BBI: Russian billionaires lose $62.6 bln in January–March - 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 lose $62.6 bln in January–March

MOSCOW, Apr 1 (PRIME) -- The combined fortune of Russia’s billionaires decreased by U.S. $62.65 billion in January–March, including by $33.1 billion in March, according to Bloomberg Billionaires Index (BBI) released on Wednesday.

The index is calculated basing on capitalization and financial reports of companies owned by the businessmen, or on a capitalization to earnings before interest, taxes, depreciation and amortization (EBITDA) ratio and or a share price to earnings per share ratio. The rating comprises 500 wealthiest people of the world, including 24 Russians.

Vladimir Potanin, one of the core owners of metals giant Norilsk Nickel, was ranked number one among the richest Russians with his fortune falling by $3.81 billion in January–March to $24.2 billion.

Vladimir Lisin, the main beneficiary owner of steel producer Novolipetsk Steel (NLMK), was second with his fortune decreasing by $4.7 billion to $16.7 billion.

Alexei Mordashov, the main owner of steel producer Severstal, was third with his fortune falling by $4.83 billion to $15.1 billion.

CEO of independent gas producer Novatek Leonid Mikhelson occupied the fourth position with a $14.6 billion wealth, which has shrunk by $9.95 billion since the beginning of the year.

Vagit Alekperov, co-owner and the CEO of oil major Lukoil, was on the fifth place with his wealth falling by $7.69 billion to $14.6 billion.

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01.04.2020 10:59