Forbes 2024 Richest Women in Russia: Bakalchuk Tops List Amid Shifts in Global Wealth

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Tatyana Bakalchuk, the founder and CEO of Wildberries, topped the list of Forbes 20 richest women in Russia for the third year running in 2024.

Her estimated net worth for 2024 stands at 5.5 billion dollars. She sits just behind the second place holder, Tatyana Litvinenko, who holds a fortune of 2.45 billion dollars. In May 2022, Litvinenko acquired a 20.6 percent stake in Phosagro from her husband, Vladimir Litvinenko, a move that reinforced her position among Russia’s wealthiest figures.

In third place is Varvara Skoch, daughter of Andrey Skoch, a partner of Alisher Usmanov. Skoch’s wealth this year is about 2.2 billion dollars. In December 2020, she became a shareholder in the USM holding, expanding her influence in the family conglomerate’s portfolio.

Fourth on the list is Elena Baturina, the chief executive of Inteco Management, with a net worth estimated at 1.3 billion dollars. In fifth place is Natalya Lutsenko, who controls half of the Sodruzhestvo group, one of the region’s largest oilseed processors, with a fortune around 1.25 billion dollars.

Earlier in the year, Bernard Arnault, the French entrepreneur who leads the LVMH group, briefly reentered the top echelons of the global wealth rankings. On the global stage, Elon Musk remains the richest person, controlling approximately 239 billion dollars in assets through his ventures Tesla and SpaceX. The top three in the international hierarchy are completed by Jeff Bezos, whose wealth is roughly 199 billion dollars through his leadership at Amazon.

The ongoing narrative of these wealth reports reflects shifts in leadership, industry diversification, and strategic asset moves by high net worth individuals across Europe and North America. Each profile illustrates how private fortunes can rise through a combination of entrepreneurship, strategic investments, and family-linked holdings, while market fluctuations and corporate reorganizations frequently reshape rankings from year to year.

Note: Previous reports about Tatiana Bakalchuk’s personal matters have not driven any public actions or official political or corporate outcomes. As with any high-profile business figure, public interest often extends beyond net worth to leadership decisions, strategic directions, and philanthropic initiatives that accompany wealth accumulation.

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