Mikhail Fridman (2nd Richest man in Russia)

•  Net Worth: $16.5 B                                                                      
•  Source of Wealth: Oil, Banking and Telecom
•  Citizen: Russia
•  Age: 49

Mikhail Fridman is one of the Richest man in Russia. Mikhail Fridman’s fortune is self-made. Fridman derives his wealth from Alfa Group Consortium which he founded with college friends German Khan and Alexei Kuzmichev. Alfa Group is privately owned by these 3 men who are all rich men of Russia. It is an investment company with stakes in several other companies in Russia. Alfa Group sold its stake in cell operator Megafon to Russia's richest man, Alisher Usmanov. Meanwhile telecom provider VimpelCom, which Alfa controls, bought the telecom holdings of Egyptian billionaire Naguib Sawiris to become the sixth-biggest telecom company in the world. Alfa Group help him to become the Richest man in Russia.