Russia 's richest people added $72 billion to their fortunes over the past year, taking their collective wealth to $577 billion, Forbes said on Tuesday. Vagit Alekperov , former president of oil major Lukoil , took Russia 's top spot. In 2021, before Russia 's invasion of Ukraine, Forbes had estimated the total wealth of Russia n billionaires at $606 billion. High commodity prices and Russia 's war-focused economic growth have aided a recovery towards that figure.
Many Russian billionaires fell under Western sanctions, dropping their total wealth to $353 billion in 2022. Alekperov's fortune rose to $28.6 billion from $20.5 billion over the past year, Forbes said
Russia Billionaires Wealth Forbes Vagit Alekperov Lukoil Sanctions Economy
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