Business | Banking
A billion dollars is simply not enough
One billion dollars is no longer enough to gain entry to Russia's rich list.
Moscow : One billion dollars is no longer enough to gain entry to Russia's rich list.
Oleg Deripaska, who controls aluminium producer United Company Rusal among a host of infrastructure, energy and financial assets, tops the latest Forbes list with a fortune of $28.6 billion - $11.8 billion more than he was worth last year.
Deripaska replaces Chelsea soccer club owner Roman Abramovich, who drops to third. The two are split by Alexei Mordashov, majority owner of Severstal, Russia's largest steel maker.
"The main fortunes are concentrated now in metallurgy, finance and property," Maxim Kashulinsky, editor of Forbes' Russian edition, said.
Mordashov was the biggest gainer, adding $12.4 billion to take his fortune to $24.5 billion. Abramovich is worth $24.3 billion. Russia's richest 100 people had a combined fortune of $522 billion.
Share this article
Popular in Business

-
General
Precious jump
Gold prices at new high as India's central bank buys $6.7b worth of gold
Business Editor's choice
-
UAE companies in full force at WTM
Seventy-eight participants are from Dubai and 50 from Abu Dhabi
-
DIFC committed to high standards
Ensures an efficient process to serve the business community
-
Sweet life in the Middle East
A sweet look at the confectionary industry in the UAE and Middle East


