Wealthy individuals count in Kuban region by 2024
In Krasnodar Krai, known as Kuban, the Federal Tax Service has disclosed income data for residents whose earnings surpassed one million rubles in 2024. The report reveals that 17 individuals in Kuban amassed over one billion rubles, collectively earning 22.4 billion rubles. During the first four months of 2025, these billionaires have already accumulated 12.5 billion rubles.
The number of Kuban residents boasting annual incomes between one million and one billion rubles reached 43,700, with 42,200 reporting such incomes in the first four months of 2025. The total earnings of these millionaires amounted to 161.8 billion rubles in 2024, and 142.6 billion rubles during the first quarter of 2025.
The tax authority noted that a comprehensive comparison of the data might be challenging due to the fact that tax filings for the previous year can continue to be submitted throughout 2025, despite the completion of the main tax filing campaign.
Tax revenues to the Krasnodar Krai consolidated budget, as of the beginning of the year, totaled 502 billion rubles. The calculated tax owed by millionaires amounted to 6.9 billion rubles, while billionaires were expected to pay 378 million rubles, according to reports from RBC Krasnodar.
Kuban, with its robust agricultural and industrial sectors, is recognized for its significant economic activities. However, without more detailed data, it is challenging to provide a comprehensive breakdown of billionaires and millionaires by annual income and total earnings. In order to obtain accurate data, one may consult economic reports or databases tracking wealth distribution in Russia, such as the Forbes Billionaires List, or financial publications, or seek insights from local government or economic development agencies.
Notably, local businessman Sergei Galitsky dropped to 43rd place in the Forbes ranking of Russian billionaires. This fact doesnot directly relate to the data provided by the Federal Tax Service but may provide insight into the region's economic landscape.
In the economic landscape of Kuban, a significant number of individuals are involved in business and personal-finance activities, with 43,700 residents reporting annual earnings between one million and one billion rubles in 2024 and the first four months of 2025. The combined income of these millionaires and billionaires reached 174.2 billion rubles during this period, offering an opportunity for potential finance investing. To gain more detailed insights into the distribution of wealth in Kuban, one can refer to various economic reports, databases like the Forbes Billionaires List, or financial publications.
