Russia is home to many ultra-wealthy billionaires, with the majority of them located in Moscow. These billionaires have made their fortunes in a variety of industries, including metals and mining, energy, oil, gas, chemicals, and steel.
How many billionaires are in Russia?
In Russia, there are a total of 75 billionaires as of 2025. The majority of them are located in Moscow, with 58 billionaires. The next highest concentration is in Kazan, with 3 billionaires. Saint Petersburg has 4 billionaires, while Chelyabinsk, Irkutsk, Kemerovo, Krasnodar, Magnitogorsk, the Moscow region, Murmansk, Rostov-on-Don, Surgut, Verkhnyaya Pyshma, and Yekaterinburg each have 1 billionaire.
Top 5 Billionaires in Russia 2025
Who has the highest net worth in Russia?
1. Vladimir Potanin
Vladimir Potanin, born in 1961, is a self-made male billionaire with a net worth of $24.3 billion in 2025, ranking him 60th in the world. His primary source of wealth is the metals industry, and he also has interests in the mining industry. Recently, Potanin has been actively involved in philanthropic efforts focused on cultural preservation and environmental sustainability in Russia.
2. Vladimir Lisin
Vladimir Lisin, born in 1956, is a self-made male billionaire with a net worth of $21.8 billion in 2025. Ranked 68th in terms of wealth worldwide, his business interests span the metals and mining, steel, and transport industries. Lisin has expanded his steel production capacity and invested in green technologies to reduce the environmental impact of his operations.
3. Leonid Mikhelson & family
Leonid Mikhelson, born in 1955, is a self-made male billionaire with a net worth of $22.4 billion, ranking him 65th in terms of wealth worldwide in 2025. His main source of wealth is from the energy sector, specifically gas and chemicals, and he has interests in other industries as well. Mikhelson has recently spearheaded initiatives to develop alternative energy projects in Russia, including hydrogen fuel technologies.
4. Alexey Mordashov & family
Alexey Mordashov is a self-made Russian billionaire born in 1965. In 2025, he was ranked 75th in the world with a net worth of $19.7 billion. His business interests are mainly in the metals and mining sector, with his source of wealth coming from investments in steel. Mordashov has diversified his portfolio into technology startups and renewable energy sectors in recent years.
5. Vagit Alekperov
Vagit Alekperov was born in 1950 and is a self-made male billionaire. In 2025, he had a net worth of $19.2 billion, ranking him 78th in terms of wealth worldwide. His business operates in the energy and oil industries, and his wealth is sourced from these industries. Alekperov has been focusing on modernizing oil extraction techniques and increasing investments in sustainable energy alternatives.
Sources:
Forbes Billionaires List 2025
Statista: Number of Billionaires in Russia 2025
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