. Frozen due to sanctions in the port of Hamburg.

Quote: “I will put all my strength and resources to help Uzbekistan and be useful to my country. This is my great goal, for the sake of which I left the management of corporate assets and even stopped participating in many of my projects as a shareholder.

Pavel Golovkin·Reuters

№9 Mikhail Fridman

Position: former member of the boards of directors of LetterOne Holdings, Alfa Group companies and banks Net
worth: $12.6 billion
Source of wealth: oil, finance, communications, retail
Age: 58
Marital status, children: divorced, five children
City of residence: London
Education: Moscow Institute of Steel and Alloys (1986)

First business: in 1988, together with friends from MISiS, he organized the Courier cooperative, which was engaged in the delivery of products to the population. He earned his first money by cleaning windows.

Capital: the main owner of the LetterOne Holdings group (oil and gas company Wintershall DEA (33%), VEON - 56.2%, Turkcell - 19.8%) and the assets of the Alfa Group consortium (Alfa Bank - 90.1%, " AlfaStrakhovanie, X5 Retail Group -47.9%) (as of February 24, 2022).

Sanctions: In February 2022, Friedman was sanctioned by the European Union, and in March 2022 by the United Kingdom. The businessman, together with partner Petr Aven (No. 31), are challenging them in court - in May 2022 they filed lawsuits with the European Court of Justice in Luxembourg against the Council of the EU.

Figure: Alfa Group received $14 billion in March 2013 from the sale of its stake in TNK-BP to Rosneft.

Deal: In 2019, the merger of two German companies, DEA and Wintershall, was completed. As a result, the largest independent oil and gas company in Europe, its shareholders LetterOne (33% of shares) and BASF concern (67% of shares) were created. In January 2023, Wintershall Dea announced its withdrawal from Russia, estimating its loss from this step at €5.3 billion.

Brands: Beeline, Pyaterochka, Perekrestok, Borjomi.

Second citizenship: Israel.

Quote: “If the people who make decisions in the EU think that because of the sanctions I can approach Mr. Putin and tell him to stop the “special operation” [edited by Forbes], and this will work, then I’m afraid we have Everyone is in big trouble."

DR

№10 Pavel Durov

Position: founder of Telegram
Net worth: $11.5 billion
Source of net worth: Internet
Age: 38 years old
Marital status, children: single, two children
City of residence: Dubai, UAE

The first business: during the years of study at St Petersburg University, he created a forum for students, which then grew into the social network VKontakte.

Capital: Telegram messenger.

Conflict: Durov's unwillingness to provide the FSB with keys to access users' correspondence led to the blocking of the Telegram service by Roskomnadzor from April 16, 2018. But the messenger still continued to work. On June 18, 2020, the restrictions were lifted.

Citizenship: Russia, Saint Kitts and Nevis, France, UAE

Project: The Durov brothers planned the creation of the TON blockchain platform. During two closed preliminary rounds in 2018, they managed to raise $1.7 billion. Among the investors were Roman Abramovich (No. 16), Sergey Solonin, David Yakobashvili. The launch of the TON blockchain platform was planned for the end of 2019, but in October 2019, the US Securities and Exchange Commission (SEC) demanded a ban on the release of its Gram cryptocurrency and filed a lawsuit in a Manhattan court to suspend the ICO. In May 2020, Durov announced the closure of the project.

Achievement: Over the past five years (from 2018 to 2022), Telegram overtook Facebook Messenger (owned by Meta, recognized as extremist and banned in Russia) to become the most popular cloud messaging app over the past five years (from 2018 to 2022), second only to WhatsApp. “No wonder our competitors are worried!” Durov reacted to this in his Telegram channel.

Artem Geodakyan·TASS

№11 Vyacheslav Kantor

Position: private investor Net
worth: $11.3 billion
Source of wealth: mineral fertilizers, real estate
Age: 69 years old
Marital status: married, five children
City of residence: Herzliya, Israel
Education: Moscow Aviation Institute (1976)

First business: in the late 1980s, he established the Composite Commercial Center (sales and installation of computer equipment at industrial enterprises).

Capital: mineral fertilizer producer Akron.

Citizenship: Russia, Israel, UK.

Awards: Order of Friendship and Honor (Russia), Order of the Legion of Honor (France), Order of Merit for the Italian Republic (Italy), Order of Leopold I (Belgium), Order of Prince Yaroslav the Wise (Ukraine).

Collection: in 2001 he founded the Museum of Avant-Garde Art, all authors are Russian artists of Jewish origin. The estimated value of the collection is $500 million, it includes Valentin Serov's painting "The Abduction of Europe".

Sanctions: In April 2022, it was included in the sanctions lists of the UK and the European Union.

Deal: in June 2022, the businessman reduced his ownership stake in Acron below the control, transferring more than 45% of the shares of the companies to trust management of its top managers.

Sasha Malikov for Forbes

№12 Mikhail Prokhorov

Position: private investor
Net worth: $11.3 billion
Source of wealth: investments
Age: 57
Marital status, children: single
City of residence: Frauenfeld, Switzerland
Education: Moscow Financial Institute (1989)

Equity: cash from sale of assets ($9 billion), Renaissance Credit Bank.

Sports: In 2019, he completed the sale of the Brooklyn Nets NBA club and the Barclays Center sports arena to Alibaba Group co-owner Joseph Tsai. The transaction amount is $3.5 billion, it took place in two stages.

Politics: in 2012 he ran for the presidential elections in Russia. As a result, he took third place, receiving 7.98% of the vote.

Hobbies: Tibetan martial art teskao.

Charity: The Mikhail Prokhorov Foundation supports cultural projects: the Golden Mask Festival, the Big Cartoon Festival and others.

Yacht: Palladium 95.15 meters long, built in 2010, ranked 11th in the Forbes yacht ranking. Its estimated cost is $155 million.

