Mikhail Fridman

Mikhail Fridman

Mikhail Fridman (#176)

Global Rank #176
Country Rank #9
Country Russia

I do not make political statements, I am a businessman with responsibilities to my many thousands of employees in Russia and Ukraine. I am convinced however that war can never be the answer. This crisis will cost lives and damage two nations.

  • $ 16 B
  • Oil, banking, telecom
  • Russia
  • M
  • 62 Years

Snapshot

Quick Facts

Global Rank #176
Country Rank #9
Net Worth $16.4B
Previous Worth $16.4B
Worth Change +$0.0B
Country Russia
Industry Oil, banking, telecom
Age 62 Years
Gender M
Worth As Of May 3, 2026
Residence Moscow, Russia
Citizenship Russia
World Billionaires List Russia Billionaires Oil, banking, telecom

Profile Data

Personal Stats

Age 62
Source Of Wealth Oil, banking, telecom, Self Made
Residence Moscow, Russia
Citizenship Russia
Marital Status Divorced
Children 5
Education Master of Science, Moscow Institute of Steel and Alloys
Net Worth Change +$0.0B +0.0% from previous worth
Previous Net Worth $16.4B
Current Net Worth $16.4B

Worth as of May 3, 2026

About Me

Mikhail Fridman, cofounder of Alfa Bank, Russia's largest non-state bank, was hit with sanctions after Russia invaded Ukraine. Soon after, Fridman (who also has Israeli citizenship) stepped down from his Luxembourg holding company, LetterOne, and reduced his shareholding. Fridman's properties in London, including the $100 million Victorian-era Athlone House estate, have been frozen by the U.K. A Ukraine native, Fridman and his college buddies German Khan and Alexei Kuzmichev started commodities trader Alfa-Eco in 1989. Thanks to Kremlin connections, Fridman and his partners were able to create a joint venture with British Petroleum, TNK-BP, in 2003. In 2013 he got $5.1 billion in cash when the trio and partners sold their TNK-BP stakes for $14 billion In August 2023, Ukraine opened a criminal case against Fridman related to fraud charges stemming from Alfa Bank Ukraine. In December he was put on the international wanted list.

Achievements

Forbes List Highlights

A snapshot of the list placements and rankings connected to Mikhail Fridman.

#175
Billionaires (2026)

Insights

Did You Know?

Fridman filed defamation lawsuits against Buzzfeed and Fusion for reporting that his Alfa Group had a role in Russia's meddling in the U.S. presidential election.

Fridman lived in Western Ukraine until he was 17. Both of his parents are Ukrainian citizens, who live in Lviv, which he called his "favorite city."

Wealth Growth

Net Worth Growth Over Time

Tracking Mikhail Fridman's net worth journey over the years, highlighting key growth phases and financial milestones.

Worth Trend Net Worth Growth
Period Change Worth Movement
Current Net Worth: $16.4B (May 3, 2026)

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