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Rank #65
Vagit Alekperov
$22155.1B
Moscow, , Russia
Energy
Biography
A former Caspian Sea oil rig worker, Vagit Alekperov became a deputy minister overseeing the oil industry in the Soviet Union.
In 1991 he took three large ministry-controlled oil fields and set up Lukoil, now Russia's largest independent oil company.
Lukoil, of which he owns about 30%, was hit by U.S. sanctions in September 2014.
Alekperov owns Dutch shipyard Heesen Yachts, where his 230-foot yacht Galactica Super Nova was built in 2016.
Seen as comparatively independent, Alekperov remains unsanctioned, likely because he is seen as a counterweight to state-owned Rosneft's sanctioned boss, Igor Sechin.
Financial Assets
Lukoil Holdings
MICEX: LKOH-RUShares: 196,288,870