Saturday, April 17, 2010

Roman Abramovich Falls To 4th In Russia's Rich List


Chelsea Football Club owner Roman Abramovich has slipped to fourth in Russia's rich list as the number of billionaires in the country doubled to 62, Forbes magazine said.

Vladimir Lisin, chairman and majority owner of Novolipetsk Steel, took the top spot on the annual Forbes list, with a fortune of $15.8bn – up from $5.2bn in 2009.

Mikhail Prokhorov, head of Onexin investment fund group, who topped last year's list, dropped to second with $13.4bn, ahead of telecoms, retail and oil billionaire Mikhail Fridman, with $12.7bn.

Mr. Abramovich slipped to fourth place despite seeing his net worth increase from $8.5bn to $11.2bn.

He pipped Oleg Deripaska, of Rusal, by $500,000 to remain the wealthiest Russian oligarch in Britain.

Mr. Deripaska, who topped the 2008 Russia list with $28.6bn, fought his way back from 10th place last year to round out the top five after cleaning up his companies' debt and putting aluminum maker UC Rusal on the road to an eventual Hong Kong listing.

The number of Russian billionaires almost doubled last year, hitting 62 from 32 in the previous year, as the country rebounded from its first recession in a decade, Forbes magazine said.

No comments:

Post a Comment