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Dec 29, 2020
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Forbes named the most impoverished Russian billionaires in 2020

Vagit Alekperov
Vagit Alekperov

The first place in terms of financial losses in the outgoing year among Russian billionaires was taken by co-owner of LUKOIL Vagit Alekperov. Over the year, his fortune fell by $ 4 billion. This was mainly due to the fall in the quotations of LUKOIL shares.


According to the rating published by Forbes magazine, the second place in terms of losses belongs to the co-owner of NOVATEK and SIBUR Leonid Mikhelson. His fortune decreased by $ 3.5. Mikhelson himself complained that oil prices hit the bottom in March.

The third place was taken by Gennady Timchenko, owner of stakes in NOVATEK and SIBUR. Its assets decreased by $ 2.3 billion. The top ten also included LUKOIL co-owner Leonid Fedun, owner of the Samfar group of companies Mikhail Gutseriev, president of the Tashir group of companies Samvel Karapetyan, as well as Igor Altushkin, Vladimir Bogdanov, God Nisanov and Zarakh Iliev.

Publishing experts made up rating by comparing data for 2019 and 2020.






Earlier, a member of the Federation Council of the Russian Federation, Suleiman Kerimov, topped the Forbes rating as the richest Russian in 2020. The Kerimov family owns 78.6% of the shares of the gold mining company Polyus, and his fortune grew by $ 11.56 billion over the year.

The top three Russians with the highest incomes in 2020 also included Vladimir Lisin, who owns 84% ​​of NLMK shares, and the largest shareholder of USM Holdings, Alisher Usmanov, whose assets include Kommersant Publishing House, MegaFon, Metalloinvest and others. The fortune of billionaires grew over the year by $ 5.41 billion and $ 3.64 billion, respectively.

The combined fortune of the ten richest Russian billionaires in the year of the pandemic grew by almost $ 33 billion, chernayakobra.ru wrote.

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