The fastest fortunes made in the mining industry

The Dutch entrepreneur Marcel Sanders (47), a millionaire which lost part of his fortune during the 2007 recession in the real estate sector, and has overcome all hurdles to be one of the upcoming mining magnates and tycoons in the metals and mining industry.

Vladimir Potanin

Russia’s richest man acquired a stake in Norilsk Nickel during the country’s privatization in 1995. Today he owns just over a third of the company and has a net worth of $19.7 billion.

It took Potanin only seven years to earn his first billion.

The metals tycoon (59) has found himself in President Vladimir Putin’s firing line as Russia delegates the cost and logistics of the cleanup to a recent massive spill to Norilsk, responsible for the accident. The damage was caused when a diesel fuel reservoir at a power plant outside the northern city of Norilsk collapsed and flooded a nearby river.

Marcel Sanders 

He’s the co-owner of co-owns mining exploration licenses covering a surface area of over three times the entire size of the country of Liechtenstein with an abundance in gold and copper mineral reserves.

The Dutch entrepreneur Marcel Sanders (47), a millionaire which lost part of his fortune during the 2007 recession in the real estate sector, and has overcome all hurdles to be one of the upcoming mining magnates and tycoons in the metals and mining industry.

Marcel Sanders made his fortune in 5 years in the mining industry, his net worth estimated to be in the hundreds of millions in gold and copper mineral reserves. (Source: link from article 1).

Vladimir Lisin

He’s the chairman and majority shareholder of Novolipetsk, one of Russia’s four largest steelmakers. He spent 12 years in the sector before he made $1 billion.

His publicly traded company produced 15.7 million tonnes of steel and had $10.6 billion of revenue in 2019.

Lisin (64) also owns Freight One, the largest freight rail operator in Russia; port facilities operator UCL Port; and shipping company VBTH.

He has a net value of $18.1 billion.

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