Deal: in February 2023, the Onexim group of Mikhail Prokhorov transferred the ownership structure of Renaissance Credit Bank to Russia, before that control over the bank was carried out through the Dutch and Cypriot companies.

Stanislav Krasilnikov·TASS

№13 Suleiman Kerimov and family

Position: member of the Federation Council
Net worth: $10.5 billion
Source of wealth: investments
Age: 57
Marital status, children: married, three children
City of residence: Moscow
Education: Dagestan State University (1989)

Capital: before the start of the “special operation”, the Kerimov family owned 76.3% of the shares of the Polyus gold mining company, they were owned by Kerimov’s son Said. At the end of March 2022, Said sold part of his stake in Polyus to Akhmet Palankoev. The remaining stake in Polyus was donated to the Fund for the Support of Islamic Organizations.

Politics: in 1999-2007, Suleiman Kerimov was a State Duma deputy from the Liberal Democratic Party and United Russia, since 2008 - a member of the Federation Council from Dagestan.

Award: Order of Friendship for "active participation in the socio-political life of the state."

Sanctions: Suleiman Kerimov: USA - April 2018, EU and UK - March 2022. Said Kerimov: EU and UK - April 2022, USA - November 2022.

Yacht: In April 2022, Amadea's $325 million superyacht was delayed in Fiji. In June, by decision of the Supreme Court of the island, she was transferred to the United States. In Washington, Amadea is called the yacht of Suleiman Kerimov.

Maxim Shemetov·Reuters

№14 Victor Rashnikov

Position: Chairman of the Board of Directors of MMK
Net worth: $10.2 billion
Source of wealth: ferrous metallurgy
Age: 74
Marital status, children: married, two children
City of residence: Magnitogorsk, Chelyabinsk region
Education: Magnitogorsk Mining and Metallurgical Institute (1974)

Capital: Magnitogorsk Iron and Steel Works (79.76%).

Sanctions: In March 2022, Rashnikov came under EU and UK sanctions. Before that, the businessman managed to transfer his MMK shares from Cyprus to a Russian company. In August 2022, the United States included Rashnikov on its sanctions list.

Deal: Rashnikov sold 4.5% stake in MMK in 2021. As a result, the free-float of the company exceeded 20%, and the businessman was able to earn more than $450 million.

Yacht: Rashnikov's 140-meter Ocean Victory is ranked 16th in the list of the largest yachts in the world according to Robb Report magazine.

Sports: a passionate hockey fan, since 1999 he has been the president of the Metallurg hockey club (Magnitogorsk).

Heirs: Rashnikova's youngest daughter Olga was on the board of directors of Magnitogorsk until the end of March 2022, and the eldest Tatyana is the director of the Swiss company MMK Trading AG.

Andrey Epikhin·TASS

№15 Andrey Guryev and family

Position: Vice President of the Russian Union of Chemists
Net worth: $9.7 billion
Source of wealth: mineral fertilizers, agriculture
Age: 63
Marital status: married, two children
City of residence: Moscow
Education: State Central Institute of Physical Culture (1983), St. Petersburg State Mining Institute (2006)

First business: in 1991, the real estate company Lars LLP was created, Guryev owned 30%, the Menatep group - 70%. The firm was engaged in the reconstruction and construction of buildings in the center of Moscow.

Capital: together with his family at the beginning of 2022, he owned shares in the mineral fertilizer manufacturer PhosAgro (48.48%) and the agricultural holding AgroGuard.

Politics: from 2001 to 2013 - member of the Federation Council from the Murmansk region.

Heirs: son Andrey Guryev, Jr. - Chairman of the Board and CEO of Phosagro from 2013 to 2022.

Sanctions: In March 2022, the European Union included Andrey Guryev Jr. on the sanctions list. After that, father and son left the board of directors of Phosagro, and Guryev Jr. also resigned from the post of general director of the company. In April 2022, Guryev Sr. came under British sanctions, in August, the United States included his father and son in their sanctions list.

Sergey Kiselev·Moscow Agency

№16 Roman Abramovich

Position: main owner of investment company Millhouse
Net worth: $9.2 billion
Source of wealth: metallurgy, investments
Age: 56
Marital status, children: divorced, seven children
City of residence: Moscow
Education: Moscow Law Academy (2001)

First business: in 1988 he headed the Uyut cooperative (production of rubber toys). In the early 1990s, he engaged in the sale of petroleum products.

Capital: Evraz (28.64%, direct ownership), real estate, shares of Norilsk Nickel, Yandex, Renaissance Insurance, ivi.

Figure: $ 13 billion received in 2005 from the sale of 73% of Sibneft shares to Gazprom.

Citizenship: In May 2018, he became an Israeli citizen. In April 2021 - Portugal.

Sanctions: in March 2022 - the UK and the EU.

Sport: In May 2022, his Chelsea football club was sold for almost $5 billion to a group of investors led by American billionaire Todd Boely. Abramovich did not receive the money.

Mir: acted as an intermediary in negotiations between Kiev and Moscow, helped hundreds of prisoners of war, including 10 foreigners, to return to their homeland.

Yachts: Abramovich's ships do not leave the coast of Turkey - in the spring of 2023, his Eclipse could be seen in Bodrum, Solaris - in Göcek.

Ivan Kaidash for Forbes

№17 Tatyana Bakalchuk

Position: CEO of Wildberries
Net worth: $8.8 billion
Source of wealth: Internet trading
Age: 47
Marital status: married, seven children
City of residence: Moscow
Education: Moscow State Regional Social and Humanitarian Institute (1997)

Capital: Wildberries (99%).

Start: Bakalchuk started her business while on her first maternity leave. She traded clothes from the Otto and Quelle catalogs and in 2004, with the help of her husband Vladislav, created the Wildberries online trading website.

