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Oleg Deripaska

Oleg Deripaska
Дерипаска Олег Владимирович.jpg
Born Oleg Vladimirovich Deripaska
(1968-01-02) 2 January 1968 (age 49)
Dzerzhinsk, Nizhny Novgorod Oblast, Russian SFSR
Residence Moscow, Russia
Alma mater Moscow State University, Plekhanov Russian Academy of Economics
Occupation Chairman of Supervisory Board of Basic Element Company
Net worth IncreaseUS$3.2 billion (April 2016)
Spouse(s) Polina Deripaska (née Yumasheva); 2 children Alexander Deripaska (1989)Yulia-Olga Deripaska (1990)
Awards
Website Basic Element, Oleg Deripaska

Oleg Vladimirovich Deripaska (Russian: Оле́г Влади́мирович Дерипа́ска; born 2 January 1968) is founder and owner of one of the largest Russian industrial groups Basic Element company, President of En+ Group and United Company RUSAL, the largest aluminium company in the world. As of 2016, Deripaska is estimated to have a net worth of US$3.2 billion.

Deripaska was born in Dzerzhinsk, Nizhny Novgorod Oblast, and grew up in Ust-Labinsk, Krasnodar Krai, Russia.

Deripaska was raised on the family’s small farm, where from the age of 5 or 6 his grandparents instructed him to learn everything about the land to survive. Deripaska credits his grandparents for teaching him the discipline of hard work.

"They taught [him] the details of farming, including when and how to plant, grow and harvest".

Both his grandfathers fought in the Second World War, one was killed in battle and buried in a mass grave in Austria, the other returned to Russia after the war ended. Deripaska's first job was at the Ust-Labinsk plant where his mother worked. At age 11, he became an electrician's apprentice doing maintenance on electrical motors. Deripaska acquired a passion for reading; his favorite authors were Mayne Reid and Jack London. Today, Basic Element's headquarters contain walls of books, reflecting Deripaska's lifelong love of reading. His talent for math allowed him to enroll at the physics faculty of Moscow State University in 1985. One year into his studies, he was conscripted into the armed forces and served in the Soviet army's Strategic Missile Forces in the Trans-Baikal area, Siberia, from 1986-1989.

In 1993, Deripaska graduated with honors in physics from Moscow State University. After graduation from Moscow State University, the collapse of the Soviet Union eliminated academic funding and made it impossible for Deripaska continue to his studies as a theoretical physicist. There were no stipends or grants for students either. "We had no money. It was an urgent and practical question every day. How do I earn money to buy food and keep studying?" he recalls.


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