The second richest woman on the list, worth $600 million, is Tatyana Batalchukn — the founder and director of the popular Wildberries online retailer.

Elena Rybolovleva, who reportedly acquired much of her wealth as a result of her divorce from Russian billionaire Dmitry Rybolovlev, was ranked third in the Forbes ranking with $600 million.

The three richest Russian women were followed in the list by Natalia Fileeva, the chairman of the board of directors of the S7 airline company, with an estimated worth of $600 million, and Olga Belantseva, the co-owner of the Progress baby food plant, with $500 million.

Forbes noted that four out of the five newcomers to the list were family members of male “billionaires and members of the political elite.” They include Polina Deripaska, the wife of sanctioned oligarch Oleg Deripaska, as well as Liliya Rotenberg, the daughter of Putin’s close associate Arkady Rotenberg.