Figure: up to 1.669 trillion rubles, almost twice, the turnover of Wildberries increased in 2022.

Achievements: In 2022, the number of Wildberries orders on the site reached 1.5 billion. Wildberries processes approximately 7 million orders per day.

Detail: before starting a business, Bakalchuk taught English, worked as a tutor.

Foreign markets: Until March 2022, Wildberries had offices in 18 countries, including the US, UK, Germany, France, Italy and Spain. By the summer of 2022, the list of countries was reduced to six: Kazakhstan, Belarus, Armenia, Uzbekistan, Kyrgyzstan and Israel.

Vladislav Shatilo·RBC·TASS

№18 Herman Khan

Position: former member of the boards of directors of LetterOne and Alfa Group companies Net
worth: $8.2 billion
Source of wealth: oil, finance, communications, retail
Age: 61
Marital status, children: married, four children
City of residence: Moscow
Education: Moscow Institute of Steel and Alloys (1987)

First business: after graduation, he started sewing and selling clothes in the Alexandrina cooperative together with Alexander Furman, a future State Duma deputy. In 1989, he joined Mikhail Fridman (No. 9) and Alexei Kuzmichev (No. 25), whom he knew from MISiS, at Alfa-Photo.

Capital: the second owner after Fridman of LetterOne Holdings (L1) (oil and gas company Wintershall DEA (33%), VEON - 56.2%, Turkcell - 19.8%) and assets of the Alfa Group consortium (Alfa Bank - 90, 1%, AlfaStrakhovanie, X5 Retail Group - 47.9%) (as of February 24, 2022).

Court: Khan, Friedman and Petr Aven (No. 31) have filed libel suits in the United States since October 2017 in connection with their mention in the “Trump dossier” against its author Christopher Steele, and lost. The trial continued in London and in July 2020 ended in victory for the partners.

Sanctions: in March 2022, came under EU and UK sanctions.

Citizenship: Russia, Israel

Oleg Bukharev·TASS

№19 Leonid Fedun

Position: private investor, former vice president of NK Lukoil
Net worth: $8 billion
Source of wealth: oil, finance
Age: 67
Marital status, children: married, two children
City of residence: Moscow
Education: Military Academy. F. E. Dzerzhinsky (1984)

First business: moonlighting as a lecturer of the society "Knowledge". In 1987 he lectured in Kogalym, where he met Vagit Alekperov (No. 6). In 1995, he created the Lukoil-reserve-invest brokerage company, the basis of the future investment holding.

Capital: a block of shares in Lukoil (9.3%) (as of February 24, 2022). Together with Alekperov, he owns the Private Assets company, which manages their closed-end funds.

Figure: Lukoil received $730 million in dividends in 2022.

Heirs: in November 2018, he transferred 17 million shares of Lukoil (2.46%) to his children. In April 2023, this package was worth about $960 million.

Collection: collects works by Nicholas Roerich.

Sports: in August 2022, Fedun sold to Lukoil a 100% stake in the Spartak football club, which he had owned since 2004, and the Otkritie Bank Arena club stadium. He stepped down as president and chairman of the club's board of directors.

Stanislav Krasilnikov·TASS

№20 Andrey Skoch and family

Position: Deputy of the State Duma
Net worth: $ 7.9 billion
Source of wealth: metallurgy, telecommunications, Internet, airport
Age: 57 years old
Marital status, children: single, ten children
City of residence: Moscow
Education: Moscow State Open Pedagogical University (1998)

First business: in the early 1990s, he met Alisher Usmanov (No. 8) while trying to get a batch of oil for processing at the Moscow Oil Refinery. The deal did not take place, but the relationship began, and subsequently the businessmen became partners.

Capital: stake in USM (30%), in Vnukovo airport (61.5%). Formally, the assets of Deputy Skoch are owned by his father Vladimir Skoch and daughter Varvara.

Income: the official declared income for 2021 is 608 million rubles.

Sanctions: USA - from 2018, EU - from February 2022, UK - from March 2022. It is also under the sanctions of Japan, Australia, Canada, Switzerland and Ukraine.

Event: in 2020, the block of USM shares owned by Skoch's father was divided into two equal parts - 15% of the shares were transferred to the businessman's daughter Varvara.

Sports: Honored Master of Sports in Sambo.

Yacht: Family yacht Madame Gu (99 meters, built in 2013), estimated value of $156 million, moored in Dubai since March 2022.

Source: https://www.forbes.ru/milliardery/487114-andrej-mel-nicenko-vpervye-vozglavil-spisok-forbes-samyh-bogatyh-rossian?gallery=486924


20 richest Russian businessmen in the Forbes global ranking
April 4, 2023

Forbes publishes the 37th annual ranking of the richest people in the world. There are 110 Russian billionaires in it, 22 more than last year, but significantly less than in 2021, when Russia was represented by 123 participants

Andrey Rudakov·Bloomberg via Getty Images

№1 Andrey Melnichenko and family

Age: 51
Position: former member of the board of directors of Eurochem and SUEK Net
worth: $25.2 billion
Source of wealth: fertilizers, coal, energy
Marital status, children: married, two children
City of residence: Ras al-Khaimah, UAE
Education : Russian Academy of Economics (1997)

Career: in  the 1990s, he studied at the Physics Department of Moscow State University, lived in a student hostel, where he organized a currency exchange office. MDM Bank grew out of a network of exchange offices. In the late 1990s, Melnichenko and Sergey Popov (No. 41) created a company on a parity basis, which in 2000-2002 acquired a number of production assets, SUEK, TMK and Eurochem were created on their basis.

Equity:  shares in fertilizer producer Eurochem and coal company SUEK, which are held by a discretionary trust.

Deal: In August 2019, EuroChem bought a 10% stake in the company from its former head Dmitry Strezhnev for $785 million.

