Business | Banking
A billion dollars is simply not enough
One billion dollars is no longer enough to gain entry to Russia's rich list.
- Reuters
- Published: 00:33 April 19, 2008
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
-
Global Village
A world of fun
Revamped layout featuring four cultures to greet visitors this season
Business Editor's choice
-
Lloyds chief banks on yes vote
Stress levels were running high for Daniels ahead of bank's record venture
-
LED backlighting to brighten up industry
World Cup soccer fever spurs sales in Middle East, Africa, Asia-Pacific and China
-
Koreans win $10b worth of contracts
Bilateral trade to pick up on higher demand, Korean official says
