Latest news with #VagitAlekperov
Yahoo
04-07-2025
- Business
- Yahoo
Russia's richest people raked in record dividends last year
Russia's richest people received record dividends in 2024, according to Forbes Russia. Top earners are from commodity-linked firms, underscoring Russia's status as a resource powerhouse. The top earner was Alexei Mordashov, who received 201.8 billion rubles in dividends from Severstal. Russia's richest people collected record-high dividends in 2024, even as the country's economy showed clear signs of slowing, according to Forbes Russia on Thursday. Total dividend payouts to the 50 wealthiest Russians reached a record 1.769 trillion rubles, or $22.3 billion, according to the publication. That's a sharp increase from each of the previous two years, when less than 1.4 trillion rubles were distributed. The top 10 recipients last year drew their payouts from commodity-linked companies, highlighting the enduring power of oil, gas, and metals in Russia's economy. The top earner was steel magnate Alexei Mordashov and his family. They received 201.8 billion rubles in dividends from Severstal, Russia's third-largest steelmaker. The tycoon did not feature in the dividend ranking last year. Mordashov is the country's second-richest individual, with an estimated fortune of $28.6 billion, according to Forbes Russia. Second on Forbes' dividend list was Vagit Alekperov, who earned 201 billion rubles from a 28% stake in oil giant Lukoil. Alekperov, who topped the dividend list last year with 177.4 billion rubles, is now Russia's richest person, with a net worth of $28.7 billion. Another steel tycoon, Vladimir Lisin, came in third, earning 15.8 billion rubles in dividends from Novolipetsk Steel and the Volga Shipping Company. All three feature on Bloomberg's list of the world's richest people: Alekperov in the 78th slot, Mordashov in 86th place, and Lisin in 88th. While the country's wealthiest individuals enjoyed booming payouts last year, the broader Russian economy appears to be faltering. Russia's manufacturing activity shrank in June at its fastest pace since March 2022, according to S&P Global. Factories shed jobs and cut purchasing activity, and business confidence fell to its lowest level since October 2022. The downturn was driven by falling new orders, sluggish client demand, and a strong ruble, which is hurting export competitiveness. Despite Russia's economic resilience over the past few years, there are signs of a sharp slowdown emerging. Russia's economy minister, Maxim Reshetnikov, warned last month that the country was "on the brink" of a recession. Russia's GDP grew 1.4% in the first quarter of the year from a year ago, according to Rosstat, the country's official statistics service. This is a sharp slowdown from the 4.5% growth it posted in the fourth quarter of last year. In 2024, Russia's economy grew 4.3% for the full year. On Wednesday, Russia's economic development ministry said the country's GDP grew 1.2% in May from a year ago, slowing from a 1.9% growth in April. Read the original article on Business Insider
Yahoo
04-07-2025
- Business
- Yahoo
Russia's richest people raked in record dividends last year
Russia's richest people received record dividends in 2024, according to Forbes Russia. Top earners are from commodity-linked firms, underscoring Russia's status as a resource powerhouse. The top earner was Alexei Mordashov, who received 201.8 billion rubles in dividends from Severstal. Russia's richest people collected record-high dividends in 2024, even as the country's economy showed clear signs of slowing, according to Forbes Russia on Thursday. Total dividend payouts to the 50 wealthiest Russians reached a record 1.769 trillion rubles, or $22.3 billion, according to the publication. That's a sharp increase from each of the previous two years, when less than 1.4 trillion rubles were distributed. The top 10 recipients last year drew their payouts from commodity-linked companies, highlighting the enduring power of oil, gas, and metals in Russia's economy. The top earner was steel magnate Alexei Mordashov and his family. They received 201.8 billion rubles in dividends from Severstal, Russia's third-largest steelmaker. The tycoon did not feature in the dividend ranking last year. Mordashov is the country's second-richest individual, with an estimated fortune of $28.6 billion, according to Forbes Russia. Second on Forbes' dividend list was Vagit Alekperov, who earned 201 billion rubles from a 28% stake in oil giant Lukoil. Alekperov, who topped the dividend list last year with 177.4 billion rubles, is now Russia's richest person, with a net worth of $28.7 billion. Another steel tycoon, Vladimir Lisin, came in