Debts: in 2016 and 2018, EuroChem received a perpetual loan in two tranches for $850 million from AIM Capital PLC, at that time controlled by Andrey Melnichenko. In 2021, EuroChem fully repaid the loan to its shareholder.

Sanctions:  the European Union and the UK - from March 2022, the USA - from August.

Yachts: Melnichenko owns Motor Yacht A with an estimated value of $255 million and the world's largest sailing yacht A ($425 million). The latter was detained in early March 2022 in Italy as part of the implementation of EU sanctions.

Quote: “Being Russian by nationality, Belarusian by birth and Ukrainian by blood, I feel great pain and confusion, seeing how fraternal peoples fight and die.”

Semyon Katz for Forbes

№2 Vladimir Potanin

Position: President of Interros Holding, President of MMC Norilsk Nickel
Net worth: $23.7 billion
Source of wealth: non-ferrous metallurgy, finance
Age: 62
Marital status, children: married, seven children
City of residence: Moscow
Capital:  MMC Norilsk Nickel » (37%), Rosbank (45%), TCS Group (35%)

Sanctions: April 2022 - Australia, Canada, June - Great Britain, December - USA.

Figure:  According to Forbes, Interros paid $260 million to Oleg Tinkov's family trust for a 35.1% stake in Tinkoff Bank's parent company TCS Group in April 2022. At the time of the transaction, the value of this stake on the Moscow Exchange exceeded $2.6 billion.

Deal: In May 2022, Interros bought Rosbank from the French group Societe Generale, which announced its withdrawal from Russia. Once Potanin owned this bank together with ex-partner Mikhail Prokhorov (No. 12) - in the second half of the 2000s they sold control to Societe Generale.

Conflict:  in 2022, the agreement between the largest owners of Norilsk Nickel expired: the structures of Potanin, Roman Abramovich (No. 16) and his partners, as well as UC Rusal. The shareholder conflict in the company flared up again. In October 2022, UC Rusal filed a lawsuit against Potanin in the High Court of London. The aluminum producer believes that because of Potanin, Norilsk Nickel has lost a number of business assets.

Charity: Potanin's charitable foundation created an endowment, the first contribution to which from the billionaire amounted to 10 billion rubles in cash. In the fall of 2022, Potanin contributed 47% of Rosbank to the fund, and transferred another 7.5% of the bank's shares to a motivational program for management.

Quote: “When Norilsk Nickel was privatized, about 25% of the shares belonged to employees. But <…> many sold these shares. I would like to restore this historical justice and bring 25% of Norilsk Nickel shares back to people, including employees.”

Valery Sharifulin·TASS

№3 Vladimir Lisin

Position: Chairman of the Board of the National Sporting Federation
Net worth: $ 22.1 billion
Source of wealth: metallurgy, transport
Age: 66 years old
Marital status, children: married, three children
City of residence: Moscow
Education: Siberian Metallurgical Institute (1976)

Career: began his career as an electrician in the Yuzhkuzbassugol association. After graduating from the institute, he worked at metallurgical enterprises, went from assistant to a steelmaker to deputy general director of the Karaganda Metallurgical Plant.

First business: in the late 1980s, he headed the Soviet-Swiss company TSK-Steel, which traded substandard metal abroad.

Capital: NLMK, First Freight Company, First Port Company.

Sport: In November 2022, he lost the election for the position of President of the International Shooting Sports Federation (ISSF). According to the Inside the Games news site, Lisin won 127 votes, while Luciano Rossi won the election with 136 votes. The Russian billionaire has led the ISSF since 2018.

Detail: in the database of Rospatent, Lisin is listed as the author of new methods for washing a blast furnace, processing steel in a ladle, obtaining a coating on a metal strip, and the owner of a couple of dozen more patents.

Hobbies: sports shooting, hunting. He built the largest in Europe sports and shooting complex "Lisya Nora" in the Moscow region.

Quote: “The most important thing for us today is to fulfill our obligations to our customers, to keep jobs, to provide financial support to our employees […] to help those in need.”

Sergei Karpukhin·Reuters

№4 Leonid Mikhelson

Position: Chairman of the Board of Novatek PJSC
Source of wealth: gas, petrochemicals
Net worth: $21.6 billion
Age: 67 years old
Marital status: married, two children
City of residence: Moscow
Education: Kuibyshev Civil Engineering Institute (1977)

First business:  since 1987 he headed Kuibyshevtruboprovodstroy, in 1991 he transformed the trust into a private enterprise Nova.

Capital: Novatek (24.6%), Sibur (30.6%).

Sanctions: April 2022 - Australia, UK, Canada.

Deal: In October 2021, Sibur merged with the Tatarstan industrial group TAIF, becoming the owner of TGK-16 (power industry) and stakes in Nizhnekamskneftekhim and Kazanorgsintez. The combined company was valued at $27 billion, TAIF shareholders received a 15% stake in Sibur and company bonds worth almost $3 billion.

Project: in the north of Yamal, Novatek is building a plant for the production of liquefied gas Arctic LNG-2 with a capacity of 19.8 million tons per year and a cost of $21.3 billion.

Figure: According to Forbes, Mikhelson spent $470 million on the reconstruction of the old Moscow hydroelectric power station on Bolotnaya Embankment, in the building of which the GES-2 House of Culture was opened in December 2021. The project is managed by Michelson's VAC Foundation. In the fall of 2022, GES-2 became the owner of the nearby Udarnik cinema, which is planned to be restored in four years.

Family: in January 2023, he transferred to his daughter Victoria, after whom the VAC (Victoria - the Art of Being Contemporary) fund is named, a 2.5% stake in Novatek and the GES-2 House of Culture.

Quote: “Even before sanctions and covid, the green agenda began to lead to a lack of energy resources in the European market. The terms of wind generation and solar generation do not coincide. The wind, it turns out, does not blow 365 days a year.

