Oleg Deripaska
$4.5B
Born
Jan 02, 1968
Age
58
Source of Wealth
Aluminum, utilities
Residence
Moscow,
Citizenship
Russia
Marital Status
Divorced
Children
2
Education
Master of Science, Moscow State University; Master of Economics, Plekhanov Russian University of Economics
- Oleg Deripaska is the founder of Basic Element, a Russian industrial group with interests in aluminum, energy, construction, agriculture and more.
- In April 2018, the U.S. Department of the Treasury's Office of Foreign Assets Control imposed sanctions against Deripaska and some of his companies.
- In 2000, he merged his Siberian Aluminum with the aluminum assets of Roman Abramovich's Millhouse Capital to form UC Rusal.
- In January 2019, OFAC lifted sanctions on En+ Group, UC Rusal and Eurosibenergo, and Deripaska agreed to permanently reduce his stake to 44.95%.
- He was the richest person in Russia and the 9th richest in the world in 2008 before nearly losing it all due to crashing markets and heavy debts.
- In an IPO in November 2017, En+ Group, which combined Deripaka's stake in UC Rusal and assets in the electric power industry, raised $1.5 billion.
- Deripaska was married to the daughter of Valentin Umashev, former chief of staff and current son-in-law of Russia's first president, Boris Yeltsin.
- He is a subject in a tell-all book written by Nastya Rybka, an alleged escort who calls herself "Deripaska's mistress" on her social media accounts.
- He sued in American courts to challenge the sanctions in March 2019; in June 2021, a District Court judge in Washington, D.C., dismissed his lawsuit.
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