Portrait of Vagit Alekperov

Rank #83

Vagit Alekperov

Net worth $29.5B

Oil · Russia

Born
Sep 01, 1950
Age
75
Source
Oil
Residence
Moscow
Citizenship
Russia
Marital status
Married
Children
1
Education
Master of Science in Engineering, Azerbaijan Institute of Oil and Chemistry

Net worth over time

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 stepped down as the president of Lukoil in April 2022, a few days after being sanctioned by the U.K.
  • Alekperov transferred his ownership in Dutch shipyard Heesen Yachts, where his 230-foot yacht Galactica Super Nova was built, to a dutch foundation in 2022.
  • Alekperov penned a book called "Oil of Russia: Past, Present and Future."
  • Alekperov, who collects old coins, opened the International Numismatic Club in Moscow, where his collection is exhibited.

Financial assets

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