Semyon Katz for Forbes

№5 Alexey Mordashov and family

Position: General Director of Severgroup Holding Net
worth: $20.9 billion
Source of wealth: ferrous metallurgy, gold, mechanical engineering
Age: 57 years old
Marital status, children: married, seven children
City of residence: Moscow
Education: Leningrad Institute of Engineering and Economics (1988)

First business: in 1992 he was appointed Director of Finance and Economics of the Cherepovets Metallurgical Plant (CHMK). He entered into the first contracts with traders who sold metal to the West. Having received carte blanche from the director of the plant, Yuri Lipukhin, he bought for himself a controlling stake in ChMK.

Capital: Severstal, Nordgold, TUI, Lenta, Power Machines.

Deal: In October 2022, Mordashov transferred control of the Sveza timber processing company to its top management.

Sanctions: In February-March 2022, the authorities of the European Union and the United Kingdom included Mordashov in their sanctions lists. In June 2022, the businessman and his family members came under US sanctions.

Family: in 2019, Mordashov transferred 65% of his stakes in the Nordgold gold mining company and the TUI travel operator to his sons Kirill and Nikita, but in the summer of 2020 Nikita was expelled from the HSE, he went to serve in the army and transferred the shares received from his father to his older brother. In December 2021, the businessman returned all the shares to himself, and in 2022 he transferred most of the Nordgold shares to his wife Marina.

Yacht: At the beginning of 2021, he received a new Nord yacht (142 m) for at least $300 million.

Quote: “Now it is very difficult to return foreign exchange earnings, partly impossible. We, Severstal, lost $400 million, a little more - stuck in Europe, was arrested in the form of inventory, account balances. We won't get them until sanctions are lifted."

Sergei Savostyanov·TASS

№6 Vagit Alekperov

Position: Chairman of the Public Council of the Our Future Foundation
Net worth: $20.5 billion
Source of wealth: oil, investments
Age: 72
Marital status, children: married, son
City of residence: Moscow
Education: Azerbaijan Institute of Oil and Chemistry. M. Azizbekova (1974)

First business: in the late 1980s he worked as the general director of the Kogalymneftegaz production association, in the 1990-1991s he was the deputy minister of the oil and gas industry of the USSR. In 1992-1993, he created the oil concern LangepasUrayKogalymneft, on the basis of which OAO Lukoil was created. In the process of privatization, he became its largest shareholder.

Capital: NK Lukoil

Sanctions: Alekperov stepped down as president of Lukoil in April 2022, days after the UK imposed sanctions on him.

Figure: Alekperov received $2.2 billion in dividends from Lukoil in 2022.

Event: in 2019-2020, Lukoil redeemed 57.1 million of its shares, reducing its authorized capital by 7.6%.

Detail: Alekperov owned the Dutch shipyard Heesen Yachts, where his 70-meter yacht Galactica Super Nova was built in 2016. In May 2022, he transferred all his shares to an independent Dutch foundation.

Hobby: collecting old coins. The main direction is Russian gold and platinum coins, but there is also a large collection of antique ones. About 5000 coins are presented in the Museum of the International Numismatic Club opened by Alekperov.

Quote:  “Today, all friendly countries are being studied, including Azerbaijan and Turkmenistan, because this will be a “window” for us [for Russian oil].”

Evgenia Novozhenina·Reuters

№7 Gennady Timchenko

Position: Chairman of the Board of Directors of the Continental Hockey League
Source of wealth: gas, petrochemicals
Net worth: $18.5 billion
Age: 70 years old
Marital status, children: married, three children
City of residence: Moscow
Education: Leningrad Mechanical Institute (1976)

First business: worked as vice president of the foreign trade organization Kirishineftekhimeksport (Kineks), established at the Kirishi Oil Refinery in the Leningrad Region. In 1996, at a privatization auction, together with partners, he bought Kineks, from which Gunvor, one of the world's largest oil traders, later grew.

Capital: Novatek (23.5%), Sibur (17%), Stroytransgaz (53%), Transoil (80%).

Partners: Leonid Mikhelson (No. 4), as well as former shareholders of TAIF Group Airat (No. 85) and Radik Shaimievs (No. 86), Rustem Sulteev (No. 92) and Albert Shigabutdinov (No. 93).

Sanctions: March 2014 - USA, Canada, June - Australia, February 2022 - UK, EU, March 2022 - Japan.

Second citizenship: Finland.

Event: in the summer of 2020, together with partners, he sold his major contractor Stroytransneftegaz to structures associated with Gazprom. Timchenko and his family owned about 50% of the company, the transaction amount is estimated at 30 billion rubles.

Court: in June 2022 challenged in court personal EU sanctions against him.

Deal: in the fall of 2022, he sold the Aquanika water producer to entrepreneur Mikhail Soskov.

Brand: Divnomorskoye Estate winery.

Sport: President of HC SKA, Chairman of the Board of Directors of the KHL, Member of the Executive Committee of the Russian Olympic Committee.

Quote: “I think that the decisions that they [the government] sometimes take, in particular with the rate ... this, of course, is a mistake. In any case, we will try to send our signals to the government that it will be impossible for business to survive with such interest rates.

Alexander Malikov for Forbes

№8 Alisher Usmanov

Position: founder and main shareholder of USM Net
worth: $14.4 billion
Source of wealth: metallurgy, telecommunications
Age: 69 years old
Marital status, children: divorced
City of residence: Tashkent, Uzbekistan

First business: in the late 1980s, he organized the Agroplast cooperative, which produced plastic bags.

Capital: Major shareholder (49%) USM (Metalloinvest, Udokan Copper, MegaFon), Kommersant Publishing House.

Partners:  Andrei Skoch's family (No. 20) and British-Iranian businessman Farhad Moshiri.

