New Classification Adds 24 Tycoons to Russian Billionaire Ranks in Latest Forbes Rankings

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Forbes Magazine has reclassified 24 billionaires as Russian, revising its 2025 World Billionaires List. The revised list now accurately reflects the billionaires’ citizenship, rather than their place of residence.

The revised list includes notable Russian entrepreneurs such as Alisher Usmanov and Andrey Melnichenko, with Vagit Alekperov remaining the richest Russian for the second year in a row, with an estimated fortune of $28.7 billion.

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