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Oct 5, 2021 · Close behind in age—if not net worth—are fellow crypto entrepreneurs Brian Armstrong ($11.5 billion) and Fred Ehrsam ($3.5 billion), cofounders of crypto exchange Coinbase, and Baiju Bhatt ($2 ...
Apr 10, 2023 · Lyubov shared her story with Forbes (Germany) In the past six years I have invested in Ukrainian start-ups as a VC, placed investors and helped with my expertise. The country's tech ecosystem has been uprooted and is scattered across the world. What connects founders and entrepreneurs: they continue despite the war. My message is: Investments ...
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- Source of Wealth: Steel, Investments
- Source of Wealth: Metals
- Source of Wealth: Steel, Transport
- Source of Wealth: Oil
- Source of Wealth: Gas, Chemicals
- Source of Wealth: Oil, Gas
- Source of Wealth: Steel, Telecom, Investments
- Source of Wealth: Coal, Fertilizers
- Source of Wealth: Telegram
- Source of Wealth: Investments
The son of two Soviet steel mill workers, Mordashov is the majority shareholder of steel company Severstal, where he was CEO for 19 years until stepping down in 2015. The stock is up 72% since last year’s list, helping propel Mordashov from the fourth richest Russian to the country’s richest person.
Potanin is credited with authoring the controversial “loans for shares” scheme that helped politically connected Russians gain control of state-owned companies during the country’s privatization in the 1990s. Most of his wealth is now parked in his 35% stake in Moscow-listed palladium and nickel producer Nornickel.
Lisin got his start working for a group of traders that came to dominate Russia's aluminum and steel exports. When the partners separated in 2000, Lisin got a majority stake in Russia's publicly traded Novolipetsk Steel.
Alekperov, a former Caspian sea oil rig worker, became a deputy minister overseeing the oil industry in the Soviet Union before taking three large state-controlled oil fields and setting up Lukoil in the 1990s. He owns around 30% of the publicly traded oil giant.
Mikhelson is partners with Gennady Timchenko in natural gas producer Novatek and petrochemical company Sibur. He began his career as a foreman for a construction company working on a gas pipeline in Russia’s Tyumen region.
Timchenko owns stakes in gas company Novatek and petrochemical producer Sibur Holding, alongside his partner, Mikhelson. He’s reported to have close ties to President Vladimir Putin.
Usmanov made his first fortune producing plastic bags, a scarce commodity in the former Soviet Union. He was an early investor in Facebook and Chinese electronics firm Xiaomi, but his biggest asset is a 49% stake in iron ore and steel giant Metalloinvest.
Melnichenko’s first business venture was a chain of currency-exchange booths started in the 1990s. Today he owns stakes in fertilizer producer Eurochem and coal energy company SUEK.
Known as Russia’s Zuckerberg, Durov founded social network VK at age 22 and cashed out before creating messaging app Telegram in 2013. He has been bankrolling it ever since, but now plans to monetize the famously free and privacy-minded app.
A trained economist, Kerimov made a career investing in distressed companies in Russia—until big bets on investment banks just before the 2008 financial crisis cost him billions. He rebounded by betting on Polyus, Russia’s largest gold producer.
- Chase Peterson-Withorn
Oct 5, 2021 · Nearly all are richer than they were a year ago. The top 20 on the list are together worth a stunning $1.8 trillion. Forbes calculated net worths for the list using stock prices from...
Oct 12, 2019 · The 11 richest self-made women in America, ranked. ... The members of the Forbes 400 are worth $2.96 trillion. ... Doris Fisher, the founder of Gap, has a net worth of $2.7 billion.
- Taylor Borden
Oct 5, 2021 · The aggregate wealth of The Forbes 400 reached a record-breaking $4.5 trillion, and the minimum net worth needed to make the cut for this year’s list rose to a record high of $2.9 billion, up...
Dec 16, 2021 · Forbes’ Real-Time Billionaires tracks the daily ups and downs of the world’s richest people, among them the wealthiest Americans in finance and investments. ThinkAdvisor identified the 15...
