BBI: Russian billionaires fortune rises by $3.3 billion in JanJun - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

BBI: Russian billionaires fortune rises by $3.3 billion in JanJun

MOSCOW, Jul 3 (PRIME) -- The combined fortune of Russias 24 billionaires increased by U.S. $3.271 billion in JanuaryJune, Bloomberg said in a report accompanying its Bloomberg Billionaires Index (BBI) released late on Monday.

The index is calculated basing on capitalization and financial reports of companies owned by the businessmen, or on a ratio between capitalization and earnings before interest, taxes, depreciation and amortization (EBITDA) or a ratio between a share price and earnings per share.

CEO of independent gas producer Novatek Leonid Mikhelson is the wealthiest person in Russia with a fortune of $18.9 billion, up by $2.23 billion since January 1. Alexei Mordashov, the majority shareholder of steelmaker Severstal, was number two with $18.9 billion, down by $804 million. The fortune of Vladimir Lisin, the major beneficiary of steelmaker Novolipetsk Steel (NLMK), rose by $475 million to $18.5 billion since the beginning of the year.


03.07.2018 10:06
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