Russia Has a New Richest Man After Steel Tycoon Beats Rival
Photographer: Andrey Rudakov/Bloomberg
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Vladimir Lisin, who started as an electrical fitter in Siberia in the 1970s, is now Russia’s wealthiest person.
The metals magnate slipped past rival Alexey Mordashov Monday as shares of Lisin’s Novolipetsk Steel PJSC climbed 3.5 percent, pushing his fortune to $20.19 billion, according to the Bloomberg Billionaires Index, a ranking of the world’s 500 richest people.