Oligarch Profiles

Vagit Alekperov is a Soviet-trained oil engineer and former deputy oil minister who built Lukoil into Russia’s largest private oil company and ran it as president from 1993 until April 2022. He resigned eight days after the United Kingdom sanctioned him, but remains Lukoil’s main shareholder. The UK, Australia, Canada and New Zealand list him;

Andrei Skoch has been a member of Russia’s State Duma since 1999 and is a longtime business partner of Alisher Usmanov. The family’s stake in USM, the holding company that owns the iron ore and steel group Metalloinvest, is held by his father and his daughter. The United States has sanctioned Skoch since 2018. In

Anatoly Sedykh is the principal owner and board chairman of United Metallurgical Company (OMK), which Forbes describes as Russia’s second-largest pipe producer and its biggest maker of railway wheels. He built the group around the Vyksa steel works in the Nizhny Novgorod region, which he and his partners took control of by 1999. The United

Alexander Nesis is a businessman from St. Petersburg who founded the investment group ICT in 1991. ICT founded the precious metals miner Polymetal in 1998 and remained its largest shareholder until January 2024, when it sold its entire 23.9 percent stake to a consortium of Omani investors. He holds Russian, Maltese and Israeli citizenship. Only

Alexander Abramov is a Russian steel businessman who co-founded Evraz, one of Russia’s largest steel and mining groups, and chaired it for most of the time from 1995 until March 2022. He still holds an indirect stake of about 19 percent in Evraz plc. The United Kingdom, Australia and Ukraine have sanctioned him; New Zealand

Igor Makarov is a Russian oligarch who made his fortune in the oil and gas industry. In this post, there is to know about Igor Makarov.

In this post, we take a look at Igor Sechin net worth, and discuss how he became one of the most powerful businessmen in Russia.