Latest news with #VagitAlekperov
Russia Today
02-06-2025
- Business
- Russia Today
Fortunes of Russia's richest grow
The combined net worth of Russia's wealthiest individuals has surged by $28 billion over the past 12 months, according to the updated Bloomberg Billionaires Index. A total of 22 Russian billionaires, collectively worth $317.7 billion, were listed among the world's richest people as of June 2. The Bloomberg Billionaires Index, which ranks the world's 500 richest individuals, is calculated based on the share prices of the companies in which those listed hold equity. The largest jump in wealth was posted by Vladimir Potanin, the owner of mining giant Norilsk Nickel, who remained Russia's richest person on the list, occupying 58th spot globally. The nickel magnate is estimated to have increased his wealth by $3.82 billion in the first five months of the year, to $31.7 billion. Second place is held by Vagit Alekperov, the former boss of Russian energy giant Lukoil, in which he still owns a large chunk of shares. The businessman added $561 million to his wealth this year and is worth an estimated $25.9 billion. Vladimir Lisin, the chairman of NLMK, Russia's largest steelmaker, is ranked third. His net worth declined by $1.62 to $24.2 billion, which saw him slip down one place from Bloomberg's October 2024 listing. The biggest decline in wealth among the richest Russians was registered by the former chairman of fertilizer giant Uralkali, Dmitry Rybolovlev. The net worth of the majority owner and president of Monaco football club declined by $1.77 billion to $9.21 billion. Last year, Rybolovlev, who reportedly has a $2 billion art collection, failed in his attempt to sue top auction house Sotheby's for fraud allegations. Bloomberg's list also included Telegram founder and owner Pavel Durov, as well as Russia's richest woman, Tatyana Kim, the founder and chief executive of the country's largest e-commerce platform, Wildberries. Also listed in the Billionaire Index were the co-owner of gas producer Novatek, Leonid Mikhelson, the chairman of steel giant Severstal, Aleksey Mordashov, and the founder of Eurochem and SUEK, Andrey Melnichenko.
See - Sada Elbalad
20-04-2025
- Business
- See - Sada Elbalad
Russia's Richest Billionaires Fortune Rises to $625.5 Billion
Taarek Refaat Forbes magazine revealed that the wealth of Russia's richest people increased by more than 80%, bringing their combined fortunes to $625.5 billion, representing 146 billionaires, according to its Russian-language list of Russia's Richest People. Vagit Alekperov, the former head of Lukoil, topped the Forbes list for the second year in a row, with a fortune of $28.7 billion. Alekperov resigned from his position as head of Lukoil in 2022 after Britain imposed sanctions on him. Alexei Mordashov ranked second with a fortune of $28.6 billion, moving up from fourth place on last year's list. Forbes reported that 15 completely new billionaires joined the list, most notably Vikram Punia, the Indian-born owner of pharmaceutical company PharmaSynthetics, with a fortune of $2.1 billion. Here is a list of the 10 richest billionaires: 1) Vagit Alekperov - $28.7 billion 2) Alexei Mordashov - $28.6 billion 3) Leonid Mikhelson - $28.4 billion 4) Vladimir Lisin - $26.5 billion 5) Vladimir Potanin - $24.2 billion 6) Gennady Timchenko - $23.2 billion 7) Andrei Melnichenko - $17.4 billion 8) Pavel Durov - $17.1 billion 9) Alisher Usmanov - $16.7 billion 10) Suleiman Kerimov and family - $16.4 billion read more CBE: Deposits in Local Currency Hit EGP 5.25 Trillion Morocco Plans to Spend $1 Billion to Mitigate Drought Effect Gov't Approves Final Version of State Ownership Policy Document Egypt's Economy Expected to Grow 5% by the end of 2022/23- Minister Qatar Agrees to Supply Germany with LNG for 15 Years Business Oil Prices Descend amid Anticipation of Additional US Strategic Petroleum Reserves Business Suez Canal Records $704 Million, Historically Highest Monthly Revenue Business Egypt's Stock Exchange Earns EGP 4.9 Billion on Tuesday Business Wheat delivery season commences on April 15 News Egypt confirms denial of airspace access to US B-52 bombers News Ayat Khaddoura's Final Video Captures Bombardment of Beit Lahia Lifestyle Pistachio and Raspberry Cheesecake Domes Recipe News Australia Fines Telegram $600,000 Over Terrorism, Child Abuse Content Arts & Culture Nicole Kidman and Keith Urban's $4.7M LA Home Burglarized Videos & Features Bouchra Dahlab Crowned Miss Arab World 2025 .. Reem Ganzoury Wins Miss Arab Africa Title (VIDEO) Sports Neymar Announced for Brazil's Preliminary List for 2026 FIFA World Cup Qualifiers News Prime Minister Moustafa Madbouly Inaugurates Two Indian Companies Arts & Culture New Archaeological Discovery from 26th Dynasty Uncovered in Karnak Temple Arts & Culture Arwa Gouda Gets Married (Photos)
