BBI: Russian billionaires gain $38 bln in January–November

MOSCOW, Dec 2 (PRIME) -- The combined fortune of Russia’s billionaires increased by U.S. $38.413 billion in January–November, Bloomberg reported in its Bloomberg Billionaires Index (BBI) released on Monday.

The index is calculated basing on the share price of the companies, in which the billionaires have stakes. For some firms the calculation is done basing on a capitalization to earnings before interest, taxes, depreciation and amortization (EBITDA) ratio or a share price to earnings per share ratio. The rating comprises 500 wealthiest people of the world, including 23 Russians.

Vladimir Potanin, one of the core owners of metals giant Norilsk Nickel, ranked number one among the richest Russians with a fortune of $25.6 billion, an increase of almost $6 billion.

CEO of independent gas producer Novatek Leonid Mikhelson remained in the second position with a $23.7 billion wealth, which has grown by $4.26 billion since the beginning of the year.

Lukoil co-owner Vagit Alekperov remained third with a $21.1 billion wealth, a $5.03 billion increase.

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