Have halved. The wealth of Russian oligarchs fell by almost 2 times in 2 months

Immediately 108.5 billion dollars in total lost 10 participants in the Russian Forbes list, whose fortunes declined the most during the year.

As usual, the richest suffered more than others - almost all participants in the ten most impoverished were in the top 20 of the Forbes list in 2021. The list of victims is headed by the owner of Severstal, Alexei Mordashov. Last year, he ranked first on the list of the richest people in Russia, and after he fell under Western sanctions, he dropped to fifth place.

In general, the number of Russian billionaires, which, according to last year's forecasts of the publication, should have grown, has now decreased from 123 to 88 people, and their total fortune has almost halved from 606 billion to 353 billion dollars. So:

Alexey Mordashov lost $15.9 billion and now his fortune is $13.2 billion. In addition, his 65-meter yacht Lady M and real estate in Sardinia worth about $105 million were arrested in Italy.

Vagit Alekperov (co-owner of Lukoil) lost 14.4 billion dollars and now has 10.5 billion dollars. And this despite the fact that oil prices are rising. Alekperov resigned as head of the company yesterday.

Suleiman Kerimov and his family (the gold mining company Polyus) lost two-thirds of their fortune - $11.4 billion, leaving $4.4 billion, despite the increase in demand for gold amid the crisis. In addition, the authorities of the island of Fiji detained the yacht Amadea, which allegedly belongs to the Kerimovs.

Tatyana Bakalchuk (CEO of Wildberries) lost “almost everything,” that is, $10.9 billion, while “only” $2.1 billion remained. This is due to the collapse of the Russian market and disruption of supply chains, the publication’s experts say.

Leonid Mikhelson (Chairman of the Board of PJSC Novatek). His losses amounted to 10.9 billion dollars, and now he has 14 billion dollars. Canada and Great Britain imposed sanctions against Michelson.

Read about the rest of the people involved in this sad list here .