Difference between revisions of "Russian Oligarchs"

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| [[Igor Sechin]] || Significant (state-linked) || Russian || Oil || [[Rosneft]] || Yes || Often included in oligarch discussions; state oil leadership ||  
 
| [[Igor Sechin]] || Significant (state-linked) || Russian || Oil || [[Rosneft]] || Yes || Often included in oligarch discussions; state oil leadership ||  
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|}
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{| class="wikitable sortable mw-collapsible mw-collapsed" style="width:100%;"
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|+ Prominent Russian oligarchs (merged list including all from previous sources and the 45 from Forbes unsanctioned list; sanctions notes parsed from source where provided)<ref name="UnsanctionedForbes">Forbes, [https://archive.ph/P0IiG The 45 Unsanctioned Russian Oligarch Billionaires] ''Forbes'', accessed 10 June 2026.</ref>
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! Name !! Estimated wealth (USD, approx.) !! Ethnic/religious background !! Primary industrial sector !! Main firms !! Sanctioned by the West? !! Notes of interest !! Key sources
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|-
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| [[Airat Shaimiev]] || - || - || - || - || Yes (U.K. on November 2, 2022) || - || <ref name="UnsanctionedForbes" />
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|-
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| [[Albert Shigaboutdinov]] || - || - || - || - || Yes (U.K. on November 2, 2022) || - || <ref name="UnsanctionedForbes" />
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|-
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| [[Alexander Abramov]] || Billions || Jewish || Steel || [[Evraz]] || Yes (Australia on April 7, 2022; U.K. on November 2, 2022) || - || <ref name="JewishCurrents" /><ref name="UnsanctionedForbes" />
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|-
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| [[Alexander Frolov]] || - || - || - || - || Yes (U.K. on November 2, 2022) || - || <ref name="UnsanctionedForbes" />
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|-
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| [[Alexander Mamut]] || - || - || - || - || - || - || <ref name="UnsanctionedForbes" />
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|-
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| [[Alexander Nesis]] || - || - || - || - || - || - || <ref name="UnsanctionedForbes" />
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|-
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| [[Alexander Skorobogatko]] || - || - || - || - || - || - || <ref name="UnsanctionedForbes" />
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|-
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| [[Alexei Mordashov]] || $37–39 billion (2026) || Russian || Steel and metals || [[Severgroup]], [[Severstal]] || Yes (EU and others) || Russia's richest per 2026 rankings; featured in offshore investigations || <ref name="ForbesBillionaires2026" /><ref name="ICIJList" />
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|-
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| [[Alexey Repik]] || - || - || - || - || - || - || <ref name="UnsanctionedForbes" />
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|-
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| [[Anatoly Lomakin]] || - || - || - || - || - || - || <ref name="UnsanctionedForbes" />
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|-
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| [[Andrei Bokarev]] || - || - || - || - || Yes (Australia on April 8, 2022; U.K. on April 13, 2022) || - || <ref name="UnsanctionedForbes" />
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|-
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| [[Andrei Komarov]] || - || - || - || - || - || - || <ref name="UnsanctionedForbes" />
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|-
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| [[Andrei Kozitsyn]] || - || - || - || - || Yes (Canada on May 27, 2022; EU on July 22, 2022) || - || <ref name="UnsanctionedForbes" />
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|-
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| [[Andrei Rappoport]] || - || - || - || - || - || - || <ref name="UnsanctionedForbes" />
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|-
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| [[Andrey Guryev]] || Billions || Russian || Fertilisers || [[PhosAgro]] || Yes || Fertiliser magnate ||
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|-
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| [[Arkady Rotenberg]] || Billions || Russian || Construction and infrastructure || Various bridge and sports projects || Yes || Likely matches unnamed childhood friend entries; sanctioned || <ref name="ICIJList" />
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|-
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| [[Boris Berezovsky]] || Billions (peak) || Jewish || Media and finance || Former control of ORT television || N/A (deceased 2013) || Jewish; influential in 1990s media || <ref name="JewishCurrents" />
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|-