Reuters
17-04-2025
- Business
- Reuters
Wealth of Russia's richest people rises to record $625.5 billion
MOSCOW, April 17 (Reuters) - Russia's richest people saw their wealth rise by more than 8% to $625.5 billion over the past year, with at least 146 billionaires listed by the Forbes Russian-language list of the wealthiest people in Russia, the magazine said on Thursday. Vagit Alekperov, former boss of the Lukoil oil company, topped the Forbes list for a second year, with a fortune of $28.7 billion. He resigned as president of Lukoil in 2022 after Britain imposed sanctions against him. Alexei Mordashov took second place in the rating with wealth of $28.6 billion, rising from fourth place in last year's list. Forbes said there were 15 completely new billionaires in the ranking, the richest of which was Indian-born Vikram Punia, owner of pharmaceutical company Pharmasyntez. Forbes said he had a fortune of $2.1 billion. None of the billionaires listed by Forbes could be immediately reached for comment. The richest 10 billionaires are listed below: 1) Vagit Alekperov - $28.7 billion 2) Alexei Mordashov - $28.6 billion 3) Leonid Mikhelson - $28.4 billion 4) Vladimir Lisin - $26.5 billion 5) Vladimir Potanin - $24.2 billion 6) Gennady Timchenko - $23.2 billion 7) Andrei Melnichenko - $17.4 billion 8) Pavel Durov - $17.1 billion 9) Alisher Usmanov - $16.7 billion 10) Suleiman Kerimov and family - $16.4 billion
Iraqi News
11-04-2025
- Business
- Iraqi News
Russia's richest billionaire visits Baghdad
Baghdad ( – Iraqi Prime Minister Mohammed Shia Al-Sudani held a meeting in Baghdad with Vagit Alekperov, former CEO and major shareholder of Russia's Lukoil, along with company representatives from Iraq and the Middle East. The talks focused on Lukoil's development plans for key oil sites in Iraq, particularly the Eridu field, which spans the Dhi Qar and Muthanna Governorates, and the West Qurna field located in Basra Governorate. Prime Minister Al-Sudani stressed the urgency of accelerating these projects to ensure a steady supply of natural gas and crude oil for the country's power plants, underscoring Iraq's energy and infrastructure priorities. The Russian ambassador to Iraq also attended the discussions. Alekperov, Russia's wealthiest businessmen, served as president of Lukoil from 1993 to 2022 and still holds roughly 30% of the company's shares. His involvement in the meeting signals continued interest in strengthening Iraqi-Russian energy cooperation.
Russia Today
04-04-2025
- Business
- Russia Today
Moscow moves to second in global billionaire rankings
Moscow has jumped to second place among the world's top cities for billionaires, after adding new ultrawealthy residents over the past year, according to the Forbes World's Billionaires List. The Russian capital's billionaires now hold a combined fortune of $409 billion. The report , issued this week, said the growth in billionaire residents pushed Moscow ahead of Hong Kong, which tied for the No. 2 spot last year. Moscow added the most billionaires this year, up by 16 to 90, including 11 newcomers, while the combined wealth of the city's superwealthy rose by $31 billion over the past year. Oil magnate Vagit Alekperov, with an estimated fortune of $28.7 billion, remains Moscow's leading billionaire, with more than half of his wealth coming from his stake in oil company Lukoil, Forbes said. New York City retained its title as the top city for billionaires for the fourth consecutive year, home to 123 billionaires holding a combined fortune of $759 billion. Hong Kong, now ranked third, counted 72 billionaires worth a total of $309 billion after losing two billionaires from its 2024 tally. The city remains the top billionaire hub in Asia. London moved up two spots, adding nine billionaires, including seven newcomers. The UK capital is home to 71 billionaires, whose total net worth is estimated at $355 billion. READ MORE: Russia mints 15 new billionaires – Forbes Beijing and Mumbai came in as the fifth and sixth most popular resident cities for the world's superwealthy, with 68 and 67 such individuals respectively. Singapore ranked seventh with 60 billionaires, while Shanghai and San Francisco tied for eighth with 58 each. Los Angeles rounded out the global top ten with 56 billionaires. According to Forbes, the world's 3,028 billionaires are spread across more than 800 cities, though nearly a quarter of them, worth a combined $3.3 trillion, have chosen to make one of the top ten cities their home. The outlet also noted it was unable to determine the primary residence of 40 billionaires this year.
