5 Richest Billionaires in Energy Industry

In this article, we discuss the 5 richest billionaires in energy industry. To read the detailed analysis of the energy industry, go directly to the 25 Richest Billionaires in Energy Industry.

5. Gennady Timchenko

Net Worth: $23.4 Billion

Gennady Timchenko owns stakes in various Russian businesses, including gas and petrochemical firms PAO NOVATEK (MCX:NVTK) and Sibur Holding. Gennady Timchenko ranks fifth among the 25 richest billionaires in the energy industry.

4. Autry Stephens

Net Worth: $24.3 Billion

Autry Stephens began his proprietor business in Texas and drilled the first well in 1979. Today, Stephens’s Endeavor Energy Resources is one of the largest private oil producers in the US. Autry Stephens has a net worth of around $24.3 billion.

3. Low Tuck Kwong

Net Worth: $26.4 Billion

Low Tuck Kwong owns the coal mining firm, Bayan Resources Tbk PT (IDX:BYAN). Kwong also controls Singapore’s renewable energy company Metis Energy Limited (SGX:L02), previously known as Manhattan Resources. Low Tuck Kwong has a net worth of $26.4 billion and ranks third among the richest billionaires in the energy industry.

2. Leonid Mikhelson 

Net Worth: $27.4 Billion

Leonid Mikhelson is the founder and chairman of natural gas producer PAO NOVATEK (MCX:NVTK). Mikhelson also has a 30% stake in petrochemical company Sibur, which merged with TAIF Group in 2021. Leonid Mikhelson ranks among the top 25 richest billionaires in the energy industry.

1. Vagit Alekperov

Net Worth: $28.6 Billion

Vagit Alekperov is the richest billionaire in the energy industry. Alekperov owns approximately a 30% stake in PJSC LUKOIL (MCX:LKOH). 

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