Andrei Melnichenko, who made a fortune in fertilisers, was listed as Russia's richest man by Forbes with an estimated worth of $25.2 billion, more than double what he was estimated to be worth last year.
The net worth of assets of Andrey Melnichenko, the founder of fertilizer producer Eurochem and coal energy company SUEK, exceeded 25.2 billion U.S. dollars, thus making him Russia's richest in 2023.
Zhong Shanshan is the founder and chairman of Nongfu Spring, a Chinese bottled water and beverage company. He founded Beijing Wantai Biological Pharmacy Enterprise, a medical diagnostic and vaccine producer. Shanshan became China's wealthiest person in 2020, surpassing Jack Ma and Pony Ma.
As of April 23, 2023, Andrey Melnichenko was the wealthiest person in Russia, with an estimated net worth of 25.2 billion U.S. dollars, followed by Vladimir Potanin (No. 2, $23.7 billion), Vladimir Lisin (No. 3, $22.1 billion); and Leonid Mikhelson (No. 4, $21.6 billion).
Forbes' real-time data shows that as of June 2023, there are 48 Australian billionaires on the list of the world's richest people.
In 2017, the average Russian citizen was 1.8 times wealthier than in 2000. But despite strong growth, Russia's per capita wealth is still only about a quarter than in OECD countries. From 2000–2017, Russia's per capita wealth grew multiple times faster than that of high-income countries, but from a much lower base.
Thus, the richest countries in the world are those with the highest GDP per capita. Currently, the richest country in the world in terms of GDP per capita is Luxembourg, with a GDP per capita of $135,700. Other wealthy countries include Bermuda, Ireland, and Switzerland, all with GDP per capita above $80,000.
The U.S. makes up 23.93% of the total global economy, says Investopedia. The World Bank Group lists China as the second richest country in the world as of 2021, possessing a GDP of $17.734 trillion along with a GDP per capita of $12,556.3. China makes up 18.45% of the total global economy.
Personal wealth
In 2018 and 2019, her net worth was estimated at $1.2 billion. In 2020, Forbes announced that Baturina's position as the richest woman in Russia was overtaken by Tatyana Bakalchuk, the founder of Wildberries, with a net worth of $1.4 billion.
He is the younger son of Nikolai Shamalov, a co-owner of Rossiya Bank and a close Putin confidant. After marrying Putin's daughter in 2013, Shamalov was offered numerous lucrative and preferential business deals worth billions of dollars. He became Russia's youngest billionaire at the age of 32.
In other words, it was the successful conquest of Siberia that transformed Russia into the largest country in terms of geographical size. Moscow did not encounter any major problems in the conquest and annexation of the eastern territories, and in 1645, the Russians reached the Pacific Ocean.
In the world, the poorest countries are mostly located in Africa and Asia, with Burundi being the poorest country followed by Somalia, Mozambique, Central African Republic, and Madagascar.
Luxembourg, the richest country in Europe
Luxembourg has a per capita GDP of $128,820 (IMF, 2023), making it the wealthiest country in Europe. The country is famous for its strong financial sector. Many international banks and investment firms are based in the capital of Luxembourg.
Miraculously, Ireland jumped from being one of the poorest countries in Europe to one of the richest in only a matter of years. Ireland's first boom was in the late 1990s when investors (including many tech firms) poured in, drawn by the country's favorable tax rates.
New York City came out on top of the world's wealthiest cities list with 340,000 millionaires, ahead of Tokyo with 290,300, and San Francisco's Bay Area with 285,000.
There are 2,755 billionaires in a world with over seven billion people, according to Forbes. But only 14 are Black with eight of them being African Americans.
What are the main parts of Russia's economy? Russia's gross domestic product (GDP) is mainly composed of three sectors: agriculture, industry, and service. Agriculture contributes about 5.6% to GDP, followed by industry and service, which contribute 26.6% and 67.8%, respectively.
The Russian economy is shrinking
It is estimated that in 2022, Russia's gross domestic product (GDP) dropped by 2.1%. Russia's economy may continue to shrink in 2023. Its GDP is forecast to decline by 2.5% in the worst-case scenario (OECD) or by 0.2% according to the World Bank. The IMF expects growth in 2023 (0.7%).
Russia's main exports are: fuels and energy products (63 percent of total shipments, of which crude oil and natural gas accounted for 26 percent and 12 percent respectively); metals (10 percent); machinery and equipment (7.4 percent); chemical products (7.4 percent) and foodstuffs and agricultural products (5 percent).