10 billionaires fail to make Russian rich list

ONE billion dollars is no longer enough to gain entry to Russia’s rich list.

Ten billionaires failed to make Forbes magazine’s annual list of the 100 richest Russians that is led by those who built their fortunes on the country’s metals resources.

Oleg Deripaska, who controls aluminum producer United Company RUSAL among a host of infrastructure, energy and financial assets, tops the latest Forbes list with a fortune of $28.6bn (€18.2bn) — $11.8bn (€7.5bn) more than he was worth last year.