Skip To Content
JEWISH. INDEPENDENT. NONPROFIT.
Breaking News

Quarter of Russia’s 200 Top Billionaires Are Jews

A member of Russia’s Human Rights Council condemned a news website that said that nearly a quarter of Russia’s top billionaires are Jews.

Nikolai Svanidze of the council – a Kremlin-affiliated body with no executive powers –- made the condemnation last week against Lenta.ru, which analyzed according to faith and ethnicity the Forbes Magazine list for 2014 of people Forbes identified as Russia’s wealthiest.

The Lenta.ru study claimed that 48 of the 200 richest Russians were Jews, who own a total capital of $122.3 billion. Ukrainians also owned an outsized share of Russia’s private capital, the publication claimed.

“It’s a Nazi and racist approach,” Svandiza was quoted as saying by the Slon.ru news site.

But Yuri Kanner, president of the Russian Jewish Congress, defended the decision to publish the study.

“If you cannot compare the proportion of representatives of various nationalities in the general ethnic composition of the country, it is impossible to understand who is really successful and who is not,” he told the currsorinfo.co.il news website on Oct. 29.

He said, however, that he doubted the authenticity of the research.

“The proportion of Jews in the population of the Russian Federation is calculated incorrectly. Besides, to compare the Jewish population, which is mainly concentrated in the major cities and has a university degree, with a total mass of Russian citizens, it is not accurate,” Kanner said.

Among the people listed in the Lenta study as Jewish were Mikhail Fridman ($17.6 billion); Viktor Vekselberg ($17.2 billion) and Leonid Michelson.

They did not identify themselves to Lenta as Jewish, the news website said.

I hope you appreciated this article. Before you go, I’d like to ask you to please support the Forward’s award-winning journalism this Passover.

In this age of misinformation, our work is needed like never before. We report on the news that matters most to American Jews, driven by truth, not ideology.

At a time when newsrooms are closing or cutting back, the Forward has removed its paywall. That means for the first time in our 126-year history, Forward journalism is free to everyone, everywhere. With an ongoing war, rising antisemitism, and a flood of disinformation that may affect the upcoming election, we believe that free and open access to Jewish journalism is imperative.

Readers like you make it all possible. Right now, we’re in the middle of our Passover Pledge Drive and we need 500 people to step up and make a gift to sustain our trustworthy, independent journalism.

Make a gift of any size and become a Forward member today. You’ll support our mission to tell the American Jewish story fully and fairly. 

— Rachel Fishman Feddersen, Publisher and CEO

Join our mission to tell the Jewish story fully and fairly.

Our Goal: 500 gifts during our Passover Pledge Drive!

Republish This Story

Please read before republishing

We’re happy to make this story available to republish for free, unless it originated with JTA, Haaretz or another publication (as indicated on the article) and as long as you follow our guidelines. You must credit the Forward, retain our pixel and preserve our canonical link in Google search.  See our full guidelines for more information, and this guide for detail about canonical URLs.

To republish, copy the HTML by clicking on the yellow button to the right; it includes our tracking pixel, all paragraph styles and hyperlinks, the author byline and credit to the Forward. It does not include images; to avoid copyright violations, you must add them manually, following our guidelines. Please email us at [email protected], subject line “republish,” with any questions or to let us know what stories you’re picking up.

We don't support Internet Explorer

Please use Chrome, Safari, Firefox, or Edge to view this site.