MOSCOW, April 17 Alisher Usmanov is Russia's
richest tycoon for the third year in a row, with wealth of $18.6
billion, after selling his stake in the social media website
Facebook, according to the latest report by the U.S.
Usmanov is a co-owner of Russia's largest iron ore miner,
Metalloinvest, and the country's number-two mobile
operator, MegaFon. He also owns stakes in the Russian
internet group Mail.Ru and the British Premier League
football club Arsenal.
His worth rose $1 billion from his previous rating after the
sale of his and his partners' stake in Facebook for $2.5
billion, according to Forbes. here
Mikhail Fridman, the co-owner of Alfa Bank and telecoms
operator Vimpelcom, is still Russia's second-richest
tycoon, worth $17.6 billion, up $1.1 billion. The third richest,
Viktor Vekselberg, who made his money in metals and energy, rose
from fourth place with a worth of $17.2 billion, up $2.1 billion
For the first time in the rating's history,
tycoon-turned-politician Mikhail Prokhorov, who owns the
Brooklyn Nets basketball team and a stake in the world's largest
potash producer, Uralkali, was not included into the
top 10. His wealth fell $2.1 billion to $10.9 billion.
Consumer-oriented businessmen rose on the list, in step with
the growth of Russia's middle class. Entrepreneur Oleg Tinkov,
who founded and owns a majority take in the consumer-credit firm
TCS, climbed 76 places to 75th place after taking his
company public in October 2013. [ID nL1N0JO09G] His wealth was
listed as $1.4 billion.
Arkady Volozh, founder and chief executive of Russia's
largest search engine, Yandex, rose 34 spots to 60th
place after the company's share price doubled. Yandex raised
$1.4 billion in an initial public offering in New York in 2011.
(Reporting by Polina Devitt and Megan Davies; Editing by Larry