November 1, 2026
Data from the “Billionaires Index” issued by Bloomberg showed that the wealth of Russia’s wealthy people has incurred collective losses since the beginning of 2026, amounting to about $24.56 billion, coinciding with another list of businessmen achieving mixed gains.
The Chairman of the Board of Directors of Nornickel, Vladimir Potanin, topped the list of those most affected, after his wealth fell by $8.1 billion to settle at $21.6 billion. The wave of decline included Mikhail Prokhorov, whose wealth decreased by $4.86 billion to $10.8 billion, and Mikhail Fridman, who lost $3.8 billion, bringing his balance to $10.4 billion.
The losses also affected Andrey Melnichenko, co-founder of Eurochim and SWIC, whose wealth declined by $2.8 billion to reach $17.4 billion. The founder of the Telegram application, Pavel Durov, was not spared from this decline, as his wealth lost $2.61 billion, reaching $12.1 billion.
On the other hand, the index recorded remarkable gains for a number of wealthy Russians during the same period. Gennady Timchenko and Viktor Vekselberg shared the top spot on the list of winners, with an increase of $1.04 billion each, bringing their wealth to $14 billion and $11.1 billion, respectively.
Suleiman Kerimov’s wealth also grew by about $933 million, reaching $10.7 billion, and Vagit Alekperov’s balance jumped by $512 million to reach $26.1 billion, while Dmitry Rybolovlev added $461 million to his wealth, which is now estimated at $9.82 billion.
