ANY OTHER SANCTIONS? ⟩ The wealth of Russian oligarchs is growing exponentially

According to the “Bloomberg” billionaire index, the list of world billionaires includes 25 Russian oligarchs, whose total wealth has increased by 18.293 billion dollars since the beginning of 2024. The oligarch with the fastest increase in the value of assets has become the co-owner of the coal company SUEK, as well as the company “Eurochem”, Andrejs Melnichenko, who has increased his wealth by 5.29 billion dollars.

“Severstal” shareholder Aleksejs Mordashovs, whose wealth has increased by 3.75 billion dollars, remains a little behind.

The main role in the field of capital growth of billionaires is played not by salary or income, but by the value of their companies’ securities on the stock exchanges.

Russian oligarchs who increased their wealth the most during the first three months of 2024

Andrei Melnichenko

Capital: $24.1 billion

Year-to-date growth: $5.29 billion

Main assets: assets of Eurochem and SUEK companies

Alexey Mordashov

Capital: $24.6 billion

Increase: $3.75 billion

Main assets: 77.03% of “Severstal” shares, 97.54% of “Severgrupp” shares, as well as “Nordgold”, “Lenta”, “Power Machines” and TUI shares.

Vladimir Lysin

Capital: $26.9 billion

Increase: $2.91 billion

Main assets: Novolipetsk Metallurgical Combine, First Freight Company, First Port Company.

Vagits Alekperovs

Capital: $26.4 billion

Increase: $1.79 billion

Main assets: Most of the shares in the oil company “Lukoil”.

Mikhail Prokhorov

Capital: $17.1 billion

Increase: $1.38 billion

Main assets: ONEKSIM group, “Renessans Kredit” bank, funds from various assets worth nine billion dollars.

Mikhail Friedman

Capital: 13.5 billion dollars

Increase: $1.21 billion

Main assets: Shares in companies “Alpha-Bank”, “Wintershall DEA”, VEON, “Turkcell”, “Dia”, “X5 Group”.

Vladimir Potanin

Capital: 31.8 billion dollars

Increase: $768 million

Main assets: shares in Norilskiy Nikel, Rosbank, Tinkoff Bank.

Leonid Fedun

Capital: 10.5 billion dollars

Increase: $712 million

Main assets: “Lukoil” share package.