Viktor Vekselberg
| Viktor Vekselberg | |
|---|---|
 |
|
| Born |
14 April 1957 Drohobych, Ukrainian SSR |
| Citizenship |
 Ukraine,  Russia
|
| Alma mater | Moscow Transportation Engineering Institute |
| Occupation | Owner of Renova Group |
| Net worth |
 US$13.6 billion (Aug 2015) |
| Spouse(s) | married |
| Children | two |
| Awards | |
| Website | vekselberg |
Viktor Felixovich Vekselberg (Russian: Виктор Феликсович Вексельберг, Ukrainian: Віктор Феліксович Вексельберг; born 14 April 1957) is a Ukrainian-born Russian businessman. He is the owner and president of Renova Group, a large Russian conglomerate. According to Forbes, his fortune is estimated at $13.6 billion, making him the fourth richest person in Russia, as of August 4, 2015.
Vekselberg is close to the Moscow Kremlin, overseeing projects to modernize the Russian economy.
Victor Vekselberg was born in 1957 to a Ukrainian Jewish father and a Russian mother in Drohobych, Ukrainian Soviet Socialist Republic (although some reports state that he was born in Lviv). In 1979, he graduated from the Moscow Transportation Engineering Institute. Thereafter, he worked as an engineer and research manager at a state-owned pump manufacturer.
In 1988, after the Gorbachev administration relaxed restrictions on private business as part of his new policy Perestroika and Glasnost, he founded NPO Komvek which did work for the Irkuksk Aluminum Plant and in 1990, he co-founded Renova Group with college classmate,Leonard Blavatnik. KomVek owned 67% of Renova and Blavatnik’s company Access Industries owned the remainder. He benefited financially from the privatization of the aluminum industry in Russia under the Yeltsin administration in 1993. In 1996, he co-founded the Siberian-Urals Aluminium Company (SUAL) via a merger of the Ural and Irkutsk Aluminum Plants. (SUAL would later be incorporated into United Company RUSAL, the largest aluminum company in the world). Using revenues generated from his aluminum business, he purchased a minority interest in Tyumen Oil (TNK), one of Russia's largest oil and gas companies. In 1997, he secured a controlling interest in Tyumen and was appointed to the Board of Directors; in 1998, he was appointed Chairman of the Board. Later, he integrated those and other assets under the umbrella of Renova Group, delegating operating responsibilities to managers.
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