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Forbes: The richest man in Russia with $37 billion is Severstal owner Alexei Mordashov

According to the magazine, the total wealth of Russian billionaires has grown to a record $696.5 billion

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The main shareholder of „Severstal“, Alexei Mordashov, took first place in the Forbes magazine's 2026 ranking of the 155 billionaires in Russia. The list is published on the magazine's website.

According to the magazine, the chairman of the board of directors and main shareholder of „Severstal“, took first place by a wide margin. His net worth is estimated at $37 billion.

The second place is held by the CEO of „Interros“ and president of „Norilsk Nickel“ Vladimir Potanin, with an estimated net worth of $29.7 billion.

Third is Vagit Alekperov, founder of the oil company “Lukoil“. His net worth increased to $29.5 billion.

The top five Russian billionaires also include Novatek CEO Leonid Mikhelson and his family ($28.3 billion) and Suleiman Kerimov and his family ($25.7 billion).

According to Forbes, the total wealth of Russian billionaires has grown to a record $696.5 billion.