Viktor Vekselberg

Place
  • Now
    26th
  • Last week
    26th
  • Two weeks ago
    26th
  • Three weeks ago
    28th
Name
Viktor Vekselberg
Net Worth
7 Billion USD
Birth Date
14 April 1957
Age
67
Country
Russia
City
Moscow
Business
Diversified

Viktor Vekselberg, a prominent Russian billionaire, is renowned for his extensive business ventures and substantial influence in both Russian and global markets. Born on April 14, 1957, in Drohobych, Ukraine, Vekselberg studied at the Moscow Transportation Engineering Institute, earning a degree in engineering before embarking on a lucrative career in the metals and energy sectors.

Vekselberg's rise to wealth began in the 1990s during Russia's privatization era. He co-founded the Renova Group, a conglomerate with interests in aluminum, oil, energy, and telecommunications. Under his leadership, Renova became one of Russia's most influential companies. Vekselberg played a key role in the merger that created RUSAL, the world's largest aluminum producer, further solidifying his status as a business magnate.

In addition to his industrial ventures, Vekselberg has a significant presence in the energy sector. His involvement with TNK-BP, a major Russian oil company, led to substantial profits when the firm was sold to state-controlled Rosneft in 2013. This deal was a landmark in the Russian oil industry, highlighting Vekselberg's strategic business acumen.

Beyond his business activities, Vekselberg is a notable art collector and philanthropist. He gained international attention in 2004 when he purchased nine Fabergé eggs from the Forbes family in what was described as one of the most significant art deals of the century. These eggs are part of Russia's cultural heritage, and Vekselberg's acquisition aimed to bring them back to their homeland.

Vekselberg's philanthropic efforts include significant contributions to science, education, and culture. He has supported various projects through the Renova Foundation, which funds initiatives in these fields. Despite facing sanctions from the U.S. and the EU in recent years due to geopolitical tensions, Vekselberg remains a key figure in global business, known for his strategic investments and commitment to cultural preservation.

Share

Your involvement

If you notice any errors in the information or photos, or if you have suggestions for improvements, please feel free to submit them through the support form. Business: ask.oftheweek@gmail.com