The net worth loss of Alexey Mordashov, the chairman of the Russian steel and mining company Severstal, neared 16 billion U.S. dollars, making him top the list of Russian billionaires with highest losses in 2022. Vagit Alekperov, the former president of the oil company Lukoil, ranked second. As of April 2022, Russia's billionaires who witnessed most significant shrinkage to their personal fortunes lost a combined 109 billion U.S. dollars as a result of economic and financial sanctions imposed on Russia over its invasion of Ukraine.
Billionaires who sustained highest losses due to economic and financial sanctions in Russia in 2022 compared to 2021
(in billion U.S. dollars)
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Forbes. (April 21, 2022). Billionaires who sustained highest losses due to economic and financial sanctions in Russia in 2022 compared to 2021 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1303885/russian-billionaires-wealth-decline/
Forbes. "Billionaires who sustained highest losses due to economic and financial sanctions in Russia in 2022 compared to 2021 (in billion U.S. dollars)." Chart. April 21, 2022. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1303885/russian-billionaires-wealth-decline/
Forbes. (2022). Billionaires who sustained highest losses due to economic and financial sanctions in Russia in 2022 compared to 2021 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1303885/russian-billionaires-wealth-decline/
Forbes. "Billionaires Who Sustained Highest Losses Due to Economic and Financial Sanctions in Russia in 2022 Compared to 2021 (in Billion U.S. Dollars)." Statista, Statista Inc., 21 Apr 2022, https://www.statista.com/statistics/1303885/russian-billionaires-wealth-decline/
Forbes, Billionaires who sustained highest losses due to economic and financial sanctions in Russia in 2022 compared to 2021 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1303885/russian-billionaires-wealth-decline/ (last visited December 22, 2024)
Billionaires who sustained highest losses due to economic and financial sanctions in Russia in 2022 compared to 2021 (in billion U.S. dollars) [Graph], Forbes, April 21, 2022. [Online]. Available: https://www.statista.com/statistics/1303885/russian-billionaires-wealth-decline/