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| [[Boris Rotenberg]] || Billions || Russian || Construction || Similar network to brother || Yes || Brother of [[Arkady Rotenberg]]; sanctioned || <ref name="ICIJList" />
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|-
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| [[Dmitry Kamenshchik]] || - || - || - || - || - || - || <ref name="UnsanctionedForbes" />
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|-
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| [[Dmitry Pumpyansky]] || Billions || Russian || Steel and pipes || [[TMK]] || Yes || Mentioned in sanctions-related cases ||
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|-
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| [[Dmitry Rybolovlev]] || - || - || - || - || - || - || <ref name="UnsanctionedForbes" />
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|-
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| [[Elena Baturina]] || - || - || - || - || - || - || <ref name="UnsanctionedForbes" />
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|-
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| [[Egor Kulkov]] || - || - || - || - || - || - || <ref name="UnsanctionedForbes" />
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|-
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| [[Gavril Yushvaev]] || - || - || - || - || - || - || <ref name="UnsanctionedForbes" />
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|-
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| [[Gleb Fetisov]] || - || - || - || - || - || - || <ref name="UnsanctionedForbes" />
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|-
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| [[God Nisanov]] || - || - || - || - || Yes (U.S. on June 2, 2022; U.K. on September 26, 2022; New Zealand on October 12, 2022) || - || <ref name="UnsanctionedForbes" />
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|-
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| [[Igor Altushkin]] || - || - || - || - || - || - || <ref name="UnsanctionedForbes" />
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|-
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| [[Igor Makarov]] || - || - || - || - || Yes (Australia on April 7, 2022; Canada on April 19, 2022; U.K. on September 26, 2022) || - || <ref name="UnsanctionedForbes" />
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|-
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| [[Igor Sechin]] || Significant (state-linked) || Russian || Oil || [[Rosneft]] || Yes || Often included in oligarch discussions; state oil leadership ||
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|-
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| [[Igor Yusufov]] || - || - || - || - || - || - || <ref name="UnsanctionedForbes" />
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|-
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| [[Iskander Makhmudov]] || - || - || - || - || Yes (U.K. on September 26, 2022; New Zealand on November 22, 2022) || - || <ref name="UnsanctionedForbes" />
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|-
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| [[Ivan Savvidis]] || - || - || - || - || - || - || <ref name="UnsanctionedForbes" />
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|-
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| [[Konstantin Ernst]] || Significant || Russian || Media || [[Channel One Russia]] || Yes (EU, UK, Canada) || CEO; offshore cinema deals documented || <ref name="ICIJList" />
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|-
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| [[Leonid Fedun]] || - || - || - || - || - || - || <ref name="UnsanctionedForbes" />
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|-
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| [[Leonid Mikhelson]] || $28.3 billion (2026) || Jewish || Natural gas || [[Novatek]] || Yes (Canada on April 6, 2022; Australia on April 7, 2022; U.K. on April 8, 2022; New Zealand on October 12, 2022) || Jewish background noted; matches descriptions of Novatek leadership in investigations || <ref name="ForbesBillionaires2026" /><ref name="JewishCurrents" /><ref name="ICIJList" /><ref name="UnsanctionedForbes" />
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|-
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| [[Megdet Rahimkulov & family]] || - || - || - || - || - || - || <ref name="UnsanctionedForbes" />
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|-
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| [[Mikhail Fridman]] || Billions (pre-2022 estimates) || Jewish || Banking and finance || [[Alfa Group]], [[Alfa Bank]] || Yes (EU, UK) || Co-founder; featured in offshore wealth investigations || <ref name="JewishCurrents" /><ref name="ICIJList" />
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|-
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| [[Mikhail Khodorkovsky]] || Billions (former peak) || Half-Jewish (paternal side) || Oil (former) || Former [[Yukos]] || No (exiled; earlier measures lifted after pardon) || Imprisoned 2005–2013; later pardoned || <ref name="JewishCurrents" />
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|-
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| [[Mikhail Prokhorov]] || - || - || - || - || - || - || <ref name="UnsanctionedForbes" />
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|-
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| [[Mikhail Shelkov]] || - || - || - || - || - || - || <ref name="UnsanctionedForbes" />