Deal: In 2018, he sold his 30% stake in London FC Arsenal for £550m to another club shareholder, billionaire Stan Kronke. Now Usmanov supports the Russian club with the same name - FC Arsenal Tula.

Sanctions: February 2022 - EU sanctions, March 2022 - US and UK sanctions.

Sports: Usmanov is a master of sports in fencing, since 2008 he has been the president of the International Fencing Federation (FIE) headquartered in Lausanne. In March 2022, he suspended his powers due to sanctions.

Relocation: in 2022 he moved to his homeland, to Uzbekistan, and asked to be released from membership in the bureau of the board of the RSPP. In March 2023, his request was granted.

Yacht: A trust founded by Usmanov, from whose beneficiary he left in 2017, owns the 156-meter Dilbar yacht - not the longest, but the most spacious in the world and the most expensive among all the yachts of Russian billionaires, its estimated value is $ 550 million. Frozen due to sanctions in the port of Hamburg.

Quote: “I will put all my strength and resources to help Uzbekistan and be useful to my country. This is my great goal, for the sake of which I left the management of corporate assets and even stopped participating in many of my projects as a shareholder.

Pavel Golovkin·Reuters

№9 Mikhail Fridman

Position: former member of the boards of directors of LetterOne Holdings, Alfa Group companies and banks Net
worth: $12.6 billion
Source of wealth: oil, finance, communications, retail
Age: 58
Marital status, children: divorced, five children
City of residence: London
Education: Moscow Institute of Steel and Alloys (1986)

First business: in 1988, together with friends from MISiS, he organized the Courier cooperative, which was engaged in the delivery of products to the population. He earned his first money by cleaning windows.

Capital: the main owner of the LetterOne Holdings group (oil and gas company Wintershall DEA (33%), VEON - 56.2%, Turkcell - 19.8%) and the assets of the Alfa Group consortium (Alfa Bank - 90.1%, " AlfaStrakhovanie, X5 Retail Group -47.9%) (as of February 24, 2022).

Sanctions: In February 2022, Friedman was sanctioned by the European Union, and in March 2022 by the United Kingdom. The businessman, together with partner Petr Aven (No. 31), are challenging them in court - in May 2022 they filed lawsuits with the European Court of Justice in Luxembourg against the Council of the EU.

Figure: Alfa Group received $14 billion in March 2013 from the sale of its stake in TNK-BP to Rosneft.

Deal: In 2019, the merger of two German companies, DEA and Wintershall, was completed. As a result, the largest independent oil and gas company in Europe, its shareholders LetterOne (33% of shares) and BASF concern (67% of shares) were created. In January 2023, Wintershall Dea announced its withdrawal from Russia, estimating its loss from this step at €5.3 billion.

Brands: Beeline, Pyaterochka, Perekrestok, Borjomi.

Second citizenship: Israel.

Quote: “If the people who make decisions in the EU think that because of the sanctions I can approach Mr. Putin and tell him to stop the “special operation” [edited by Forbes], and this will work, then I’m afraid we have Everyone is in big trouble."

DR

№10 Pavel Durov

Position: founder of Telegram
Net worth: $11.5 billion
Source of net worth: Internet
Age: 38 years old
Marital status, children: single, two children
City of residence: Dubai, UAE

The first business: during the years of study at St Petersburg University, he created a forum for students, which then grew into the social network VKontakte.

Capital: Telegram messenger.

Conflict: Durov's unwillingness to provide the FSB with keys to access users' correspondence led to the blocking of the Telegram service by Roskomnadzor from April 16, 2018. But the messenger still continued to work. On June 18, 2020, the restrictions were lifted.

Citizenship: Russia, Saint Kitts and Nevis, France, UAE

Project: The Durov brothers planned the creation of the TON blockchain platform. During two closed preliminary rounds in 2018, they managed to raise $1.7 billion. Among the investors were Roman Abramovich (No. 16), Sergey Solonin, David Yakobashvili. The launch of the TON blockchain platform was planned for the end of 2019, but in October 2019, the US Securities and Exchange Commission (SEC) demanded a ban on the release of its Gram cryptocurrency and filed a lawsuit in a Manhattan court to suspend the ICO. In May 2020, Durov announced the closure of the project.

Achievement: Over the past five years (from 2018 to 2022), Telegram overtook Facebook Messenger (owned by Meta, recognized as extremist and banned in Russia) to become the most popular cloud messaging app over the past five years (from 2018 to 2022), second only to WhatsApp. “No wonder our competitors are worried!” Durov reacted to this in his Telegram channel.

Artem Geodakyan·TASS

№11 Vyacheslav Kantor

Position: private investor Net
worth: $11.3 billion
Source of wealth: mineral fertilizers, real estate
Age: 69 years old
Marital status: married, five children
City of residence: Herzliya, Israel
Education: Moscow Aviation Institute (1976)

First business: in the late 1980s, he established the Composite Commercial Center (sales and installation of computer equipment at industrial enterprises).

Capital: mineral fertilizer producer Akron.

Citizenship: Russia, Israel, UK.

Awards: Order of Friendship and Honor (Russia), Order of the Legion of Honor (France), Order of Merit for the Italian Republic (Italy), Order of Leopold I (Belgium), Order of Prince Yaroslav the Wise (Ukraine).

Collection: in 2001 he founded the Museum of Avant-Garde Art, all authors are Russian artists of Jewish origin. The estimated value of the collection is $500 million, it includes Valentin Serov's painting "The Abduction of Europe".

Sanctions: In April 2022, it was included in the sanctions lists of the UK and the European Union.

Deal: in June 2022, the businessman reduced his ownership stake in Acron below the control, transferring more than 45% of the shares of the companies to trust management of its top managers.

