Forbes states Russia mints 15 new billionaires
(MENAFN) Russia has gained 15 new billionaires over the past year, according to the 2025 Forbes World’s Billionaires List, bringing the country's total to a record 146 — despite ongoing Western sanctions intended to destabilize its economy.
The new Russian billionaires hail from a wide range of industries, including coal, IT, oil and gas, finance, agriculture, food production, pharmaceuticals, transport, housing, and energy. Some are self-made entrepreneurs, while others are heirs to established fortunes.
The wealthiest newcomer is Indian-born Vikram Punia, founder of pharmaceutical company Pharmasyntez, with an estimated net worth of $2.1 billion. Others include Lyudmila Kogan ($1.3 billion), who inherited a majority stake in Uralsib Bank after the death of her husband, banker Vladimir Kogan; twin brothers Alexander and Viktor Linnik ($1.3 billion each), co-founders of meat producer Miratorg; and Boris Nuraliev ($1.3 billion), creator of software firm 1C.
Globally, Russia ranked fifth for the number of new billionaires. The United States led with 103 additions, including Marilyn Simons ($31 billion), widow of hedge fund legend Jim Simons, and Lyndal Stephens Greth ($25.8 billion), daughter of oil tycoon Autry Stephens.
Germany came second with 37 new billionaires, including the list’s youngest—19-year-old Johannes von Baumbach ($5.4 billion). China and Hong Kong followed with 32, while India took fourth place with 17.
According to Forbes, 196 of this year’s new billionaires—about 70%—built their wealth independently. The leading industries were tech and artificial intelligence, producing 46 new billionaires, followed by finance (41) and healthcare (40).
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