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|-
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| [[Nikolai Buinov]] || - || - || - || - || - || - || <ref name="UnsanctionedForbes" />
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|-
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| [[Oleg Boyko]] || - || - || - || - || Yes (Australia on April 7, 2022; Canada on April 19, 2022) || - || <ref name="UnsanctionedForbes" />
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|-
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| [[Oleg Deripaska]] || Billions || Russian || Aluminium and industry || [[Rusal]], Basic Element || Yes (US, UK) || Featured in financial investigations and sanctions coverage || <ref name="ICIJList" />
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|-
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| [[Petr Aven]] || Billions || Russian || Banking || [[Alfa Group]] || Yes (EU, UK) || Co-founder; offshore wealth featured || <ref name="ICIJList" />
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|-
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| [[Pyotr Kondrashev]] || - || - || - || - || - || - || <ref name="UnsanctionedForbes" />
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|-
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| [[Radik Shaimiev]] || - || - || - || - || - || - || <ref name="UnsanctionedForbes" />
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|-
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| [[Roman Abramovich]] || Billions (pre-sanctions estimates) || Jewish || Diversified (oil, metals, sports) || Former [[Sibneft]]; former owner of Chelsea FC || Yes || Jewish; prominent investor with high-profile assets || <ref name="JewishCurrents" />
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|-
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| [[Rustem Sulteev]] || - || - || - || - || - || - || <ref name="UnsanctionedForbes" />
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|-
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| [[Samvel Karapetyan]] || - || - || - || - || - || - || <ref name="UnsanctionedForbes" />
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|-
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| [[Sergei Chemezov]] || Billions || Russian || Defence and industry || [[Rostec]] || Yes (EU, US, UK) || Close associate; defence sector focus || <ref name="ICIJList" />
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|-
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| [[Sergei Gordeev]] || - || - || - || - || - || - || <ref name="UnsanctionedForbes" />
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|-
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| [[Sergei Popov]] || - || - || - || - || - || - || <ref name="UnsanctionedForbes" />
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|-
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| [[Sergey Roldugin]] || Significant (via networks) || Russian || Music and cultural || N/A (cellist with financial networks) || Yes (EU, UK) || Childhood friend of [[Vladimir Putin]]; Panama Papers and laundromat investigations || <ref name="ICIJList" />
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|-
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| [[Suleiman Kerimov]] || Billions || Russian (Dagestani) || Gold and mining || [[Polyus Gold]] || Yes (EU, US, UK) || Gold tycoon; offshore transfers documented || <ref name="ICIJList" />
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|-
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| [[Vasily Anisimov]] || - || - || - || - || - || - || <ref name="UnsanctionedForbes" />
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|-
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| [[Viktor Kharitonin]] || - || - || - || - || - || - || <ref name="UnsanctionedForbes" />
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|-
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| [[Viktor Vekselberg]] || Billions || Jewish || Aluminium and technology || [[Renova Group]] || Yes || Jewish background noted || <ref name="JewishCurrents" />
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|-
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| [[Vladimir Lisin]] || Approximately $20+ billion (recent estimates) || Russian || Steel || [[Novolipetsk Metallurgical Plant]] || Yes (Australia on April 8, 2022) || Major steel producer || <ref name="ForbesBillionaires2026" /><ref name="UnsanctionedForbes" />
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|-
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| [[Vladimir Potanin]] || $29.7 billion (2026) || Russian || Metals and mining || [[Norilsk Nickel]], [[Interros]] || Yes (Canada on April 4, 2022; U.K. on June 29, 2022; U.S. on December 15, 2022) || Longstanding oligarch with major political influence || <ref name="ForbesBillionaires2026" /><ref name="UnsanctionedForbes" />
 +
|-
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| [[Vladimir Yevtushenkov]] || - || - || - || - || Yes (Australia on April 8, 2022; U.K. on April 13, 2022) || - || <ref name="UnsanctionedForbes" />
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|-
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| [[Zarakh Iliev]] || - || - || - || - || Yes (U.K. on September 26, 2022) || - || <ref name="UnsanctionedForbes" />
 
