The net worth loss of Alexey Mordashov, the chairman of the Russian steel and mining company Severstal, neared ** 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 , Russia's billionaires who witnessed most significant shrinkage to their personal fortunes lost a combined *** billion U.S. dollars as a result of economic and financial sanctions imposed on Russia over its invasion of Ukraine.
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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 ÌÇÐÄÆƽâ°æ. Retrieved July 23, 2026, from /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. ÌÇÐÄÆƽâ°æ. Accessed July 23, 2026. /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). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 23, 2026. /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)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 21 Apr 2022, /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) ÌÇÐÄÆƽâ°æ, /statistics/1303885/russian-billionaires-wealth-decline/ (last visited July 23, 2026)
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: /statistics/1303885/russian-billionaires-wealth-decline/