third, earning 15.8 billion rubles in dividends from Novolipetsk Steel and the Volga Shipping Company. All three feature on Bloomberg's list of the world's richest people: Alekperov in the 78th slot, Mordashov in 86th place, and Lisin in 88th. While the country's wealthiest individuals enjoyed booming payouts last year, the broader Russian economy appears to be faltering. Russia's manufacturing activity shrank in June at its fastest pace since March 2022, according to S&P Global. Factories shed jobs and cut purchasing activity, and business confidence fell to its lowest level since October 2022. The downturn was driven by falling new orders, sluggish client demand, and a strong ruble, which is hurting export competitiveness. Despite Russia's economic resilience over the past few years, there are signs of a sharp slowdown emerging. Russia's economy minister, Maxim Reshetnikov, warned last month that the country was "on the brink" of a recession. Russia's GDP grew 1.4% in the first quarter of the year from a year ago, according to Rosstat, the country's official statistics service. This is a sharp slowdown from the 4.5% growth it posted in the fourth quarter of last year. In 2024, Russia's economy grew 4.3% for the full year. On Wednesday, Russia's economic development ministry said the country's GDP grew 1.2% in May from a year ago, slowing from a 1.9% growth in April. Read the original article on Business Insider 擷取數據時發生錯誤 登入存取你的投資組合 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤
Yahoo
04-07-2025
- Business
- Yahoo
Russia's richest people raked in record dividends last year
Russia's richest people received record dividends in 2024, according to Forbes Russia. Top earners are from commodity-linked firms, underscoring Russia's status as a resource powerhouse. The top earner was Alexei Mordashov, who received 201.8 billion rubles in dividends from Severstal. Russia's richest people collected record-high dividends in 2024, even as the country's economy showed clear signs of slowing, according to Forbes Russia on Thursday. Total dividend payouts to the 50 wealthiest Russians reached a record 1.769 trillion rubles, or $22.3 billion, according to the publication. That's a sharp increase from each of the previous two years, when less than 1.4 trillion rubles were distributed. The top 10 recipients last year drew their payouts from commodity-linked companies, highlighting the enduring power of oil, gas, and metals in Russia's economy. The top earner was steel magnate Alexei Mordashov and his family. They received 201.8 billion rubles in dividends from Severstal, Russia's third-largest steelmaker. The tycoon did not feature in the dividend ranking last year. Mordashov is the country's second-richest individual, with an estimated fortune of $28.6 billion, according to Forbes Russia. Second on Forbes' dividend list was Vagit Alekperov, who earned 201 billion rubles from a 28% stake in oil giant Lukoil. Alekperov, who topped the dividend list last year with 177.4 billion rubles, is now Russia's richest person, with a net worth of $28.7 billion. Another steel tycoon, Vladimir Lisin, came in third, earning 15.8 billion rubles in dividends from Novolipetsk Steel and the Volga Shipping Company. All three feature on Bloomberg's list of the world's richest people: Alekperov in the 78th slot, Mordashov in 86th place, and Lisin in 88th. While the country's wealthiest individuals enjoyed booming payouts last year, the broader Russian economy appears to be faltering. Russia's manufacturing activity shrank in June at its fastest pace since March 2022, according to S&P Global. Factories shed jobs and cut purchasing activity, and business confidence fell to its lowest level since October 2022. The downturn was driven by falling new orders, sluggish client demand, and a strong ruble, which is hurting export competitiveness. Despite Russia's economic resilience over the past few years, there are signs of a sharp slowdown emerging. Russia's economy minister, Maxim Reshetnikov, warned last month that the country was "on the brink" of a recession. Russia's GDP grew 1.4% in the first quarter of the year from a year ago, according to Rosstat, the country's official statistics service. This is a sharp slowdown from the 4.5% growth it posted in the fourth quarter of last year. In 2024, Russia's economy grew 4.3% for the full year. On Wednesday, Russia's economic development ministry said the country's GDP grew 1.2% in May from a year ago, slowing from a 1.9% growth in April. Read the original article on Business Insider Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Russia Today
02-06-2025
- Business
- Russia Today
Fortunes of Russia's richest grow
