Former Lukoil President Vagit Alekperov and Russian President Vladimir Putin.
Former Lukoil President Vagit Alekperov, who pocketed the most dividends from January 2023 to March 2024, and Russian President Vladimir Putin.
  • Russia's economy is boosting wealth for of oligarchs, some of whom are sanctioned.
  • A dozen Russian tycoons pocketed $11.4 billion in dividends for all of 2023 up until the first quarter of 2024.
  • The payouts illustrate how Russia's biggest companies are still raking it in despite the West's isolation of its economy.

Russia's wartime economy has not only made some poor people better off — some of Russia's oligarchs are getting richer, too.