Forbes magazine has published its ranking of Russian billionaires for 2026.
Yeniavaz.com reports that four businessmen of Azerbaijani descent are included on the list of 155 billionaires.
The richest Azerbaijani among the 155 richest people in Russia is Vahid Alekperov. Vahid Alekperov, the owner of LUKOIL, ranks third with a net worth of $29.5 billion.
After Alekperov, the richest billionaires of Azerbaijani descent on the list are God Nisanov and Zarakh Iliev, owners of the Kievskaya Ploshad company. God Nisanov and Zarakh Iliev, ranked 37th and 38th on the list of 155 billionaires, have a net worth of $5.1 billion each. Farhad Akhmedov, ranked 86th on the list, has a combined net worth of $1.7 billion.
As the published data shows, the combined wealth of four billionaires of Azerbaijani descent residing in Russia has reached $41.3 billion.
For reference, the number of billionaires of Armenian descent residing in Russia is the same as the number of billionaires of Azerbaijani descent. For example, the latest Forbes list included four businessmen of Armenian descent. However, their combined wealth is $18.1 billion. The richest Armenian residing in Russia is Albert Avdolyan. Avdolyan, ranked 28th among 155 billionaires, has a net worth of $7.1 billion.