The combined net worth of Russia's wealthiest individuals has surged by $28 billion over the past 12 months, according to the updated Bloomberg Billionaires Index. A total of 22 Russian billionaires, collectively worth $317.7 billion, were listed among the world's richest people as of June 2. The Bloomberg Billionaires Index, which ranks the world's 500 richest individuals, is calculated based on the share prices of the companies in which those listed hold equity. The largest jump in wealth was posted by Vladimir Potanin, the owner of mining giant Norilsk Nickel, who remained Russia's richest person on the list, occupying 58th spot globally. The nickel magnate is estimated to have increased his wealth by $3.82 billion in the first five months of the year, to $31.7 billion. Second place is held by Vagit Alekperov, the former boss of Russian energy giant Lukoil, in which he still owns a large chunk of shares. The businessman added $561 million to his wealth this year and is worth an estimated $25.9 billion. Vladimir Lisin, the chairman of NLMK, Russia's largest steelmaker, is ranked third. His net worth declined by $1.62 to $24.2 billion, which saw him slip down one place from Bloomberg's October 2024 listing. The biggest decline in wealth among the richest Russians was registered by the former chairman of fertilizer giant Uralkali, Dmitry Rybolovlev. The net worth of the majority owner and president of Monaco football club declined by $1.77 billion to $9.21 billion. Last year, Rybolovlev, who reportedly has a $2 billion art collection, failed in his attempt to sue top auction house Sotheby's for fraud allegations. Bloomberg's list also included Telegram founder and owner Pavel Durov, as well as Russia's richest woman, Tatyana Kim, the founder and chief executive of the country's largest e-commerce platform, Wildberries. Also listed in the Billionaire Index were the co-owner of gas producer Novatek, Leonid Mikhelson, the chairman of steel giant Severstal, Aleksey Mordashov, and the founder of Eurochem and SUEK, Andrey Melnichenko.
See - Sada Elbalad
20-04-2025
- Business
- See - Sada Elbalad
Russia's Richest Billionaires Fortune Rises to $625.5 Billion
Taarek Refaat Forbes magazine revealed that the wealth of Russia's richest people increased by more than 80%, bringing their combined fortunes to $625.5 billion, representing 146 billionaires, according to its Russian-language list of Russia's Richest People. Vagit Alekperov, the former head of Lukoil, topped the Forbes list for the second year in a row, with a fortune of $28.7 billion. Alekperov resigned from his position as head of Lukoil in 2022 after Britain imposed sanctions on him. Alexei Mordashov ranked second with a fortune of $28.6 billion, moving up from fourth place on last year's list. Forbes reported that 15 completely new billionaires joined the list, most notably Vikram Punia, the Indian-born owner of pharmaceutical company PharmaSynthetics, with a fortune of $2.1 billion. Here is a list of the 10 richest billionaires: 1) Vagit Alekperov - $28.7 billion 2) Alexei Mordashov - $28.6 billion 3) Leonid Mikhelson - $28.4 billion 4) Vladimir Lisin - $26.5 billion 5) Vladimir Potanin - $24.2 billion 6) Gennady Timchenko - $23.2 billion 7) Andrei Melnichenko - $17.4 billion 8) Pavel Durov - $17.1 billion 9) Alisher Usmanov - $16.7 billion 10) Suleiman Kerimov and family - $16.4 billion read more CBE: Deposits in Local Currency Hit EGP 5.25 Trillion Morocco Plans to Spend $1 Billion to Mitigate Drought Effect Gov't Approves Final Version of State Ownership Policy Document Egypt's Economy Expected to Grow 5% by the end of 2022/23- Minister Qatar Agrees to Supply Germany with LNG for 15 Years Business Oil Prices Descend amid Anticipation of Additional US Strategic Petroleum Reserves Business Suez Canal Records $704 Million, Historically Highest Monthly Revenue Business Egypt's Stock Exchange Earns EGP 4.9 Billion on Tuesday Business Wheat delivery season commences on April 15 News Egypt confirms denial of airspace access to US B-52 bombers News Ayat Khaddoura's Final Video Captures Bombardment of Beit Lahia Lifestyle Pistachio and Raspberry Cheesecake Domes Recipe News Australia Fines Telegram $600,000 Over Terrorism, Child Abuse Content Arts & Culture Nicole Kidman and Keith Urban's $4.7M LA Home Burglarized Videos & Features Bouchra Dahlab Crowned Miss Arab World 2025 .. Reem Ganzoury Wins Miss Arab Africa Title (VIDEO) Sports Neymar Announced for Brazil's Preliminary List for 2026 FIFA World Cup Qualifiers News Prime Minister Moustafa Madbouly Inaugurates Two Indian Companies Arts & Culture New Archaeological Discovery from 26th Dynasty Uncovered in Karnak Temple Arts & Culture Arwa Gouda Gets Married (Photos)