|}
 
|}
  

Revision as of 08:26, 10 June 2026

Informal term for wealthy Russian businessmen who gained significant economic and political power through 1990s privatisation of state assets

Russian oligarchs
Type Informal economic and political elite
Logo
Founded
Founder(s)
Dissolved
Registration ID
Status
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Location
Area served
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Remarks


Russian oligarchs is the term commonly applied to a small group of Russian businessmen who acquired substantial wealth and influence by obtaining controlling interests in major state-owned enterprises during the rapid privatisation of the 1990s following the collapse of the Soviet Union.[1] The process transferred valuable assets in sectors such as oil, metals, banking and media into private hands, often at undervalued prices, leading to extreme concentration of wealth.[2]

This development occurred under President Boris Yeltsin and contributed to widespread economic hardship, including mass pauperisation, falling real wages and increased inequality across Russia.[1] Many of the most prominent figures established close ties with the political establishment, later consolidating their positions under President Vladimir Putin.[2]

A number of leading oligarchs have Jewish or half-Jewish heritage, a fact highlighted in analyses of the 1990s privatisation era amid rising antisemitism and social tensions.[1] Academic examinations of nearly three hundred first-wave postcommunist business elites have distinguished between those with prior nomenklatura connections and outsiders who succeeded in newly liberalised sectors.[3]

Western governments have imposed sanctions on numerous oligarchs and their associated entities, particularly since 2014 and following the 2022 invasion of Ukraine, targeting those deemed to benefit from or support the Russian government.[4] International investigations have revealed extensive use of offshore structures to hold and move wealth.[2]

Forbes reported a record 155 Russian billionaires in 2026 with combined wealth of approximately $696.5 billion, although detailed public profiles with all requested fields (wealth, ethnic or religious background, sector, firms, sanctions status and notes) exist for only a limited number of prominent individuals.[5] No single verified source provides a comprehensive list of exactly 300 oligarchs meeting every criterion; the term remains informal and data on ethnicity or religion is not systematically recorded for all figures.

History and context

The privatisation programme of the early 1990s, often described as "loans-for-shares", enabled a small number of well-connected individuals to gain control of strategic industries at low cost.[1] This created a new class of super-wealthy business leaders whose fortunes were intertwined with political power. Many later faced scrutiny or legal action, with some reaching accommodations with the authorities to retain their assets.[2]

Sanctions and scrutiny

The United Kingdom maintains an official sanctions list that includes hundreds of Russian individuals and entities designated for involvement in destabilising Ukraine or benefiting from the Russian government.[4] Parallel measures have been enacted by the United States and European Union. Investigations by the International Consortium of Investigative Journalists have documented how many oligarchs and their networks utilised offshore jurisdictions to obscure ownership and wealth.[2]

Prominent figures

The table below presents prominent examples drawn from the specified sources. All names appear in square brackets. Wealth figures are approximate and drawn from 2026 reporting; ethnic or religious background is noted only where explicitly referenced in source material. Sanctions status reflects designations by Western authorities as of the latest available data. The table is collapsible for readability.


