Ann: Juno Minerals Demerger & IPO Delayed, page-78

Blackcat, it's not because there are few billionaires in Manganese that it is not a lucrative industry...
The lack of individual wealth creation in Manganese is instead simply driven by the small nature of the industry and the fact that the big Manganese mines are held by mining majors or state-owned companies.
ConsMin and its smelters in Ukraine certainly made Gennady Bogolyubov a lot of money. He then had issues in Ukraine with PrivatBank so had to sell the mines to Tianjiang Jia, who was certainly happy to pick up these fantastic assets at the bottom of the cycle.
Eramet: the Duval family owns a big chunk of Eramet (which owns the 2nd largest Mn mine globally) and is in the list of wealthiest French families.
The other major mines are held by BHP, Vale, MOIL (majorly India state-owned), CITIC (via Dameng, basically China state-owned) and OM Holdings...
This is a small space, so yes we don't have a long list of billionaires...