Who is Viktor Rashnikov? This question has been on the minds of many people in recent years, as he has become one of the richest men in Russia. With a net worth of over $10 billion, he is considered an oligarch. But where did he come from? How did he amass such a fortune? In this blog post, we will take a closer look at the life and career of Viktor Rashnikov.
Russian Oligarchs
Since the collapse of communism in the Soviet Union, a new class of wealthy businessmen, known as oligarchs, has arisen in Russia. These oligarchs have become extremely powerful and control much of the country’s economy.
Many of them made their fortunes by acquiring state-owned assets at bargain prices during the privatization process that took place after the Soviet Union fell. Others made their money through shady deals and corruption.
The rise of the oligarchs has been a controversial development in Russia, and their power and influence have led to concerns about the country’s democracy. Some believe that the oligarchs are a positive force in Russian society, while others view them as a dangerous threat to democracy.
Only time will tell what impact the oligarchs will ultimately have on Russia.
Examples Of Russian Oligarchs
In Russia, the term “oligarch” typically refers to wealthy businessmen who acquired their wealth through the privatization of state-owned assets in the 1990s. Here are some of the most well-known Russian oligarchs:
1. Mikhail Prokhorov
Prokhorov is a billionaire businessman and former politician who is the former owner of the Brooklyn Nets. He made his fortune in the precious metals industry.
2. Mikhail Fridman
Fridman is a billionaire businessman who co-founded Alfa Group, one of Russia’s largest investment firms. He also has interests in banking, oil, telecommunications, and aluminum production.
3. Vladimir Gusinsky
Gusinsky is a media mogul who founded the National Media Group, one of Russia’s largest media companies. He has also been involved in politics and has been critical of Vladimir Putin.
4. Oleg Deripaska
Deripaska is a billionaire businessman and aluminum magnate with close ties to Vladimir Putin. He has been investigated for money laundering and allegations of links to organized crime.
5. Roman Abramovich
Abramovich is a billionaire businessman and owner of the Chelsea Football Club. He made his fortune in the oil industry and has close ties to Vladimir Putin.
6. Vagit Alekperov
Alekperov is a billionaire businessman and founder of Lukoil, Russia’s largest oil company. He started his career as an engineer in the Soviet oil industry and went on to amass a personal fortune after privatization occurred in the 1990s.
7. Alexey Miller
Miller is the chairman of Gazprom, Russia’s state-owned gas company. He has been involved in the energy industry since the Soviet era and has close ties to Vladimir Putin.
As you can see, there are a number of Russian oligarchs who have made their fortunes in different industries. Some are more controversial than others, but all of them have become extremely wealthy and influential.
The Biography Of Viktor Rashnikov: Russian Oligarch
Early Life & Education
Viktor Rashnikov was born to a Russian Orthodox Christian family in the Magnitogorsk region of Russia. When he was just five years old, his father died in a mining accident, leaving his mother to raise him and his two younger brothers on her own.
Despite the hardships he faced growing up, Rashnikov was a bright student and graduated from high school with honors. He then went on to study at the Magnitogorsk Institute Of Mining and Metallurgy, where he earned a degree in the metal forming process. Rashnikov earned another degree from the same institute in the organization of production administration.
He has also earned a doctorate in Technical sciences and has written many research papers and scientific reports. He is an academician and was elected to the position of honored professor at the Moscow Institute of Steel and Alloys.
Career
In 1967, Rashnikov began working at the Magnitogorsk Iron and Steel Works as a company’s repair shop fitter. He eventually rose to Chief Engineer and then to the position of deputy general director. He became the majority owner and chairman of the board in 2005.
Under his leadership, the plant became one of the most efficient and world’s largest steel producers in Russia. MMK’s steel production doubled after ten years he became the director. MMK also became a publicly traded company on the London Stock Exchange.
His Personal Life
He is married to Tatyana Kuzmina and has two children, Olga and Tatiana. Rashnikov is a doting father and grandfather. He loves spending time with his family, and they often go on vacation together.
Rashnikov is a passionate art collector, and his collection includes works by Russian artists such as Ilya Repin and Vasily Vereshchagin. He also owns a luxurious yacht called ‘Ocean Victory’.
Philanthropy
Rashnikov is one of the world’s richest people, with a net worth of $13.4 billion as of 2020. Rashnikov has been involved in a number of philanthropic activities, including the creation of the Rashnikov Foundation, which provides financial support to orphans and children with disabilities.
He has also donated money to the construction of schools and hospitals in Magnitogorsk and has provided funding for the restoration of historic buildings in the city. In addition to his work in Magnitogorsk, Rashnikov has also contributed to the construction of a new airport in Sochi as a member of its strategic planning committee.
He has donated to a number of charities, including the Russian Orthodox Church. As a result of his philanthropic activities, Rashnikov was named “Person of the Year” by Russian President Vladimir Putin in 2013.
Awards
Viktor Rashnikov is a Russian billionaire who has received several awards for his work in the steel industry. In 2006, he was named “Man of the Year” by the Russian edition of Forbes magazine.
He has also been awarded the Order of Honor and the Order of Friendship by the Russian government. Rashnikov’s net worth is estimated to be around $11 billion, making him one of the richest men in Russia.
Conclusion
Viktor Rashnikov is a self-made man who has become one of the richest men in Russia through his work in the steel industry. He is also a philanthropist, and his charitable activities have earned him the admiration of many Russians.