BBI: Russian billionaires gain $18.4 bln in January–September

MOSCOW, Oct 1 (PRIME) -- The combined fortune of Russia’s 23 billionaires increased by U.S. $18.422 billion in January–September, Bloomberg said in a report accompanying its Bloomberg Billionaires Index (BBI) released 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 was again number one with a $21.6 billion wealth, which has grown by $4.93 billion since the year start.

The fortune of Vladimir Lisin, the major beneficiary of steelmaker Novolipetsk Steel (NLMK), rose by $2.55 billion to $20.6 billion as of the end of September.

Alexei Mordashov, the majority shareholder of steelmaker Severstal, descended to the third position with $20.2 billion, up by $491 million.

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