Five Russian gas, oil and metals magnates ended the year as the country’s biggest earners with a collective $26.9 billion haul, Forbes Russia reported Thursday. All five individuals are among Russia’s 6 richest people.
Here is how much Russia’s biggest movers earned in the last 12 months, according to Forbes.
1. Vladimir Potanin, +$7.8 billion.
Russia’s sixth-richest person with a net worth of $23.8 billion, according to Forbes Russia. He increased his fortune by one-third over the past year, in part thanks to a 30% stake in the world’s biggest refined nickel and palladium producer, Norilsk Nickel.
2. Leonid Mikhelson, +$5.9 billion.
Russia’s richest person with a net worth of $27 billion. He is a shareholder in the Novatek private gas producer and Sibur — Russia’s largest petrochemicals company.
3. Vagit Alekperov, +$5.3 billion.
Russia’s third-richest person with a net worth of $23.8 billion. He is the head of Russia’s second-largest oil producer Lukoil, whose stocks have rallied for three years in a row.
4. Gennady Timchenko, +$4.1 billion.
Russia’s fifth-richest person with a net worth of $22.7 billion. A shareholder in Novatek, Sibur, as well as the engineering construction company in oil and gas — Stroytransgaz.
5. Alexei Mordashov, +$3.8 billion.
Russia’s fourth-richest person with a net worth of $20.2 billion. He made most of his fortune from the steelmaker Severstal and has expanded his holdings to European tour operator TUI and Russia’s supermarket chain Lenta.