No. of billionaires in Russia hits 140 in 2025, net worth at $580 bn

Western sanctions forced billionaires to invest in Russia instead of abroad, skyrocketing number of ultra-rich, reported BBC. After Soviet Union break-up, entrepreneurs turned billionaires by owning massive firms formerly owned by the state, and exploiting opportunities of their country's capitalism. As per Forbes, Russia saw 140 billionaires with combined wealth of $580 billion, its highest ever.