As of 19 March 2024, Vagit Alekperov has a net worth of US$28.6 billion, making him the wealthiest person in the energy industry. Leonid Mikhelson follows in second place with $27.4 billion, Low Tuck Kwong ranks third with $27.3 billion, and Autry Stephens ranks fourth with $24.3 billion.
The fifth and sixth spots on the list are occupied by Gennady Timchenko, whose net worth is $23.4 billion, and Harold Hamm, whose net worth is $18.5 billion. George Kaiser is placed 7th with a net worth of $14.6 billion. Mikhail Fridman ($13.1 billion) occupied the 8th position among the wealthiest people in the energy industry, followed by Jeffery Hildebrand (No. 9) with $12.6 billion and Sarath Ratanavadi (No. 10, $10.6 billion).
Richest Billionaires in Energy Industry, 2024
| RANK | NAME | NET WORTH |
|---|---|---|
| 1 | Vagit Alekperov | $28.6 billion |
| 2 | Leonid Mikhelson & family | $27.4 billion |
| 3 | Low Tuck Kwong | $27.3 billion |
| 4 | Autry Stephens | $24.3 billion |
| 5 | Gennady Timchenko | $23.4 billion |
| 6 | Harold Hamm & family | $18.5 billion |
| 7 | George Kaiser | $14.6 billion |
| 8 | Mikhail Fridman | $13.1 billion |
| 9 | Jeffery Hildebrand | $12.6 billion |
| 10 | Sarath Ratanavadi | $10.6 billion |
| 11 | Carrie Perrodo & family | $9.6 billion |
| 12 | Daniel Kretinsky | $9.4 billion |
| 13 | German Khan | $8.5 billion |
| 14 | Richard Kinder | $8.1 billion |
| 15 | Randa Duncan Williams | $7.8 billion |
| 16 | Dannine Avara | $7.7 billion |
| 17 | Milane Frantz | $7.7 billion |
| 18 | Scott Duncan | $7.7 billion |
| 19 | Ray Lee Hunt | $7.2 billion |
| 20 | Wang Yusuo & family | $7.1 billion |
| 21 | Pei Zhenhua | $7.0 billion |
| 22 | Terrence Pegula | $6.8 billion |
| 23 | Cao Renxian | $6.8 billion |
| 24 | Alexei Kuzmichev | $6.6 billion |
| 25 | Michael Kadoorie | $6.4 billion |
Methodology: The list of the richest people, compiled by CEOWORLD magazine, was created using financial information from various reliable sources such as individuals, families, stock exchanges, private databases, and analysts. Net worth figures are based on both exchange rates and stock prices. The value of private companies was determined using financial ratios and other comparisons with comparable publicly traded companies. In some cases, family fortunes were divided. The editors reserve the right to modify the list in the event of new information.
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