Viktor Vekselberg

$7.61B

as of 07/05/24

About Viktor Vekselberg

Viktor Vekselberg, a Ukrainian-born aluminum baron, made his first million selling scrap copper from worn-out cables.

He later bought several medium-size aluminum smelters and bauxite mines and united them into Sual Holding in 1996.

Eleven years later, he merged it with billionaire Oleg Deripaska's Russian Aluminum to form UC Rusal. Both were sanctioned by the U.S. in April 2018.

A partner of billionaires Mikhail Fridman and Len Blavatnik in oil company TNK-BP, he sold his stake in 2013 to state-owned Rosneft for $7 billion.

Because of the sanctions, $1.5 billion he had in U.S. and Swiss banks are frozen.

Vekselberg's superyacht Tango was seized by Spanish police and the FBI in Palma de Mallorca in April 2022.

Personal stats

Citizenship

Russian Federation

Source of wealth

Metals, investments

Residence

Moscow, Russian Federation

Marital status

Married

Birth date

04/14/57 (age 67)

Number of children

Education

Master of Science, Moscow State University of Railway Engineering

Self-made

self-made