Get the latest updates as we post them — right on your browser

. Last Updated: 07/27/2016

Abramovich Tops Latest Forbes List

Roman Abramovich held on to his top spot on Forbes Russia's rich list, to be released Thursday, with his fortune edging up 5 percent to $19.2 billion.

But the pack of challengers is closing, with the top 100 Russians increasing their wealth by an average of 36 percent over the last year.

The biggest gainer on the list was banking-to-vodka mogul Rustam Tariko, whose fortune more than doubled to $5.5 billion from last year, Forbes deputy editor Kirill Vishnepolsky said.

Tariko's rise underscored the biggest trend this year -- the move away from petrodollars to wealth based on the country's emerging industries, Vishnepolsky said late Wednesday.

"The economy has stabilized," he said. "The rules of the game are now more or less clear -- don't show off, take on some social responsibilities, strike deals with the right people, and you will be all right." This has helped bring money gleaned in the 1990s back onshore, he added.

Second place went to Russian Aluminum owner Oleg Deripaska with $16.8 billion, a prime example of natural resource wealth flowing back into industries ranging from construction to banking and insurance, Vishnepolsky said.

Novolipetsk steel baron Vladimir Lisin came in third with $15.1 billion.

Vladimir Potanin and Mikhail Prokhorov, who split up their Interros holding, were in tied in fourth and fifth place with $15 billion. Alfa Group's Mikhail Fridman was sixth with $13.5 billion, ahead of Nafta Moskva's Suleiman Kerimov, with $12.8 billion. LUKoil's Vagit Alekperov, Severstal's Alexei Mordashov and TNK-BP's Viktor Vekselberg also made the top 10.