- caption
- Russian President Vladimir Putin toasts with attendees after a state awards ceremony for military personnel who served in Syria, at the Kremlin in Moscow
- source
- Thomson Reuters
The US Treasury Department released a supposed list of 114 Russian politicians and businessmen, as well as 96 people labeled oligarchs, on Monday night.
Congress ordered the list to be compiled in response to Russia’s meddling in the 2016 presidential election, asking for “a detailed report on senior political figures and oligarchs in the Russian Federation … and on Russian parastatal entities.”
On Tuesday, it was reported that the list was compiled from open sources, mainly a Forbes article of the 200 richest Russian businessmen.
When asked why the list was of the richest Russian businessmen, and not oligarchs suspected of corruption, the Treasury Department told Business Insider in an email that the “report complies with requirements” of the law, adding that there’s also a classified portion.
Based on the Treasury Department’s list and Forbes’ data on each of the Russians’ current individual wealth, we’ve rounded up the 25 richest Russian oligarchs from the “Putin list:”
25. Andrey Kozitsyn: $4.8 billion
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- Andrey Kozitsyn.
- source
- Reuters
Kozitsyn leads a copper producing company called Urals Mining and Metals Company, but he also manages agricultural, construction, and telecom companies.
Source: Forbes
24. Dmitriy Kamenshchik: $5 billion
- caption
- Dmitriy Kamenshchik
- source
- Reuters
Kamenshchik owns Moscow’s Domodedovo Airport. He was briefly held responsible for a 2011 terrorist attack at the airport, and a criminal case was even opened against him, but Russia’s Prosecutor General’s office later dropped the charges.
Source: Forbes
23. Petr Aven: $5.3 billion
- caption
- Petr Aven
- source
- Reuters
Aven heads Russia’s second largest private bank, Alfa Bank.
Source: Forbes
22. Samvel Karapetyan: $5.3 billion
- caption
- Samvel Karapetyan
- source
- Wikimedia Commons
Karapetyan leads the Tashir Group, which owns multiple shopping centers, hotels, and office complexes.
Source: Forbes
21. Aleksandr Abramov: $5.4 billion
- caption
- Aleksandr Abramov
- source
- Reuters
Abramov is the chairman of a steel company called Evraz. He also owns a large stake in Norilsk Nickel with his brother Roman Abramovich, who is also on the “Putin list.”
Putin awarded him the Decoration of Beneficence for his charity work in January.
Source: Forbes
20. Suleyman Kerimov: $6.2 billion
- caption
- Suleiman Kerimov
- source
- REUTERS
Kerimov “has made a career of investing in distressed companies,” according to Forbes, and represents Dagistan in Russia’s Federation Council.
Source: Forbes
19. Mikhail Gutseryev: $6.4 billion
- caption
- Mikhail Gutseryev
- source
- Via Wikimedia Commons
Gutseryev is the majority shareholder of Safmar Group, which owns Russneft and Neftisa oil companies.
Source: Forbes
18. Oleg Deripaska: $6.9 billion
Deripaska owns large stakes in aluminum, power, insurance, and auto companies. He also employed Paul Manafort, who even offered to give him personal briefings about the 2016 presidential election.
Source: Forbes, Washington Post
17. Leonid Fedun: $7.1 billion
- caption
- Leonid Fedun
- source
- Reuters
Fedun is the “right hand man” of Vagit Alekperov, the CEO of oil and gas company Lukoil.
Source: Forbes
16. Iskander Makhmudov: $7.2 billion
- source
- Wikimedia Commons
Makhmudov is the majority owner of Urals Mining and Metals Company, led by Andrey Kozitsyn. Spain filed money laundering charges against him 2009 and later handed the case over to Russian authorities, who eventually dropped the case.
Source: Forbes
15. Andrei Skoch: $7.2 billion
- caption
- Andrei Skoch
- source
- Screenshot via YouTube
Skoch is a partner in the metallurgy company, Metalloinvest conglomerate.
Source: Forbes
14. Dmitry Rybolovlev: $7.4 billion
Rybolovlev sold his stake in a potassium company called Uralkali for $6.5 billion in 2010, and has since bought Trump’s former Palm Beach mansion – Maison de L’Amitie – and the AS Monaco Football Club.
Source: Forbes
13. Aleksey Kuzmichev: $7.9 billion
- caption
- Alexey Kuzmichev.
- source
- REUTERS/Sergei Karpukhin
Kuzmichev controls the Alfa Group conglomerate, which owns Alfa Bank, along with other listed oligarchs German Khan and Mikhail Fridman.
Source: Forbes
12. Viktor Rashnikov: $9.8 billion
- caption
- Viktor Rashnikov
- source
- Reuters
Rashnikov is the majority owner of Magnitogorsk Iron & Steel Works.
Source: Forbes
11. German Khan: $10.2 billion
Khan owns the majority of Alfa Group with oligarchs Aleksey Kuzmichev and Mikhail Fridman.
Source: Forbes
10. Roman Abramovich: $11.2 billion
- source
- Clive Mason/Getty Images
Abramovich is the majority owner of the Chelsea Football Club, a steel company Evraz, and Norilsk Nickel.
He also owns the world’s second-largest yacht, which he bought for $400 million in 2010.
Source: Forbes
9. Gennadiy Timchenko: $15.7 billion
- source
- Sergei Karpukhin/Reuters
Timchenko owns shares in multiple Russian businesses, including a gas company called Novatek and a petrochemical company called Sibur Holding, among others.
He’s also close to Putin, and was sanctioned by the US in 2014 after Russia’s annexation of Crimea.
Source: Forbes
8. Mikhail Fridman: $15.7 billion
Fridman owns Alfa Group, along with German Khan and Aleksey Kuzmichev.
Source: Forbes
7. Alisher Usmanov: $16 billion
Usmanov owns a large stake in iron and steel company Metalloinvest. He was an early investor in Facebook and owns shares in the Arsenal Football Club, among other companies.
Usmanov also led the state-run Gazprom Investholding from 2000-2014.
Source: Forbes
6. Vagit Alekperov: $16.4 billion
- source
- Sergei Karpukhin/Reuters
Alekperov is the president of Russian oil company Lukoil, which he started in 1991 after acquiring three large oil fields.
Source: Forbes
5. Andrey Melnichenko: $16.4 billion
- source
- Maxim Shemetov/Reuters
Melnichenko owns majority shares in a fertilizer company called Eurochem and a coal company called SUEK.
Source: Forbes
4. Vladimir Potanin: $16.5 billion
- source
- Reuters
Potanin owns 30% of Norilsk Nickel, along with stakes in multiple insurance, media, agriculture, engineering, and oil companies.
Source: Forbes
3. Leonid Mikhelson: $18.1 billion
- source
- Reuters
Mikhelson founded and chairs a natural gas company called Novatek, and also chairs a gas processing and petrochemical company called Sibur.
Source: Forbes
2. Vladimir Lisin: $19 billion
- source
- Maxim Shemetov/Reuters
Lisin owns a majority share of a steel mill company called Novolipetsk, and also controls Universal Cargo Logistics Holding.
Source: Forbes
1. Aleksey Mordashov: $19.6 billion
- source
- Anatoly Medved/Host Photo Agency via Getty Images
Mordashov owns stake in the world’s largest tourism company, TUI Group, as well as a number of gold mining and engineering firms.
Source: Forbes