The wealth of the richest Russians in 2023 grew by $50 billion

The wealth of the richest Russians in 2023 grew by $50 billion

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In 2023, the combined wealth of the richest Russian businessmen grew by more than 50 billion dollars. Calculations based on the Bloomberg ranking of the richest people were conducted by the Russian state agency RIA Novosti.

The fortunes of five Russians grew the most: the founder of the oil company “Lukoil” Vahyt Alekperov ($9.29 billion), the co-founder of the fertilizer producer “Eurochem” Andrey Melnychenko (+$5.67 billion), the founder of the metallurgical NLMK Vladimir Lysin (+$4.08 billion) , the former president of “Lukoil” Leonid Fedun (+3.91 billion) and the head of gas production “Novatek” Leonid Mikhelson (+2.83 billion).

In 2022, the total wealth of the richest Russians included in the Bloomberg rating decreased by 93.753 billion. The reason was the international sanctions imposed against them and the Russian economy.

Alekperov and Fedun were not subject to Western sanctions. Only Australia introduced restrictions from Western countries against Lysyn. Michelson is included in the sanctions lists of Great Britain, Canada and Australia, but not the USA and the European Union. Melnychenko contested the sanctions imposed against him in the courts.

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