Portrait of Vladimir Krupchak

Rank #2480

Vladimir Krupchak

Net worth $1.6B

Manufacturing · Cyprus

Born
Jan 29, 1958
Age
68
Source
Manufacturing
Residence
Limassol
Citizenship
Cyprus
Marital status
Married
Children
7
Education

Net worth over time

Biography

  • Vladimir Krupchak's fortune stems from his stake in Arkhangelsk Pulp and Paper Mill (APPM), Russia's largest producer of cardboard and one of its biggest makers of market pulp.
  • Prior to 2022 Krupchak controlled the Russian and Ukrainian assets of Austria's Pulp Mill Holding.
  • In the 2000s he was involved in a corporate battle with billionaire Oleg Deripaska for control of APPM.
  • Krupchak is a former member of the State Duma of Russia, the country's parliament.
  • His wife is a stakeholder of Titan Group, a leading company in Russia's sawn timber market.