Vadim Moshkovich Net Worth

Vadim Moshkovich has an estimated net worth of $1.4 billion, according to Forbes Real-Time Billionaires, Vadim Moshkovich profile (figures as of October 20, 2026). That is down from a peak of $2.9 billion.

Vadim Moshkovich is a Russian businessman known for building Rusagro, a major agro-industrial company. He started in business in the early 1990s, selling apartments, vodka and oil. Later, he moved into agriculture and land. In 1995, he entered the sector through sugar imports. From 1997 to 2003, he bought sugar processing plants, then used that base to launch Rusagro in 2004.

His wealth comes mainly from agriculture, land and real estate development. Rusagro expanded into a large vertically integrated holding, and its main holding company held an IPO on the London Stock Exchange in 2011 that raised about $300 million. Moshkovich also controls Masshtab, a large developer focused on New Moscow. Forbes says his net worth is $1.4 billion on its real-time billionaires tracker as of October 20, 2026.

How Vadim Moshkovich built his fortune

Moshkovich made his first moves in business in the early 1990s by selling apartments, vodka and oil. He then shifted toward agriculture, starting with sugar imports in 1995. From 1997 to 2003, he acquired sugar processing plants and turned that business into a bigger platform. In 2004, he created Rusagro, which became the main company tied to his rise in food production and agricultural assets.

Rusagro is central to his wealth. Forbes ties his fortune to agriculture and land, and places him in the Food & Beverage industry. The company grew into one of Russia’s largest vertically integrated agricultural holdings, and in 2011 its main holding company completed an IPO in London that raised about $300 million. Outside farming, he also built a real estate position through Masshtab, a developer with more than 2,580 hectares in New Moscow.

How the Forbes estimate changed

Forbes has shown sharp swings in Moshkovich’s estimated fortune over time. Its World’s Billionaires List put him at $2.3 billion in 2019, then $1.7 billion in 2020, before rising to $2.4 billion in 2021. The estimate dropped to $1.4 billion in 2022, then moved back up to $2.3 billion in 2023 and $2.7 billion in 2024. Those changes followed a business career tied closely to farming and land.

The Forbes estimate climbed again to $2.9 billion in 2025 and stayed at $2.9 billion in 2026 on the World’s Billionaires List. Forbes later showed a lower figure on its real-time tracker, at $1.4 billion in October 2026. Alongside business, Moshkovich served in Russia’s Federation Council before resigning in December 2014, and in January 2017 he began construction on the Letovo International School charity project.