Ten Cypriot citizens feature on the 2024 Forbes list of the world’s billionaires.
Leading the Cypriot pack is Indian-born Vinod Adani, ranked 88th globally with a net worth of US$24.3 billion. Adani, the elder brother of previously world No. 3 Gautam Adani, heads the Adani Group, a sprawling conglomerate with interests in Indian ports, energy, and infrastructure.
Following closely behind is John Fredriksen, a Norwegian-Cypriot citizen, who occupies the 108th position with US$24.3 billion. Fredriksen’s holdings encompass oil tankers, cargo ships, and deepwater drilling operations.
Yakir Gabay (US$3.9 billion), the co-founder of German real estate giant Aroundtown SA, is another prominent Cypriot resident on the list. Joining him are Igor Makarov (US$2.1 billion), the founder of Russia’s first independent gas company, Itera, and Sergey Dmitriev and Valentin Kipyatkov (US$2.9 billion and US$2.1 billion respectively), the co-founders of software company JetBrains. All three hold Cypriot passports.
The Hadji-Ioannou siblings – Stelios (US$1.2 billion), the founder of budget airline easyJet, Polys (US$1.3 billion), who carries on the family’s shipping legacy, and Klelia (US$1.1 billion) – further solidify the Cypriot presence on the ranking. Their wealth stems from easyJet and other investments.
Rounding out the list of Cypriot billionaires is Vladimir Krupchak (US$1.2 billion), a former member of the Russian Duma and a major shareholder in a leading paper and pulp producer.
See the full list here.
Read more:
