Congress ordered the list to be compiled in response to Russia’s meddling in the 2016 presidential election, asking for “a detailed report on senior political figures and oligarchs in the Russian Federation … and on Russian parastatal entities.”
On Tuesday, it was reported that the list was compiled from open sources, mainly a Forbes article of the 200 richest Russian businessmen.
When asked why the list was of the richest Russian businessmen, and not oligarchs suspected of corruption, the Treasury Department told Business Insider in an email that the “report complies with requirements” of the law, adding that there’s also a classified portion.
Based on the Treasury Department’s list and Forbes’ data on each of the Russians’ current individual wealth, we’ve rounded up the 25 richest Russian oligarchs from the “Putin list:”
25. Andrey Kozitsyn: $US4.8 billion
Kozitsyn leads a copper producing company called Urals Mining and Metals Company, but he also manages agricultural, construction, and telecom companies.
24. Dmitriy Kamenshchik: $US5 billion
Kamenshchik owns Moscow’s Domodedovo Airport. He was briefly held responsible for a 2011 terrorist attack at the airport, and a criminal case was even opened against him, but Russia’s Prosecutor General’s office later dropped the charges.
23. Petr Aven: $US5.3 billion
Aven heads Russia’s second largest private bank, Alfa Bank.
22. Samvel Karapetyan: $US5.3 billion
Karapetyan leads the Tashir Group, which owns multiple shopping centres, hotels, and office complexes.
21. Aleksandr Abramov: $US5.4 billion
Abramov is the chairman of a steel company called Evraz. He also owns a large stake in Norilsk Nickel with his brother Roman Abramovich, who is also on the “Putin list.”
Putin awarded him the Decoration of Beneficence for his charity work in January.
20. Suleyman Kerimov: $US6.2 billion
Kerimov “has made a career of investing in distressed companies,” according to Forbes, and represents Dagistan in Russia’s Federation Council.
19. Mikhail Gutseryev: $US6.4 billion
Gutseryev is the majority shareholder of Safmar Group, which owns Russneft and Neftisa oil companies.
18. Oleg Deripaska: $US6.9 billion
Deripaska owns large stakes in aluminium, power, insurance, and auto companies. He also employed Paul Manafort, who even offered to give him personal briefings about the 2016 presidential election.
17. Leonid Fedun: $US7.1 billion
Fedun is the “right hand man” of Vagit Alekperov, the CEO of oil and gas company Lukoil.
16. Iskander Makhmudov: $US7.2 billion
Makhmudov is the majority owner of Urals Mining and Metals Company, led by Andrey Kozitsyn. Spain filed money laundering charges against him 2009 and later handed the case over to Russian authorities, who eventually dropped the case.
15. Andrei Skoch: $US7.2 billion
Skoch is a partner in the metallurgy company, Metalloinvest conglomerate.
14. Dmitry Rybolovlev: $US7.4 billion
Rybolovlev sold his stake in a potassium company called Uralkali for $US6.5 billion in 2010, and has since bought Trump’s former Palm Beach mansion – Maison de L’Amitie – and the AS Monaco Football Club.
13. Aleksey Kuzmichev: $US7.9 billion
Kuzmichev controls the Alfa Group conglomerate, which owns Alfa Bank, along with other listed oligarchs German Khan and Mikhail Fridman.
12. Viktor Rashnikov: $US9.8 billion
Rashnikov is the majority owner of Magnitogorsk Iron & Steel Works.
11. German Khan: $US10.2 billion
Khan owns the majority of Alfa Group with oligarchs Aleksey Kuzmichev and Mikhail Fridman.
10. Roman Abramovich: $US11.2 billion
Abramovich is the majority owner of the Chelsea Football Club, a steel company Evraz, and Norilsk Nickel.
He also owns the world’s second-largest yacht, which he bought for $US400 million in 2010.
9. Gennadiy Timchenko: $US15.7 billion
Timchenko owns shares in multiple Russian businesses, including a gas company called Novatek and a petrochemical company called Sibur Holding, among others.
He’s also close to Putin, and was sanctioned by the US in 2014 after Russia’s annexation of Crimea.
8. Mikhail Fridman: $US15.7 billion
Fridman owns Alfa Group, along with German Khan and Aleksey Kuzmichev.
7. Alisher Usmanov: $US16 billion
Usmanov owns a large stake in iron and steel company Metalloinvest. He was an early investor in Facebook and owns shares in the Arsenal Football Club, among other companies.
Usmanov also led the state-run Gazprom Investholding from 2000-2014.
6. Vagit Alekperov: $US16.4 billion
Alekperov is the president of Russian oil company Lukoil, which he started in 1991 after acquiring three large oil fields.
5. Andrey Melnichenko: $US16.4 billion
Melnichenko owns majority shares in a fertiliser company called Eurochem and a coal company called SUEK.
4. Vladimir Potanin: $US16.5 billion
Potanin owns 30% of Norilsk Nickel, along with stakes in multiple insurance, media, agriculture, engineering, and oil companies.
3. Leonid Mikhelson: $US18.1 billion
Mikhelson founded and chairs a natural gas company called Novatek, and also chairs a gas processing and petrochemical company called Sibur.
2. Vladimir Lisin: $US19 billion
Lisin owns a majority share of a steel mill company called Novolipetsk, and also controls Universal Cargo Logistics Holding.
1. Aleksey Mordashov: $US19.6 billion
Mordashov owns stake in the world’s largest tourism company, TUI Group, as well as a number of gold mining and engineering firms.
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