Forbes Russia magazine has issued its ranking of the 200 richest entrepreneurs in the country.

And there are seven Armenians on this list: Samvel Karapetyan is in 29th place, Sergey Galitsky is 32nd, Andrey Andreev (Ohanjanyan) is 44th, Ruben Vardanyan is 103rd, Nikolai Sarkisov is 134th, his older brother Sergei Sarkisov is 135th, and Albert Avdolyan is 146th.

Leonid Mikhelson is in first place, with a net worth of $24 billion.

As per Forbes Russia, the total net worth of the top 200 richest Russians makes $496 billion.