30 Wealthiest People in Russia

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1. Vagit Alekperov

Net Worth as of July 8, 2024: $28.6 Billion

Vagit Alekperov is a self-made billionaire and has made a majority fortune in the oil industry. Alekperov served as an oil rig worker in the Caspian Sea before starting his business. In 1991, Alekperov took three large ministry-controlled oil fields and established Russia’s largest independent oil firm, Lukoil. Alekperov owns around 30% share in Lukoil. In April 2022, Alekperov stepped down as the president of Lukoil following sanctions by the UK. With a net worth of almost $28.6 billion, Vagit Alekperov is the wealthiest person in Russia in 2024.

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