100+ Russian Children to Inherit $1 Billion Apiece

by Jared Paul Stern (RSS feed)
Sep 5th 2008 at 8:02AM

For the very first time in the history of Russia, over 100 children are in line to inherit more than $1 billion each from their ultra-rich oligarch fathers. Russian business magazine Finans has found the number of likely legatees swelled to 112 this year, as compared with 70 last year, the London Telegraph reports.

At the top of the list are the two toddlers belonging to Russia's richest man, Oleg Deripaska, who stand to inherit as much as $20 billion each. The paper notes the list is not terribly scientific, however, as the rankings were arrived at merely by dividing each billionaire's fortune by the number of children he has, without regard to age, primogeniture or other mitigating factors.

Therefore, since Luxist mascot Roman Abramovich (right) has five children, his brood only clocks in at No. 34, with an expectation of $4.6 billion each. Elsewhere on the list, Lukoil owner Vagit Alekperov's son makes No. 2 with $13.5 billion coming to him, and steel tycoon Vladimir Lisin's three children rank at No. 14 with $7.4 billion each. See the gallery for some of Russia's richest dads.

Gallery: Russian Billionaires

Tags: Billionaires, Inheritance, Lukoil, oleg deripaska, OlegDeripaska, Rich kids, RichKids, roman abramovich, RomanAbramovich, Russia, Russian billionaires, RussianBillionaires

Filed under: Wealth

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Reader Comments (Page 1 of 1)

artifex Sep 5th 2008 8:40AM

Definitely flawed list, since each could be married and even have an ex or three. Or could be giving some to their extended families or to charity, etc. Still, it's interesting.