List of wealthiest people in the oil industry published by Oil and Gas IQ

A list of the 10 wealthiest people in the oil industry has been published by Oil and Gas IQ, states a recent article published by

The list features some of the world’s richest people, including one Norwegian, John Fredriksen. As part of the list, one nominee owns the world’s most expensive house, and another owns the world’s largest collection of Fabergé eggs.

Here is the complete list according to Oil and Gas IQ. Within this list, each businessman’s worth is converted from U.S dollar to Norwegian Kroner:

1. Mukesh Ambani (57), worth 150 billion

Ambani is the richest man in India, and owns what is said to be the world’s most expensive house; a 27-storey house in Mumbai valued at six billion.

2. Leonard Blavatnik (56), worth 123 billion

Blavatnik built up the direct investment funds company, Renova Investments, alongside Viktor Vekselberg, who is also on Oil and Gas IQ’slist. Blavatnik has a stake in various interests, including Warner Music, which he bought for 20 billion dollars.

3. Gina Rinehart (60), worth 108 billion

Gina Rinehart is one of the richest people in Australia, and Oil and Gas IQ states that she was one of the first people to be worth over 600 billion. Rinehart has invested in Ten Network Holdings and Fairfax Media, and runs a 44 billion development of the world’s largest iron ore mines.

4. Mikhail Fridman (50), worth 107 billion. 

Fridman is the chairman of the board of TNK-BP and Alfa Group as well as a board member of the world’s sixth largest mobile phone operator, Vimpelcom.
5. Viktor Vekselberg (57), worth 106 billion.

Vekselberg owns Russian Renova Group, the company he built up along with other men on this list including Leonard Blavatnik.

In 2004, bought nine Fabergé eggs in 2004, adding to his collect of Fabergé eggs, making it the world’s largest collection in the world.

6. Harold Hamm (68), worth 106 billion

Hamm is an American and CEO of Continental, and plays a big role in the Bakken shale oil project in Montana and North Dakota, which currently produces 150,000 barrels of oil each day.

7. Mohammed Al Amoudi (67), worth 93 billion

Al Amoudi began his career with real estate projects in Saudi Arabia, but later began investing in oil refineries in Sweden, Ethiopia and Morocco. He is also involved in energy production off the coast of West Africa.

He owns the two companies Corral Petroleum Holdings and Midroc and has a 70 percent stake in National Oil Ethiopia. Together, these companies employ 40,000 people.

8. Leonid Mikhelson (58), worth 86 billion

Russian Mikhelson is the largest shareholder of natural gas producer Novatek and also has interests in chemicals company Sibur. Mikhelson is the main sponsor of the Russian Football Federation, and is also trying to establish a partnership with the NBA, in order to help popularise basketball in Russia.

9. John Fredriksen (69), worth 85 billion

In ninth place is the Norway’s own John Fredriksen; he’s Norwegian by birth, but holds a Cypriot passport and lives in London. He is the world’s largest tanker owner with his Frontline, which has 70 ships in its fleet.

10. Gennady Timchenko (61), worth 85 billion

Gennady Timchenko is the owner of the investment group, Volga Group, and interests in gas, transportation and construction.

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