Prominent Russian oligarchs (examples from cited sources; comprehensive list of 300 with all fields not available in single verified source)
Name Estimated wealth (USD, approx.) Ethnic/religious background Primary industrial sector Main firms Sanctioned by the West? Notes of interest Key sources
Alexei Mordashov $37–39 billion (2026) Russian Steel and metals Severgroup, Severstal Yes (EU and others) Russia's richest per 2026 rankings; featured in offshore investigations [5][2]
Vladimir Potanin $29.7 billion (2026) Russian Metals and mining Norilsk Nickel, Interros Yes Longstanding oligarch with major political influence [5]
Vagit Alekperov $29.5 billion (2026) Russian/Azerbaijani Oil Lukoil Targeted in broader sanctions lists Former head of major oil company [5]
Leonid Mikhelson $28.3 billion (2026) Jewish Natural gas Novatek Yes (EU, US, UK) Jewish background noted; matches descriptions of Novatek leadership in investigations [5][1][2]
Mikhail Fridman Billions (pre-2022 estimates) Jewish Banking and finance Alfa Group, Alfa Bank Yes (EU, UK) Co-founder; featured in offshore wealth investigations [1][2]
Roman Abramovich Billions (pre-sanctions estimates) Jewish Diversified (oil, metals, sports) Former Sibneft; former owner of Chelsea FC Yes Jewish; prominent investor with high-profile assets [1]
Oleg Deripaska Billions Russian/born into a Jewish family Aluminium and industry Rusal, Basic Element Yes (US, UK) Featured in financial investigations and sanctions coverage [2]
Gennady Timchenko Billions Russian Oil trading and energy Gunvor (former ties); Novatek stakes Yes (EU, US, UK) Oil magnate; multiple investigations [2]
Suleiman Kerimov Billions Russian (Dagestani) Gold and mining Polyus Gold Yes (EU, US, UK) Gold tycoon; offshore transfers documented [2]
Sergei Chemezov Billions Russian Defence and industry Rostec Yes (EU, US, UK) Close associate; defence sector focus [2]
Mikhail Khodorkovsky Billions (former peak) Half-Jewish (paternal side) Oil (former) Former Yukos No (exiled; earlier measures lifted after pardon) Imprisoned 2005–2013; later pardoned [1]
Boris Berezovsky Billions (peak) Jewish Media and finance Former control of ORT television N/A (deceased 2013) Jewish; influential in 1990s media [1]
Viktor Vekselberg Billions Jewish Aluminium and technology Renova Group Yes Jewish background noted [1]
Alexander Abramov Billions Jewish Steel Evraz Targeted Jewish; steel magnate [1]
Konstantin Ernst Significant Russian Media Channel One Russia Yes (EU, UK, Canada) CEO; offshore cinema deals documented [2]
Sergey Roldugin Significant (via networks) Russian Music and cultural N/A (cellist with financial networks) Yes (EU, UK) Childhood friend of Vladimir Putin; Panama Papers and laundromat investigations [2]
Petr Aven Billions Russian Banking Alfa Group Yes (EU, UK) Co-founder; offshore wealth featured [2]
Arkady Rotenberg Billions Russian Construction and infrastructure Various bridge and sports projects Yes Likely matches unnamed childhood friend entries; sanctioned [2]
Boris Rotenberg Billions Russian Construction Similar network to brother Yes Brother of Arkady Rotenberg; sanctioned [2]
Vladimir Lisin Approximately $20+ billion (recent estimates) Russian Steel Novolipetsk Metallurgical Plant Targeted in sanctions lists Major steel producer [5]
Andrey Guryev Billions Russian Fertilisers PhosAgro Yes Fertiliser magnate
Dmitry Pumpyansky Billions Russian Steel and pipes TMK Yes Mentioned in sanctions-related cases
Yuri Kovalchuk Significant Russian Banking and media Rossiya Bank, National Media Group Yes Associate with bank ties to inner circle
Igor Sechin Significant (state-linked) Russian Oil Rosneft Yes Often included in oligarch discussions; state oil leadership
Prominent Russian oligarchs (merged list including all from previous sources and the 45 from Forbes unsanctioned list; sanctions notes parsed from source where provided)[6]
Name Estimated wealth (USD, approx.) Ethnic/religious background Primary industrial sector Main firms Sanctioned by the West? Notes of interest Key sources
Airat Shaimiev - - - - Yes (U.K. on November 2, 2022) - [6]
Albert Shigaboutdinov - - - - Yes (U.K. on November 2, 2022) - [6]
Alexander Abramov Billions Jewish Steel Evraz Yes (Australia on April 7, 2022; U.K. on November 2, 2022) - [1][6]
Alexander Frolov - - - - Yes (U.K. on November 2, 2022) - [6]
Alexander Mamut - - - - - - [6]
Alexander Nesis - - - - - - [6]
Alexander Skorobogatko - - - - - - [6]
Alexei Mordashov $37–39 billion (2026) Russian Steel and metals Severgroup, Severstal Yes (EU and others) Russia's richest per 2026 rankings; featured in offshore investigations [5][2]
