Igor Rotenberg Rejoins Forbes List of Billionaires

Entrepreneur Igor Rotenberg has re-entered Forbes magazine’s list of billionaires. His net worth is believed to be $1.1 billion at this time, TASS reports.

In 2019, Arkady Rotenberg’s fortune was estimated at $850 million. His son, who earned profits from the drilling business Gazprom Burenie, was able to enhance that fortune.

In 2018, Forbes included the entrepreneur on its list of dollar billionaires for the first time. His fortune was valued at $1.1 billion at the time.

Following his inclusion on the sanctions list, Rotenberg transferred to his sister Lilia a third of the development business TPS Real Estate, causing his fortune to plummet.