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Total wealth of Russian billionaires sharply increased in 2025

Total wealth of Russian billionaires sharply increased in 2025

2025 was, one might say, a "plus" year for Russia's wealthiest segment. Citing Bloomberg's "Billionaires Index," TASS reports that the total wealth accumulated in the hands of the wealthiest Russians has increased by $23 billion 818 million in a year.

Notably, the growth was not due to "one or two" names, but rather due to the appreciation of assets of several major players. Someone strengthened their portfolio, someone's business ratings increased - as a result, the figures in the index "went upward."

Usmanov - one of the biggest winners of the year

According to Bloomberg estimates, the wealth of Alisher Usmanov, a shareholder of Metalloinvest, a major producer of iron ore, increased by $6.04 billion in 2025, reaching $19.3 billion. That is, he is among those who finished the year with the biggest addition.

Makhmudov also recorded a sharp increase

The property of Iskandar Makhmudov, the founder of the Ural Mining and Metallurgical Company, also made a significant addition: his wealth increased by $4.75 billion to $7.88 billion. This, in turn, is reminiscent of the "mood of inflation" around the metallurgical segment in 2025.

Durov and Kim: Money for technology and the marketplace

Telegram founder Pavel Durov became richer by $3.38 billion in 2025, bringing his total wealth to $14.4 billion.

Wildberries founder Tatyana Kim added $515 million last year, bringing her fortune to $7.89 billion. In short, technology on one side, a large trading platform on the other - both are "plus."

The biggest loss is on Fridman

However, 2025 was not a sweet year for everyone. According to the report, the most affected Russian businessman in 2025 is Mikhail Fridman. It lost $4.7 billion, and as a result, the value of its assets decreased to $10.1 billion.

In conclusion, the Bloomberg index shows one picture: in 2025, Russia's wealthiest people have generally "thickened considerably," but behind this background, the year has been difficult for some major names. Market - market: someone gets a bonus, someone gets a negative 4.7 billion.

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