TOP 10 Richest Mining Billionaires in 2020 Forbes

Vladimir Potanin

Nationality: Russia

Age: 59

Worth: $24.1B

Marital status: married

No.41
in 2020 Forbes

Net Worth Over Time:

2011$178 B
2012$145 B
2013$143 B
2014$126 B
2015$154 B
2016$121 B
2017$143 B
2018$159 B
2019$181 B
2020$197 B

A former deputy prime minister of Russia
Chairman of Norilsk Nickel (the biggest nickel producer over the world)
Owning over a third of Norilsk Nickel

Norilsk Nickel mainly produces cobalt, rhodium, silver, gold, iridium, ruthenium, selenium, tellurium, sulfur and other metals, and is involved in the prediction, exploration, mining, refining and mineral smelting of base and precious metals.

Gina Rinehart

Nationality: Australia

Age: 66

Worth: $14.1B

Marital status: widowed

No.85
in 2020 Forbes

Net Worth Over Time:

2011$90 B
2012$180 B
2013$170 B
2014$177 B
2015$123 B
2016$88 B
2017$150 B
2018$174 B
2019$152 B
2020$131 B

The daughter of famous iron-ore explorer Lang Hancock
Australia's richest citizen built her wealth on iron ore
Australia's third-largest cattle producer, with a portfolio of properties across the country

Hancock Prospecting Pty Limited explores and develops mineral resources. The Company extracts iron ore, uranium, zinc, gold, diamonds, and petroleum.

Iris Fontbona & family

Nationality: Chile

Age: 77

Worth: $12.5B

Marital status: widowed

No.124
in 2020 Forbes

Net Worth Over Time:

2011$192 B
2012$178 B
2013$174 B
2014$155 B
2015$135 B
2016$101 B
2017$137 B
2018$163 B
2019$154 B
2020$108 B

The richest woman in Chile
Owning the biggest copper mine over the world
Holding Bank of Chile (the country's second-largest bank)
Possessing Chile's largest beer-making company

Antofagasta plc is a copper mining company. It operates four copper mines in Chile, two of which produce by-products, and has a transport division providing rail and road cargo services in northern Chile predominantly to mining customers, which include the company's own operations.

Viktor Vekselberg

Nationality: Russia

Age: 63

Worth: $ 11.2B

Marital status: married

No.127
in 2020 Forbes

Net Worth Over Time:

2011$130 B
2012$124 B
2013$151 B
2014$172 B
2015$142 B
2016$105 B
2017$124 B
2018$144 B
2019$115 B
2020$105 B

Made his first million selling scrap copper from worn-out cables
Owning UC Rusal (the biggest aluminum enterprise over the world)
Possessing a large art collection, including nine Faberge eggs he bought from the Forbes family for a reported $100 million

RENOVA is an independent renewable energy developer and power producer. It develops, owns, and operates solar PV, biomass, wind, and geothermal power plants.

Wang Wenyin

Nationality: China

Age: 52

Worth: $8.1B

Marital status: married

No.179
in 2020 Forbes

Net Worth Over Time:

2014$42 B
2015$99 B
2016$72 B
2017$140 B
2018$117 B
2019$110 B
2020$79 B

Possessing 4% of the global copper mines and total reserves are nearly 30 million tons
Chairman of Amer International Group Company Limited

Amer International Group Ltd owns more than 20 mines with a total value of more than 141 billion dollars. At present, Amer International Group is one of the largest enterprises with the most complete copper industry chain in the world.

Iskander Makhmudov

Nationality: Russia

Age: 56

Worth: $9.7B

Marital status: married

No.205
in 2020 Forbes

Net Worth Over Time:

2011$99 B
2012$82 B
2013$87 B
2014$61 B
2015$35 B
2016$40 B
2017$65 B
2018$73 B
2019$66 B
2020$72 B

Owning copper enterprise UGMK, which has controlling stakes in more than 300 companies in nine regions of Russia
A shareholder in Transmashholding, Russia's largest maker of locomotives and rail equipment
A minority partner in most of Makhmudov's projects including Transmashholding

UMMC (UGMK) is one of the largest metallurgical holding companies in Russia and the second largest copper producer in Russia and owns more than 40 mining and metallurgical enterprises.

Andrew Forrest

Nationality: Russia

Age: 58

Worth: $8.1B

Marital status: married

No.221
in 2020 Forbes

Net Worth Over Time:

2011$67 B
2012$58 B
2013$57 B
2014$52 B
2015$22 B
2016$13 B
2017$57 B
2018$44 B
2019$54 B
2020$67 B

Started his first mining company, Anaconda Nickel (now called Minara Resources) in 1994
An Australia's biggest philanthropist, and has gifted A$655 million to a variety of causes in 2019
Has farming interests to capitalize on China's growing appetite for meat and dairy products

FMG is an Australian iron ore company and the fourth largest iron ore producer in the world after BHP Billiton, Rio Tinto, and Vale. It has holdings of more than 87,000 km² in the Pilbara region of Western Australia.

Dang Yanbao

Nationality: China

Age: 47

Worth: $6.9B

Marital status: married

No.224
in 2020 Forbes

Net Worth Over Time:

2018$11 B
2019$12 B
2020$66 B

Chairing Ningxia Baofeng Energy Group, a well-known supplier of coal chemical products
A famous philanthropist in China, he has funded more than 100,000 students

Ningxia Baofeng Energy Group Co., Ltd. manufactures and distributes chemical products. And it is engaged in coal mining, coal washing, refined coal coking, coal chemical industry and other green energy recycling industries.

Alberto Bailleres Gonzalez & family

Nationality: Mexico

Age: 88

Worth: $6.4B

Marital status: married

No.237
in 2020 Forbes

Net Worth Over Time:

2011$119 B
2012$165 B
2013$182 B
2014$124 B
2015$104 B
2016$69 B
2017$108 B
2018$107 B
2019$74 B
2020$64 B

Chairman of Industrias Penoles, Mexico's second largest mining company and one of the world's largest silver miners
Controlling department store chain Palacio de Hierro
Managing Grupo Nacional Provincial (one of Mexico largest insurance companies)

Industrias Penoles, S.A.B. de C.V. is a mining group with integrated operations in smelting and refining non-ferrous metals, and producing chemicals. The Company produces refined silver, metallic bismuth, sodium sulfate, gold, lead, and zinc.

Vladimir Kim

Nationality: Kazakhstan

Age: 59

Worth: $3.9B

Marital status: married

No.494
in 2020 Forbes

Net Worth Over Time:

2011$47 B
2012$35 B
2013$23 B
2014$17 B
2015$18 B
2016$15 B
2017$21 B
2018$31 B
2019$45 B
2020$37 B

Obtained academic credentials in civil engineering, economics and business administration before joining mineral firm Kazakhmys in 1995
Possessing a stake in KAZ Minerals and a majority of Kazakhmys Corp
Stepped down as chairman of KAZ Minerals but serves on its board as a non-executive director

KAZ Minerals is a copper company focused on large scale, low cost open pit mining in Kazakhstan, and sells significant quantities of zinc, silver and gold as by-products.

TOP10Richest Mining Billionairesin 2020 Forbes

Vladimir Potanin

Gina Rinehart

Iris Fontbona & family

Viktor Vekselberg

Wang Wenyin

Iskander Makhmudov

Andrew Forrest

Dang Yanbao

Alberto Bailleres Gonzalez & family

Vladimir Kim