The net worth of Arkady Volozh, one of the founders of Yandex, has significantly increased, reaching $4.4 billion. This has allowed him to secure the 947th position on the list of the world’s richest people, according to the latest data from the global ranking of Forbes Real-Time Billionaires.

In just one year, the businessman’s fortune has grown nearly fourfold: in March of last year, his net worth was estimated at $1.2 billion. This dynamic is largely linked to recent events in the market.