Vladimir Potanin[table border=”0″]Net Worth, $17.8 Billion,,,
Source of Wealth, Chairman of Interros,,,
Vladimir Potanin’s net worth ranks him fourth among Russia’s billionaires. Until recently a longtime business partner with fellow billionaire Mikhail Prokhorov, Potanin is most famous for his involvement in the Russia loans-for-shares program in the mid-1990s. It was primarily through this program the Potanin and others achieved their current status as Russian oligarchs, many of them also on the List of Billionaires.
As a leader of the proposal for the program, Potanin helped create a way to fund the Russian government’s fiscal deficit through a system of auctions in which shares in state-run businesses, such as natural gas and refining operations, were leased to private investors.
While the program incited some controversy over potential favoritism shown to certain buyers, in 2003, Potanin became the head of the National Council on Corporate Governance, a group with a mission to improve Russian legislation and Russian corporate ethical standards.
An avid fan of the art world, Potanin has been a member of the Board of Trustees of the Solomon R. Guggenheim Foundation since late 2001. He is married to Natalia Potanina; they have three children.