Current Richest Man in Russia and Net Worth
As of the most recent Forbes real-time billionaires list, the richest man in Russia is Alisher Usmanov, with an estimated net worth around 18 billion dollars. His ranking among global billionaires reflects his large stakes in metals, mining, and technology assets. The figure is based on public disclosures, stock prices, and Forbes calculations, and it can shift with market moves.
Usmanov's wealth is tied to major holdings in metals and mining, as well as stakes in digital and media companies. He has been a consistent top name on Forbes Russia and global billionaires rankings for years. His assets include significant ownership in Metalloinvest, one of Russia's largest iron ore and steel producers.
Key Companies and Business Structure
Metalloinvest is the core of Usmanov's industrial base, combining iron ore mining, steel production, and related infrastructure. The company operates large mining and processing assets in Russia and supplies raw materials to global steel markets. Another major component of his portfolio is a stake in VK, formerly Mail.ru Group, a leading Russian internet and technology company.
In the technology space, Usmanov has invested in digital platforms, e-commerce, and online services through VK and related entities. He also holds stakes in media, including a major ownership position in the independent news outlet Gazeta.ru and other media assets. These investments are structured through a mix of direct holdings and investment vehicles, with details reported in corporate filings and Forbes profiles.
Rankings, Comparisons, and Recent Changes
On the Forbes global billionaires list, Usmanov usually appears among the top 100 richest individuals in the world. His position is closely watched because it reflects both the scale of Russian wealth and the impact of sanctions, commodity prices, and currency movements on his portfolio. Forbes updates its calculations regularly, and changes in steel and iron ore prices can quickly shift his estimated net worth.
Compared with other Russian billionaires such as Vladimir Potanin and Vladimir Lisin, Usmanov's wealth is concentrated in metals, mining, and tech rather than diversified across banking and logistics. His ranking among the richest man in Russia is sensitive to sanctions, asset freezes, and shifts in the value of Russian companies listed on international exchanges. For the latest figures and methodology, see the Forbes billionaires page and the Metalloinvest corporate overview.