With a fortune of over $24.5 billion, Vladimir O. Potanin, president of metals giant Norilsk Nickel and its biggest shareholder, is the richest person in Russia, an analysis of the Bloomberg Billionaires Index shows. Norilsk Nickel (NILSY) is the largest producer of palladium and high-grade nickel in the world, as well as a major producer of platinum and copper.

Norilsk Nickel accounts for about 40% of global palladium output, as well as roughly 10% of platinum and refined nickel. It also produces 3% of the world’s cobalt supply. Behind Vladimir Potanin is Leonid Mikhelson, with an estimated net worth of $21.4 billion, followed by Alexey Mordashov (No. 3, $21.3 billion); and Andrey Melnichenko (No. 4, $19.7 billion).

Alisher Usmanov is the fifth-wealthiest person in Russia, with $17.9 billion. Viktor Vekselberg ranked 6th with a personal wealth of $16 billion, followed by Roman Abramovich with $13.7 billion. Mikhail Prokhorov is placed 8th with a net worth of $13.4 billion. Suleiman Kerimov ($11.2 billion) occupied the 9th position on the top 10 richest people in Russia list, followed by Gennady Timchenko (No. 10, $11 billion). Here’s a countdown of Russia’s top 20 richest people by net worth:

Russia’s Wealthiest Billionaires: Russia’s Top 20 Richest People, 2022

1. Vladimir Potanin $24.5 billion
2. Leonid Mikhelson $21.4 billion
3. Alexey Mordashov $21.3 billion
4. Andrey Melnichenko $19.7 billion
5. Alisher Usmanov $17.9 billion
6. Viktor Vekselberg $16 billion
7. Roman Abramovich $13.7 billion
8. Mikhail Prokhorov $13.4 billion
9. Suleiman Kerimov $11.2 billion
10. Gennady Timchenko $11 billion
11. Dmitry Rybolovlev $10.4 billion
12. Mikhail Fridman $10 billion
13. Victor Rashnikov $9.92 billion
14. Vyacheslav Kantor $7.66 billion
15. German Khan $6.88 billion
16. Alexander Abramov $6.83 billion
17. Andrey Guryev $6.11 billion
18. Petr Aven $5.43 billion
19. Vagit Alekperov $5.20 billion
20. Alexey Kuzmichev $5.16 billion

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