economy

March 11, 2026

New billionaire class emerges in Russia

Forbes has recorded seven newcomers from the agriculture and food industry among Russia’s 155 billionaires in its latest world ranking

New billionaire class emerges in Russia

TL;DR

  • Russia added 14 new dollar billionaires in the past year, reaching a record 155 on the Forbes World's Billionaires List.
  • Seven of the new Russian billionaires made their fortunes in agriculture and food production.
  • The combined wealth of Russian billionaires stands at $696.5 billion, an all-time high.
  • Newcomers from the food industry include Aleksandr Tkachev of Agrocomplex and Vadim Vikulov of Aston.
  • Vadim Moshkovich of Rusagro is the wealthiest agro-billionaire.
  • Traditional industrialists like Alexey Mordashov, Vladimir Potanin, and Vagit Alekperov still dominate the top ranks.
  • New billionaires also emerged from fertilizer, coal, energy, pharmaceuticals, and real estate sectors.

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