Sasha Malikov for Forbes

№12 Mikhail Prokhorov

Position: private investor
Net worth: $11.3 billion
Source of wealth: investments
Age: 57
Marital status, children: single
City of residence: Frauenfeld, Switzerland
Education: Moscow Financial Institute (1989)

Equity: cash from sale of assets ($9 billion), Renaissance Credit Bank.

Sports: In 2019, he completed the sale of the Brooklyn Nets NBA club and the Barclays Center sports arena to Alibaba Group co-owner Joseph Tsai. The transaction amount is $3.5 billion, it took place in two stages.

Politics: in 2012 he ran for the presidential elections in Russia. As a result, he took third place, receiving 7.98% of the vote.

Hobbies: Tibetan martial art teskao.

Charity: The Mikhail Prokhorov Foundation supports cultural projects: the Golden Mask Festival, the Big Cartoon Festival and others.

Yacht: Palladium 95.15 meters long, built in 2010, ranked 11th in the Forbes yacht ranking. Its estimated cost is $155 million.

Deal: in February 2023, the Onexim group of Mikhail Prokhorov transferred the ownership structure of Renaissance Credit Bank to Russia, before that control over the bank was carried out through the Dutch and Cypriot companies.

Stanislav Krasilnikov·TASS

№13 Suleiman Kerimov and family

Position: member of the Federation Council
Net worth: $10.5 billion
Source of wealth: investments
Age: 57
Marital status, children: married, three children
City of residence: Moscow
Education: Dagestan State University (1989)

Capital: before the start of the “special operation”, the Kerimov family owned 76.3% of the shares of the Polyus gold mining company, they were owned by Kerimov’s son Said. At the end of March 2022, Said sold part of his stake in Polyus to Akhmet Palankoev. The remaining stake in Polyus was donated to the Fund for the Support of Islamic Organizations.

Politics: in 1999-2007, Suleiman Kerimov was a State Duma deputy from the Liberal Democratic Party and United Russia, since 2008 - a member of the Federation Council from Dagestan.

Award: Order of Friendship for "active participation in the socio-political life of the state."

Sanctions: Suleiman Kerimov: USA - April 2018, EU and UK - March 2022. Said Kerimov: EU and UK - April 2022, USA - November 2022.

Yacht: In April 2022, Amadea's $325 million superyacht was delayed in Fiji. In June, by decision of the Supreme Court of the island, she was transferred to the United States. In Washington, Amadea is called the yacht of Suleiman Kerimov.

Maxim Shemetov·Reuters

№14 Victor Rashnikov

Position: Chairman of the Board of Directors of MMK
Net worth: $10.2 billion
Source of wealth: ferrous metallurgy
Age: 74
Marital status, children: married, two children
City of residence: Magnitogorsk, Chelyabinsk region
Education: Magnitogorsk Mining and Metallurgical Institute (1974)

Capital: Magnitogorsk Iron and Steel Works (79.76%).

Sanctions: In March 2022, Rashnikov came under EU and UK sanctions. Before that, the businessman managed to transfer his MMK shares from Cyprus to a Russian company. In August 2022, the United States included Rashnikov on its sanctions list.

Deal: Rashnikov sold 4.5% stake in MMK in 2021. As a result, the free-float of the company exceeded 20%, and the businessman was able to earn more than $450 million.

Yacht: Rashnikov's 140-meter Ocean Victory is ranked 16th in the list of the largest yachts in the world according to Robb Report magazine.

Sports: a passionate hockey fan, since 1999 he has been the president of the Metallurg hockey club (Magnitogorsk).

Heirs: Rashnikova's youngest daughter Olga was on the board of directors of Magnitogorsk until the end of March 2022, and the eldest Tatyana is the director of the Swiss company MMK Trading AG.

Andrey Epikhin·TASS

№15 Andrey Guryev and family

Position: Vice President of the Russian Union of Chemists
Net worth: $9.7 billion
Source of wealth: mineral fertilizers, agriculture
Age: 63
Marital status: married, two children
City of residence: Moscow
Education: State Central Institute of Physical Culture (1983), St. Petersburg State Mining Institute (2006)

First business: in 1991, the real estate company Lars LLP was created, Guryev owned 30%, the Menatep group - 70%. The firm was engaged in the reconstruction and construction of buildings in the center of Moscow.

Capital: together with his family at the beginning of 2022, he owned shares in the mineral fertilizer manufacturer PhosAgro (48.48%) and the agricultural holding AgroGuard.

Politics: from 2001 to 2013 - member of the Federation Council from the Murmansk region.

Heirs: son Andrey Guryev, Jr. - Chairman of the Board and CEO of Phosagro from 2013 to 2022.

Sanctions: In March 2022, the European Union included Andrey Guryev Jr. on the sanctions list. After that, father and son left the board of directors of Phosagro, and Guryev Jr. also resigned from the post of general director of the company. In April 2022, Guryev Sr. came under British sanctions, in August, the United States included his father and son in their sanctions list.

Sergey Kiselev·Moscow Agency

№16 Roman Abramovich

Position: main owner of investment company Millhouse
Net worth: $9.2 billion
Source of wealth: metallurgy, investments
Age: 56
Marital status, children: divorced, seven children
City of residence: Moscow
Education: Moscow Law Academy (2001)

First business: in 1988 he headed the Uyut cooperative (production of rubber toys). In the early 1990s, he engaged in the sale of petroleum products.

Capital: Evraz (28.64%, direct ownership), real estate, shares of Norilsk Nickel, Yandex, Renaissance Insurance, ivi.

Figure: $ 13 billion received in 2005 from the sale of 73% of Sibneft shares to Gazprom.

Citizenship: In May 2018, he became an Israeli citizen. In April 2021 - Portugal.

Sanctions: in March 2022 - the UK and the EU.

Sport: In May 2022, his Chelsea football club was sold for almost $5 billion to a group of investors led by American billionaire Todd Boely. Abramovich did not receive the money.

