Viktor Vekselberg



Viktor Felixovich Vekselberg (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.

Viktor Vekselberg studied at the Moscow Institute of Railroad Engineering in the 1970s. He made his first million selling scrap copper from worn-out cables. He led Russia's first successful hostile takeover in 1994, when his Renova firm took control of the Vladimir Tractor Factory and installed a Russian-born Harvard M. B.A. to run it. He later bought several medium-size aluminum smelters and bauxite mines, united them into $1 billion (sales) Sual Holding in 1996. That group eventually became part of one of the world's largest aluminum producers, UC Rusal, in which he still has a stake. Vekselberg got $7 billion in cash when he and his partners sold their 50% stake in joint oil venture TNK-BP to state-owned Rosneft in 2013. He invested some of the proceeds into companies like Swiss industrial firms Sulzer and Oerlikon, Swiss steel company Schmolz+Bickenbach and Italian firm Octo Telematics, which makes software for insurance companies. Vekselberg owns a large art collection, including nine Faberge eggs he bought from the Forbes family for $100 million.
 

Vladimir Lisin returned to the first place in the Russian list of Forbes

Business06.03.2018

The list of richest people in Russia, according to Forbes magazine, was replaced by the leader. He became the owner of a controlling stake in the Novolipetsk Metallurgical Combine (NLMK) Vladimir Lisin. His state of the publication was estimated at 19.1 billion dollars.

Oleg Deripaska obtained the citizenship of Cyprus

Society04.03.2018

And Viktor Vekselberg refused it.

Leonard Blavatnik bought a house in New York for $ 90 million

Business22.02.2018

Partner Viktor Vekselberg Leonard Blavatnik bought for a record $ 90 million mansion in the Upper East Side in New York.

Mikhail Prokhorov finally left UC Rusal

Business20.02.2018

ONEXIM Mikhail Prokhorov will sell a 6% stake in UC Rusal to a consortium of Zonoville Investments Limited, controlled by Viktor Vekselberg and Leonard Blavatnik.

Viktor Vekselberg refused to store gas in Italy

Business14.02.2018

According to analysts, the reason for selling a promising asset may be fear of international sanctions.

"Airports of regions" bought a stake in Surgut airport

Business23.01.2018

"Airports of the regions" bought a stake in the airport of the city.

Leonid Lebedev will meet in court with Viktor Vekselberg and Leonid Blavatnik

Business04.01.2018

Why the request of the police captain Matveyev from Tver was sent to the Ministry of Justice of Ireland, and will be considered a court in New York.

Vekselberg company did not find buyers for its bonds

Business25.11.2017

"T plus" did not suit the proposed rate on its bonds for 10 billion rubles.

Vekselberg and Prokhorov played an aluminum trick on Deripaska

Business12.10.2017

The oligarchs sold a 3% stake in Rusal which could complicate the IPO of Deripaska's En+ in December.

Vekselberg and Prokhorov sold shares of UC Rusal for $315 million

Business11.10.2017

The deal was conducted with a discount of 7.5% from the market price of these securities.

Novaport increases its presence in Siberia

Business05.09.2017

The company belonging to Roman Trotsenko has bought the airport of Ulan-Ude.

ONEKSIM says goodbye to Rusal

Business15.08.2017

Mikhail Prokhorov may abandon the ranks of the company's shareholders by November.

Viktor Vekselberg and his partners acquired 7% of UC Rusal

Business14.08.2017

Perhaps now they will seek to sell the blocking stake in Norilsk Nickel.

Mikhail Prokhorov hands out aluminum

Business11.08.2017

The businessman sold 7% of Rusal to Viktor Vekselberg.

Pavel Maslovsky left Petropavlovsk

Business18.07.2017

The co-founder of the company left its top management.

The most expensive planes of Russian oligarchs

Business26.06.2017

What the Russian oligarchs use to move their bodies around the world.

The richest people of Russia in the Forbes global ranking 2017

Business21.03.2017

List of most wealthy Russians for the second consecutive year is headed by the co-owner of "Novatek" and "Sibur" Leonid Michelson.

Vekselberg's Renova is suspected of withdrawing the profits abroad

Business20.03.2017

Presumably, the profits in the period from 2003 to 2008 were siphoned off abroad.

Novaport and Airports of Regions are fighting for the Belgrade airport

Business14.03.2017

The problem is that both Russian applicants do not comply with the requirements of the tender.

Vekselberg goes into agriculture

Business27.02.2017

Renova Group will invest 25 billion rubles in the construction of greenhouses.

Suleiman Kerimov gave his son an airport

Business15.02.2017

The senator is actively making over the business assets to his 21-year-old heir Said Kerimov.

Onexim has sold 3.32% stake in UC Rusal for $240 million

Business15.02.2017

Discount to the closing price on the Hong Kong Stock Exchange amounted to 9%.

Minority shareholders of Rusal threaten to block the additional issue

Business10.02.2017

Oleg Deripaska's UC Rusal may face a conflict around shares: according to Bloomberg, the company intends to issue new shares and place 20% of shares on the stock exchange in London. But minority shareholders, including Viktor Vekselberg, Mikhail Prokhorov and Glencore, are threatening to block it.

Prokhorov is in no hurry to sell the stake in UC Rusal

Business06.02.2017

The deal with Sual Partners if Viktor Vekselberg and Leonard Blavatnik may never happen. 

Cypriot strategist: Viktor Vekselberg increased his share in Bank of Cyprus

Business28.01.2017

The main owner of Renova, Viktor Vekselber, became the key shareholder of Bank of Cyprus.

Offshore millionaire Mikhail Abyzov's governors will decide the fate of the Ural

Officials26.01.2017

The heads of Perm and Sverdlovsk Oblasts hope for patronage of Minister Mikhail Abyzov, who has accumulated hundreds of millions of dollars in tax havens. 

RBC investigation: how permissions for construction projects in Moscow parks are obtained

Business17.12.2016

The developer from the mayor's office, an independent expert, self-liquidating after the expert review, the approval of the construction without public hearings: that is the scheme to construct buildings in Moscow, which shouldn't be there.   

Alisher Usmanov first entered the list of the richest people in Switzerland

Business02.12.2016

Billionaire Alisher Usmanov, who had lost the tax resident status in Russia, joined the ranks of 300 richest people in Switzerland for the first time, according to Swiss magazine Bilan.