Top 20 Richest People In Russia

Top 20 Richest People In Russia

- in Entrepreneurs


  1. Leonid Mikhelson

Net Worth: 24 billion

Leonid Mikhelson is a Russian billionaire businessman, CEO, chairman and major shareholder of the Russian gas company Novatek. Mikhelson began his career as an engineer after graduating with a degree in Industrial Civil Engineering.



  1. Vladimir Lisin

Net Worth: 21.3 billion

Vladimir Lisin is a Russian steel tycoon. He is chairman and the majority shareholder of Novolipetsk or NLMK, one of the four largest steel companies in Russia. He is a leading world authority on metallurgical processes.after studying at the Siberian Metallurgic Institute got a job working as a welder foreman at Tulachermet Metals Works later, He rose through the ranks to become section manager. As of 2018, his estimated net worth is $20.6 billion.



  1. Vagit Alekperov

Net Worth: 20.7 billion

Vagit Alekperov is an Russian businessman, the president of the leading Russian oil company LUKOIL. Alekperov graduated in 1974 from Azerbaijan Oil and Chemistry Institute.As a student he also worked as a drilling operator in Kaspmorneft, a Caspian regional production company.



  1. Alexey Mordashov

Net Worth: 20.5 billion

Alexe Mordashov is a Russian billionaire businessman. He is CEO and chairman of Seversta, a Russian conglomerate with interests in metal, energy and mining companies. In 2004, Mordashov started investing in US steel companies, purchasing companies in Dearborn. Between 2004 and 2014, Mordashov and Severstal invested up to $3 billion in both the Dearborn and Columbus companies.



  1. Gennady Timchenko

Net Worth: 20.1 billion

Gennady Timchenko is a Russian billionaire business tycoon and investor.He founded and owns the private investment group, Volga Group, which specializes in investments in energy, transport and infrastructure assets. Earlier, he was a co-owner of Gunvor Group. In 2014, Timchenko was ranked 62nd on the Forbes magazine billionaires list, with an estimated fortune of $15.3 billion USD.



  1. Vladimir Potanin

Net Worth: 18.1 billion

Vladimir Potanin is a Russian billionaire, entrepreneur and oligarch. He acquired his wealth notably through the controversial loans-for-shares program in Russia in the early to mid-1990s. He is one of the wealthiest men in Russia.




  1. Mikhail Fridman

Net Worth: 15.1 billion

Mikhail Fridman is a Russian business tycoon, investor and donor. He also holds Israeli citizenship. He co-founded Alfa-Group, a multinational Russian conglomerate. In 1991, he founded Alfa-Bank, which is one of the largest private banks in Russia.




  1. Andrey Melnichenko

Net Worth: 12.6 billion

Andrey Melnichenkois a Russian billionaire businessman, industrialist and philanthropist. He is the main heir of fertilizer producer EuroChem Group and coal energy company SUEK. He is the chairman of the strategy committee in both companies. Throughout Russia, he is known as one of the main social activists and philanthropists.




  1. Alisher Usmanov

Net Worth: 12.5 billion

Alisher Usmanov is an Uzbek-born Russian business magnate. Usmanov generates his income through metal and mining operations, investments. He is the majority shareholder of Metalloinvest, a Russian industrial conglomerate, which consolidated in 2006 JSC Metalloinvest’s assets with those of Gazmetall JSC.



  1. Roman Abramovich

Net Worth: 12.4 billion

Roman Abramovich is a Russian billionaire businessman, investor and politician. HE is the primary owner of the private investment company Millhouse LLC, and is best known as owner of Chelsea F.C., a Premier League football club. He was formerly governor of Chukotka Autonomous Okrug from 2000 to 2008. According to Forbes, Abramovich’s net worth was US$11.5 billion in 2018 making him the richest person in Israel.



  1. Viktor Vekselberg

Net Worth: 11.5 billion

Viktor Vekselberg is a Ukrainian-born Russian businessman. He is the owner and president of Renova Group, a Russian goods company. In April 2018, the United States imposed sanctions on him. Earlier, after his graduations from the Moscow Transportation Engineering Institute, he worked as an engineer and research manager at a state-owned pump manufacturer.




  1. German Khan

Net Worth: 9.8 billion

German Khan is a Ukrainian-Russian billionaire businessman. He was appointed the head of the wholesale trade business Alfa Eco as part of the Alfa Group Consortium, by Mikhail Fridman. After graduating from university in 1988 he worked in a wholesale business selling consumer items, before setting up his own cooperative.



  1. Mikhail Prokhorov

Net Worth: 9.6 billion

Mikhail Prokhorov is a Russian self-made billionaire, political activist, and owner of the Brooklyn Nets, an American basketball team. After graduating from the Moscow Finance Institute, he worked in the financial sector. After that, he went on to become one of Russia’s leading industrialists, owning major stakes in multinational corporations in the precious metals sector.



  1. Viktor Rashnikov

Net Worth: 9.3 billion

Viktor Rashnikov is a Russian billionaire businessman. he made his wealth in the iron and steel industry, being the majority owner of Magnitogorsk Iron & Steel Works (MMK), one of the world’s leading steel producers. In 2002 he was elected to the position of Honored Professor at the Moscow Institute of Steel and Alloys.



  1. Alexei Kuzmichev

Net Worth: 7.6 billion

Alexey Kuzmichev is a Russian businessman and one of the founders of the LetterOne Group. Currently, as well as being a member of the Board of Directors of LetterOne, Mr. Kuzmichev holds various positions at Alfa Group Consortium including being a member of the Supervisory Board of Alfa Group Consortium.



  1. Iskander Makhmudov

Net Worth: 7.3 billion

Iskander Makhmudov is an Uzbek-born Russian business tycoon, investor and some reports declared him as a criminal. He earned a degree in Oriental Studies from Tashkent State University. He worked for various Soviet military organizations in Libya and Iraq. His first business was with the Trans-World Group, which was at that time the largest metal trader in Russia.



  1. Leonid Fedun

Net Worth: 6.9 billion

Leonid Fedunis a Russian billionaire businessman. His estimated wealth as of 2016 is $4.8 billion. Fedun, a former Russian military officer, is a close associate of Vagit Alekperov, the CEO of Russian oil company Lukoil. He also owns 9.2% of Lukoil shares and the Russian football club Spartak Moscow. He was awarded of the Order For Merit to the Fatherland, 4th Order and the Order of Honour.



  1. Dmitry Rybolovlev

Net Worth: 6.8 billion

Dmitry Rybolovlev is a Russian businessman and investor. Rybolovlev owned the potash producer Uralkali and, in 2011, became the President of Monaco’s football club AS Monaco. Since January 2015 he has become known as one of the most high-profile alleged victims of Swiss art transporter Yves Bouvier. As part of a group of cases that have become known collectively as The Bouvier Affair.



  1. Oleg Deripaska

Net Worth: 6.7 billion

Oleg Deripaska is a Russian business magnate and the founder of Basic Element, one of Russia’s largest industrial groups, and VolnoeDelo, Russia’s largest charitable foundation. Until 2018, he was the president of En+ Group, a Russian energy-related company, and United Company Rusal, the second largest aluminium company in the world. he earned a degree in physical engineering from Moscow State University.



  1. Suleyman Kerimov

Net Worth: 6.4 billion

Suleyman Kerimovis a Lezgian businessman, investor, philanthropist and politician. In 2007, Kerimov established the Suleyman Kerimov Foundation as a vehicle to focus his philanthropic efforts. Since 2008, Kerimov has represented the Republic of Dagestan in the Federation Council of Russia. In April 2018, he was placed under sanctions by the United States Department of Treasury.

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