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Chelsea's owner Roman Abramovich tops Russia's richest men list

08.02.2005 Source:
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Mikhail Khodorkovsky and other shareholders of Yukos cannot be found on the list

Russian Finance Magazine has recently published its second rating of Russian richest men. Such lists are ironically referred to as “police instructions” in Russia. Indeed, a lot of outstanding Russian businessmen do not like their own participation on the list – the Russian business does not like to be exposed to the public eye.

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Chelsea's owner, Roman Abramovich, tops the list of Russia's billionaires. Abramovich, who takes the position of the Chukotka region governor, owns the $11.5-billion fortune. The rest of the list looks as follows:

2. Oleg Deripaska, Basic Element - $8350 million
3. Mikhail Fridman, Alpha-Group - $8100 million
4. Vladimir Lisin, NLMK - $6650 million
5. Viktor Vekselberg, Renova - $6320 million
6. Vladimir Yevtushenkov, System - $6040 million
7. Vladimir Bogdanov, Surgutneftegaz - $5350 million
8. Aleksei Mordashov, Severstal-Group - $4970 million
9. Mikhail Prokhorov, Norilsk Nickel, Interros - $4320 million
10. Vladimir Potanin, Interros, Norilsk Nickel -  $4280 million

One may notice that Mikhail Khodorkovsky and other shareholders of Yukos cannot be found on the list. It is quite a logic aspect indeed: the notorious Yukos scandal has caused a considerable damage to the fortune. The oil giant's CEO, Mikhail Khodorkovksy is listed on the 109th position with $220 million dollars and the “prisoner” status. A similar situation can be found with Platon Lebedev (Menatep Group) – the 134th place with $150 million. Sergei Bidash, the former director of Tagmet, is the third prisoner on the list (he was arrested in November of 2004). Bidash is listed on the 393th position with $35 million.

Oligarch Roman Abramovich still enjoys the status of Russia's richest man, although he has become four percent pooper. The inconsiderable decline is connected with the reduction of Yukos's shares that Sibneft holds.

Oleg Deripaska is the king of Russia's automobile and aluminum markets. Experts of the magazine believe that the secret of his financial well-being is very simple. Oleg Deripaska is the only owner of Basic Element and Russian Aluminium holdings.

The top three is complete with Mikhail Fridman, the head of Alpha-Group.

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