Russian billionaires' wealth drops nearly $20B in 2026

The net worth of Russian billionaires has decreased by $20 billion since the beginning of the year.

Consensus

The combined wealth of Russian billionaires in the Bloomberg Billionaires Index decreased by approximately $20 billion from the beginning of 2026.
The data is based on the Bloomberg Billionaires Index (BBI).
The BBI includes 500 of the world's wealthiest individuals.
18 Russian citizens are included in the BBI.
The total wealth of these 18 Russian billionaires on September 1 was $263.28 billion.
The decline occurred despite a prior $22 billion gain at the start of the year.
The BBI calculates wealth based on the value of company shares held by billionaires.
For some companies, the calculation uses capitalization-to-EBITDA or price-to-earnings ratios.

Points of divergence

The decline was almost $20 billion after a $22 billion increase earlier in the year. — tg_theinsider
Mikhail Prokhorov lost $6.45 billion, Vladimir Potanin lost $3.73 billion, Alisher Usmanov lost $2.92 billion, and Pavel Durov lost $2.56 billion, totaling $15.66 billion in losses — 79% of the overall decline. — tg_theinsider
Alexei Mordashov gained $1.43 billion, bringing his wealth to $27.7 billion; Gennadiy Timchenko gained $853 million, Leonid Mikhailson gained $460 million, Dmitry Rybolovlev gained $319 million, and Iskander Mahmudov gained $198 million. — tg_theinsider
Alexei Mordashov is the wealthiest Russian in the ranking with $27.7 billion, followed by Leonid Mikhailson ($24.1 billion), Vladimir Potanin ($22.7 billion), Vladimir Lisin ($22.5 billion), and Vagit Alakperov ($20.7 billion). — kommerant
The total decline by July 1 was only $1.93 billion. — vedomosti
Sberbank ranked 64th in the Fortune Global 500, with a 36.8% revenue increase year-on-year to $135 billion. — vm
The number of billionaires worldwide reached a record 3,795 in 2025, with total wealth of $15.1 trillion. — vm
Yusuf Alekperov, son of Lukoil founder Vagit Alekperov, is the wealthiest Russian heir with a $29.5 billion inheritance. — vm
Tatyana Kim became Russia's richest woman with $5 billion, followed by Yelena Baturina ($1.3 billion) and Lyudmila Kogan ($1.25 billion). — vedomosti
The wealth changes do not reflect actual cash gains or losses, but are influenced by stock prices, ruble exchange rate, valuation of private assets, and asset structure changes. — tg_theinsider
Russia ranked second in the world for wealth inequality in July, after the UAE. — tg_theinsider

Coverage (8 sources)

Combined wealth of Russian billionaires from top 500 Bloomberg list dropped by nearly $20 billion in three months after growth... — The Insider
State of Russian billionaires decreased by almost $20 billion — РИАМО
State of Russian billionaires decreased by $20 billion — Ведомости
State of Russia's richest businessmen decreased by 20 billion dollars — Вечерняя Москва
The state of billionaires from Russia at the beginning of the year decreased by $20 billion — Коммерсантъ
State of billionaires from Russia at the beginning of the year decreased by almost $20 billion, according to Bloomberg Billio... — РИА Новости (Telegram)
State of Russian billionaires decreased by almost $20 billion since the beginning of the year — Вести
Bloomberg: Wealth of Russia's Richest Businessmen Shrunk by Nearly $20 Billion — Москва 24

Russian billionaires' wealth drops nearly $20B in 2026

Consensus

Points of divergence

Coverage (8 sources)

Key entities

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