NewsRecord number of Russian billionaires amid sanctions, Forbes reveals

Record number of Russian billionaires amid sanctions, Forbes reveals

Despite sanctions imposed by the West on Russia for over two years following its invasion of Ukraine, the number of Russian billionaires is currently the highest in history. The American magazine "Forbes" has listed as many as 125 Russians in its list of the world's wealthiest people, noted the independent Russian portal Meduza.
The owner of the oil company Lukoil, Vagit Alekperov, was recognized as the wealthiest Russian.
The owner of the oil company Lukoil, Vagit Alekperov, was recognized as the wealthiest Russian.
Images source: © East News | MAXIM SHIPENKOV
ed. KKG

3 April 2024 12:27

In 2021, "Forbes" included 121 Russian citizens in the billionaires group. The following year, due to Western economic restrictions imposed on the Kremlin, this number decreased to 88. In 2023, however, it increased to 110, and in 2024 - to 125, setting a record, reports Meduza.

On Tuesday, Forbes announced a new list of billionaires. It featured 2,781 entries, 141 more than the previous year. The richest are Americans, taking up 813 spots in the ranking. Following the United States, China is in second place—473 spots (including Hong Kong)—and India has 200 billionaires.

Musk dethroned due to Tesla's results

At the top of the list is Bernard Arnault, the head of the French luxury goods company LVMH (LVMH Moet Hennessy Louis Vuitton) (£190 billion). Elon Musk (£159 billion) took second place. He was dethroned due to poorer Tesla results and was the former number one in the richest club. In third place is Amazon's founder, Jeff Bezos, and in fourth place is Facebook's creator, Mark Zuckerberg.

The wealthiest Russian is recognized as the owner of the oil company Lukoil, Vagit Alekperov, who took 59th place with an estimated fortune of £23.3 billion.

Related content
© Daily Wrap
·About us
·Terms of service
·Contact us
·Privacy policy
·

Downloading, reproduction, storage, or any other use of content available on this website—regardless of its nature and form of expression (in particular, but not limited to verbal, verbal-musical, musical, audiovisual, audio, textual, graphic, and the data and information contained therein, databases and the data contained therein) and its form (e.g., literary, journalistic, scientific, cartographic, computer programs, visual arts, photographic)—requires prior and explicit consent from Wirtualna Polska Media Spółka Akcyjna, headquartered in Warsaw, the owner of this website, regardless of the method of exploration and the technique used (manual or automated, including the use of machine learning or artificial intelligence programs). The above restriction does not apply solely to facilitate their search by internet search engines and uses within contractual relations or permitted use as specified by applicable law.Detailed information regarding this notice can be found  here.