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Energy tycoon Leonid Mikhelson tops Russia's rich list: Forbes

Has estimated wealth of $18.4 bn, 2nd and 3rd spots in the ranking were occupied by steel tycoons

Reuters  |  Moscow 

Leonid Mikhelson, co-owner of Russian gas producer Novatek, has topped Russia's rich list for a second year running with an estimated wealth of $18.4 billion, the Russian edition of Forbes reported on Thursday. It said that Mikhelson, 61, had increased his wealth by $4 billion year-on-year, putting him at the head of the financial magazine's 2017 list of Russia's 200 wealthiest businessmen. Apart from a stake in Novatek, Russia's second-largest gas producer after Gazprom, Mikhelson also owns a stake in Sibur, a petrochemical firm. "The cost of a ...

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First Published: Thu, April 20 2017. 16:17 IST