FX.co ★ Top 5 wealthiest families in Russia

Rotenbergs, $5.45 billion

Family members include Arkady Rotenberg, Boris Rotenberg, Igor Rotenberg, and Lilia Rotenberg. Six years ago, the dynasty topped the rating. Nevertheless, a lot has changed in the family business since that time. Previously, the bulk of the family's fortune was provided by Stroygazmontazh which regularly received contracts from Gazprom. However, in 2019, Gazprom bought out the construction firm from Arkady Rotenberg for 75 billion rubles. Since then, the family’s income has mainly been derived from another company - Mostotrest, which also wins important contracts, including those from the government. Thus, Mostotrest built most of the Kerch Bridge. In addition, in 2019, the Rotenbergs founded one of the largest corporations in the civil engineering sector - Natsstroyproekt. Brothers Arkady and Boris Rotenberg are considered friends of the Russian president. Interestingly, they are subject to American and European sanctions.

Guryevs, $5.1 billion

Family members include Andrey Guryev, Evgenia Guryeva, Andrey Guryev Jr., and Yulia Guryeva-Motlokhova. Entering the list of the richest families in Russia for the first time, the Guryevs immediately took second place. Their main source of income comes from PhosAgro, a chemical holding company producing fertilizers. The company was established in 2000 as part of infamous Group Menatep, owned by Mikhail Khodorkovsky. Back then, Guryev Sr. was engaged solely in direct investments. In 2005, after the Yukos Oil Company scandal, he bought out PhosAgro’s shares and became its sole proprietor. The company has held an IPO since 2011. Almost all members of the Guriev family take an active part in business occupying executive positions. They hold shares through a family trust. At the same time, the family’s value is growing steadily. It now amounts to about $2.2 million.

Gutserievs, $3.2 billion

Family members include Mikhail Gutseriev, Sait-Salam Gutseriev, and Said Gutseriev. The clan's enormous fortune comes from the oil, coal, and real estate businesses. The dynasty is the owner of SAFMAR Group which is part of Russneft. For the first time in the past five years, the family business has stopped generating huge profit. Due to a global decline in the cost of crude oil and the coronavirus pandemic, the crisis has also hit the well-known family. Thus, its hotel business has no longer been providing income. Interestingly, the head of the family transformed all the hotels to accommodate coronavirus patients and covered all the costs in four of them. In the meantime, things in the clan's business are not going very well: the only company that has shown a slight increase in stock quotes is M.video.

Shaimievs ($2.85 billion)

Family members include Ayrat Shaimiev, Radik Shaimiev, and Timur Shaimiev. Ayrat and Radik Shaimiev are the sons of the first president of Tatarstan, Mintimer Shaimiev. Today they are considered the richest businessmen in the republic. The brothers are engaged in oil and petrochemical businesses. Each brother owns a 19.5% stake of the TAIF group shares, which was established by the government of the Tatarstan Republic back in 1995 during the privatization process of large enterprises in the region. Today, the group also includes TAIF-NK, the network of gas stations, Nizhnekamskneftekhim and Kazanorgsintez petrochemical companies, as well as TGK-16 corporation. Almost all family members are actively involved in business.

Yevtushenkovs, $2.3 billion

Family members include Vladimir Yevtushenkov and Felix Yevtushenkov. The list of business fields the family is engaged in is striking: telecommunications, real estate, agricultural business, medicine, and goods for children. Apart from that, Felix Yevtushenkov, a son of billionaire Vladimir Yevtushenkov, has been holding leading positions in AFK Sistema for more than twenty years. The head of the family has repeatedly noted in his interviews that he is not used to advice from outside and makes decisions regarding his business and life solely from his own motives and desires. At the moment, Felix Yevtushenkov privately owns 5% of shares in AFK Sistema that he received from his father.