Friday, February 22, 2008

Magazine finds 40 more billionaires in Russia

From the International Herald Tribune:

Russia gained 40 billionaires last year for a total of 101, led by Oleg Deripaska, whose $40 billion fortune ranks among the largest in the world, Finans magazine reported Monday.

Deripaska, 40, the founder of United Co. Rusal, the aluminum company with the largest capacity in the world, extended his lead over his former partner, Roman Abramovich. Surging metals prices and investments in construction and automaking increased Deripaska's wealth by 89 percent, the Moscow weekly said.

Abramovich, 41, the owner of the English Premier League soccer club Chelsea, saw his fortune rise 9.5 percent to $23 billion, followed by Vladimir Lisin of Novolipetsk Steel, Mikhail Fridman of Alfa Group and Alexei Mordashov of Severstal, who all moved up the list with estimated assets of $22.1 billion to $22.2 billion....MORE