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The combined wealth of Russia's richest people has increased by about $30 billion since the beginning of the year.

The combined wealth of Russia's richest people has increased by about $30 billion since the beginning of the year.

July 1, 2024 – 1:52 pm

The wealth of the richest Russians has risen by more than $28.7 billion since the beginning of the year Based on the Bloomberg Billionaires Index. The wealth of Andrey Melnichenko, co-founder of fertilizer producer Eurochem and SUEK, Russia's largest coal supplier, increased by $5.76 billion, bringing his total estimated wealth to $24.6 billion, according to the MTI report.

Not in terms of growth, but in terms of wealth, he is led by Severstal founder Alexei Mordasov, with a fortune of $25.6 billion (showing an increase of $4.71 billion compared to the beginning of the year), while Lukoil founder Vagit Alekperov gained $3.54 billion, and his fortune is now $28.2 billion. The biggest loser was natural gas producer Novatek Gennady Timchenko, whose fortune fell by $2.85 billion to $11.3 billion.

According to the index, the richest Russian is the chairman and co-owner of the mining and metallurgical company Norilsk Nickel, Vladimir Potanin, whose wealth has increased by $902 million to $32 billion since the beginning of the year, making him the 51st richest person. In the world based on Bloomberg methodology. Based on Friday's stock prices, the wealth of Elon Musk, the richest man in the world, is $218 billion, down $11.5 billion since the beginning of the year. The assets were calculated based on Friday's stock prices.

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