Alexey Repik - - - - - - [6]
Anatoly Lomakin - - - - - - [6]
Andrei Bokarev - - - - Yes (Australia on April 8, 2022; U.K. on April 13, 2022) - [6]
Andrei Komarov - - - - - - [6]
Andrei Kozitsyn - - - - Yes (Canada on May 27, 2022; EU on July 22, 2022) - [6]
Andrei Rappoport - - - - - - [6]
Andrey Guryev Billions Russian Fertilisers PhosAgro Yes Fertiliser magnate
Arkady Rotenberg Billions Russian Construction and infrastructure Various bridge and sports projects Yes Likely matches unnamed childhood friend entries; sanctioned [2]
Boris Berezovsky Billions (peak) Jewish Media and finance Former control of ORT television N/A (deceased 2013) Jewish; influential in 1990s media [1]
Boris Rotenberg Billions Russian Construction Similar network to brother Yes Brother of Arkady Rotenberg; sanctioned [2]
Dmitry Kamenshchik - - - - - - [6]
Dmitry Pumpyansky Billions Russian Steel and pipes TMK Yes Mentioned in sanctions-related cases
Dmitry Rybolovlev - - - - - - [6]
Elena Baturina - - - - - - [6]
Egor Kulkov - - - - - - [6]
Gavril Yushvaev - - - - - - [6]
Gleb Fetisov - - - - - - [6]
God Nisanov - - - - Yes (U.S. on June 2, 2022; U.K. on September 26, 2022; New Zealand on October 12, 2022) - [6]
Igor Altushkin - - - - - - [6]
Igor Makarov - - - - Yes (Australia on April 7, 2022; Canada on April 19, 2022; U.K. on September 26, 2022) - [6]
Igor Sechin Significant (state-linked) Russian Oil Rosneft Yes Often included in oligarch discussions; state oil leadership
Igor Yusufov - - - - - - [6]
Iskander Makhmudov - - - - Yes (U.K. on September 26, 2022; New Zealand on November 22, 2022) - [6]
Ivan Savvidis - - - - - - [6]
Konstantin Ernst Significant Russian Media Channel One Russia Yes (EU, UK, Canada) CEO; offshore cinema deals documented [2]
Leonid Fedun - - - - - - [6]
Leonid Mikhelson $28.3 billion (2026) Jewish Natural gas Novatek Yes (Canada on April 6, 2022; Australia on April 7, 2022; U.K. on April 8, 2022; New Zealand on October 12, 2022) Jewish background noted; matches descriptions of Novatek leadership in investigations [5][1][2][6]
Megdet Rahimkulov & family - - - - - - [6]
Mikhail Fridman Billions (pre-2022 estimates) Jewish Banking and finance Alfa Group, Alfa Bank Yes (EU, UK) Co-founder; featured in offshore wealth investigations [1][2]
Mikhail Khodorkovsky Billions (former peak) Half-Jewish (paternal side) Oil (former) Former Yukos No (exiled; earlier measures lifted after pardon) Imprisoned 2005–2013; later pardoned [1]
Mikhail Prokhorov - - - - - - [6]
Mikhail Shelkov - - - - - - [6]
Nikolai Buinov - - - - - - [6]
Oleg Boyko - - - - Yes (Australia on April 7, 2022; Canada on April 19, 2022) - [6]
Oleg Deripaska Billions Russian Aluminium and industry Rusal, Basic Element Yes (US, UK) Featured in financial investigations and sanctions coverage [2]
Petr Aven Billions Russian Banking Alfa Group Yes (EU, UK) Co-founder; offshore wealth featured [2]
Pyotr Kondrashev - - - - - - [6]
Radik Shaimiev - - - - - - [6]
Roman Abramovich Billions (pre-sanctions estimates) Jewish Diversified (oil, metals, sports) Former Sibneft; former owner of Chelsea FC Yes Jewish; prominent investor with high-profile assets [1]
Rustem Sulteev - - - - - - [6]
Samvel Karapetyan - - - - - - [6]
Sergei Chemezov Billions Russian Defence and industry Rostec Yes (EU, US, UK) Close associate; defence sector focus [2]
Sergei Gordeev - - - - - - [6]
Sergei Popov - - - - - - [6]
Sergey Roldugin Significant (via networks) Russian Music and cultural N/A (cellist with financial networks) Yes (EU, UK) Childhood friend of Vladimir Putin; Panama Papers and laundromat investigations [2]
Suleiman Kerimov Billions Russian (Dagestani) Gold and mining Polyus Gold Yes (EU, US, UK) Gold tycoon; offshore transfers documented [2]
Vasily Anisimov - - - - - - [6]
Viktor Kharitonin - - - - - - [6]
Viktor Vekselberg Billions Jewish Aluminium and technology Renova Group Yes Jewish background noted [1]
Vladimir Lisin Approximately $20+ billion (recent estimates) Russian Steel Novolipetsk Metallurgical Plant Yes (Australia on April 8, 2022) Major steel producer [5][6]
Vladimir Potanin $29.7 billion (2026) Russian Metals and mining Norilsk Nickel, Interros Yes (Canada on April 4, 2022; U.K. on June 29, 2022; U.S. on December 15, 2022) Longstanding oligarch with major political influence [5][6]
Vladimir Yevtushenkov - - - - Yes (Australia on April 8, 2022; U.K. on April 13, 2022) - [6]
Zarakh Iliev - - - - Yes (U.K. on September 26, 2022) - [6]

See also

External links

Notes