Skip to content
Subscriber Only
Business
Pursuits

Richest Russian Alisher Usmanov Aided by Facebook as Billionaire

Alisher Usmanov, the Muscovite who controls the Metalloinvest metals and mining company, trumped steel billionaire Vladimir Lisin as Russia’s richest man through timely bets on tech companies including Facebook Inc.

Usmanov’s personal net worth now totals more than $20 billion, according to the Bloomberg Billionaires Index, pushed up mainly by the value of his stake in Facebook Inc., which is now worth more than $4 billion, based on Bloomberg data. He also owns stakes in Twitter Inc., Groupon Inc. and China’s Alibaba Group Holding Ltd..