Mir: acted as an intermediary in negotiations between Kiev and Moscow, helped hundreds of prisoners of war, including 10 foreigners, to return to their homeland.

Yachts: Abramovich's ships do not leave the coast of Turkey - in the spring of 2023, his Eclipse could be seen in Bodrum, Solaris - in Göcek.

Ivan Kaidash for Forbes

№17 Tatyana Bakalchuk

Position: CEO of Wildberries
Net worth: $8.8 billion
Source of wealth: Internet trading
Age: 47
Marital status: married, seven children
City of residence: Moscow
Education: Moscow State Regional Social and Humanitarian Institute (1997)

Capital: Wildberries (99%).

Start: Bakalchuk started her business while on her first maternity leave. She traded clothes from the Otto and Quelle catalogs and in 2004, with the help of her husband Vladislav, created the Wildberries online trading website.

Figure: up to 1.669 trillion rubles, almost twice, the turnover of Wildberries increased in 2022.

Achievements: In 2022, the number of Wildberries orders on the site reached 1.5 billion. Wildberries processes approximately 7 million orders per day.

Detail: before starting a business, Bakalchuk taught English, worked as a tutor.

Foreign markets: Until March 2022, Wildberries had offices in 18 countries, including the US, UK, Germany, France, Italy and Spain. By the summer of 2022, the list of countries was reduced to six: Kazakhstan, Belarus, Armenia, Uzbekistan, Kyrgyzstan and Israel.

Vladislav Shatilo·RBC·TASS

№18 Herman Khan

Position: former member of the boards of directors of LetterOne and Alfa Group companies Net
worth: $8.2 billion
Source of wealth: oil, finance, communications, retail
Age: 61
Marital status, children: married, four children
City of residence: Moscow
Education: Moscow Institute of Steel and Alloys (1987)

First business: after graduation, he started sewing and selling clothes in the Alexandrina cooperative together with Alexander Furman, a future State Duma deputy. In 1989, he joined Mikhail Fridman (No. 9) and Alexei Kuzmichev (No. 25), whom he knew from MISiS, at Alfa-Photo.

Capital: the second owner after Fridman of LetterOne Holdings (L1) (oil and gas company Wintershall DEA (33%), VEON - 56.2%, Turkcell - 19.8%) and assets of the Alfa Group consortium (Alfa Bank - 90, 1%, AlfaStrakhovanie, X5 Retail Group - 47.9%) (as of February 24, 2022).

Court: Khan, Friedman and Petr Aven (No. 31) have filed libel suits in the United States since October 2017 in connection with their mention in the “Trump dossier” against its author Christopher Steele, and lost. The trial continued in London and in July 2020 ended in victory for the partners.

Sanctions: in March 2022, came under EU and UK sanctions.

Citizenship: Russia, Israel

Oleg Bukharev·TASS

№19 Leonid Fedun

Position: private investor, former vice president of NK Lukoil
Net worth: $8 billion
Source of wealth: oil, finance
Age: 67
Marital status, children: married, two children
City of residence: Moscow
Education: Military Academy. F. E. Dzerzhinsky (1984)

First business: moonlighting as a lecturer of the society "Knowledge". In 1987 he lectured in Kogalym, where he met Vagit Alekperov (No. 6). In 1995, he created the Lukoil-reserve-invest brokerage company, the basis of the future investment holding.

Capital: a block of shares in Lukoil (9.3%) (as of February 24, 2022). Together with Alekperov, he owns the Private Assets company, which manages their closed-end funds.

Figure: Lukoil received $730 million in dividends in 2022.

Heirs: in November 2018, he transferred 17 million shares of Lukoil (2.46%) to his children. In April 2023, this package was worth about $960 million.

Collection: collects works by Nicholas Roerich.

Sports: in August 2022, Fedun sold to Lukoil a 100% stake in the Spartak football club, which he had owned since 2004, and the Otkritie Bank Arena club stadium. He stepped down as president and chairman of the club's board of directors.

Stanislav Krasilnikov·TASS

№20 Andrey Skoch and family

Position: Deputy of the State Duma
Net worth: $ 7.9 billion
Source of wealth: metallurgy, telecommunications, Internet, airport
Age: 57 years old
Marital status, children: single, ten children
City of residence: Moscow
Education: Moscow State Open Pedagogical University (1998)

First business: in the early 1990s, he met Alisher Usmanov (No. 8) while trying to get a batch of oil for processing at the Moscow Oil Refinery. The deal did not take place, but the relationship began, and subsequently the businessmen became partners.

Capital: stake in USM (30%), in Vnukovo airport (61.5%). Formally, the assets of Deputy Skoch are owned by his father Vladimir Skoch and daughter Varvara.

Income: the official declared income for 2021 is 608 million rubles.

Sanctions: USA - from 2018, EU - from February 2022, UK - from March 2022. It is also under the sanctions of Japan, Australia, Canada, Switzerland and Ukraine.

Event: in 2020, the block of USM shares owned by Skoch's father was divided into two equal parts - 15% of the shares were transferred to the businessman's daughter Varvara.

Sports: Honored Master of Sports in Sambo.

Yacht: Family yacht Madame Gu (99 meters, built in 2013), estimated value of $156 million, moored in Dubai since March 2022.

Source: https://www.forbes.ru/milliardery/487114-andrej-mel-nicenko-vpervye-vozglavil-spisok-forbes-samyh-bogatyh-rossian?gallery=486924

Ryan Augustine has reacted to this post.
Ryan Augustine
Quote from Ryan Augustine on April 5, 2023, 19:20

Trump didn't even make the list! His ego must be decimated by the news. Perhaps he would have made it had he not lavished prostitutes with hush money.


Trump didn't even make the list! His ego must be decimated by the news. Perhaps he would have made it had he not lavished prostitutes with hush money.

Post Reply: 20 richest Russian businessmen in the Forbes global ranking