The founder of UGMK became almost $5 billion richer.
The founder of the Ural Mining and Metallurgical Company (UMMC), Iskander Makhmudov, grew his wealth by $4.75 billion in 2025. Data on the fortunes of Russian businessmen are published by the Bloomberg Billionaires Index.
According to the international ranking, Makhmudov showed one of the most significant increases in net worth in 2025 among Russian billionaires. His capital rose by $4.75 billion, reaching $7.88 billion.
"This result makes him second in the country in terms of dynamics after Alisher Usmanov (a shareholder of Metalloinvest, +$6.04 billion)," Ura.Ru writes, citing Bloomberg.
Pavel Durov also showed a significant rise in capital, adding $3.38 billion over the year. His fortune is estimated at $14.4 billion. Meanwhile, the fortune of Tatyana Kim, founder of Wildberries, increased by $515 million, reaching $7.89 billion.
Earlier we reported that four Ural billionaires were included in the new Forbes ranking.
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The founder of UGMK became almost $5 billion richer.
Iskander Makhmudov, founder of the Ural Mining and Metallurgical Company (UMMC), became $4.75 billion richer in 2025. The Bloomberg Billionaires Index publishes data on the net worth of Russian businessmen. According to the international ranking, Makhmudov showed one of the most significant increases in net worth in 2025 among Russian billionaires. His wealth increased by $4.75 billion, reaching $7.88 billion. "This result makes him second in the country in terms of growth after Alisher Usmanov (a shareholder in Metalloinvest, +$6.04 billion)," Ura.Ru writes, citing Bloomberg. Pavel Durov also showed a significant increase in capital, adding $3.38 billion over the year. His net worth is estimated at $14.4 billion. Meanwhile, the net worth of Tatyana Kim, founder of Wildberries, increased by $515 million, reaching $7.89 billion.