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Viktor Vekselberg Net Worth, Biography & Lifestyle: Viktor Vekselberg is one of the richest men in Russia with a net worth of $5.3 billion.
Viktor Vekselberg is a Russian billionaire businessman. He is the head of the board for Renova Group, a large industrial holding company in Russia.
Besides its core business holdings…
Renova Group has investments in technology, renewable energy, and transportation.
In case you might be asking yourself how Viktor Vekselberg Became a Billionaire…
We’ve been looking into how much Viktor Vekselberg is worth for a while, and we can’t wait to tell you what we’ve found.
Table of Contents
This article will detail Viktor’s net worth and career, focusing on things like:
You can look at his background and wealth, but you can’t leave until you read our “Fun Facts” section.
Now, then, let’s begin…
Who Is Viktor Vekselberg?
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|Net Worth: $ 5.3 Billions
|Date of Birth: Apr 14, 1957 66 yrs old
|Source of Wealth: Entrepreneur, Businessperson
|Birth Name: Viktor Felixovich Vekselberg
|Eye Color: Black
Viktor Vekselberg is a $5.3 billion Ukrainian-born billionaire.
He started Renova Group and is now its chairman. Renova Group is a multinational organization. This company works in aluminum, oil, gas, power generation, construction, and telecom.
In addition, he serves as the board chairman of Sulzer AG, a Swiss engineering firm.
Vekselberg was born in 1957 in Drohobych, Ukraine (then part of the Soviet Union).
He studied at the Moscow Transportation Engineering Institute. He got a degree in electrical engineering from there. And in 1980, he met Leonid Blavatnik, who later became his business partner.
After they graduated, they started a business that imports and exports computers.
Vekselberg and Blavatnik purchased several plants in Siberia that made alumina and aluminum.
Viktor and other successful businesspeople established the investment holding firm Renova.
The following year, they bought the Krasnoyarsk Aluminum Plant. It’s one of the largest aluminum smelters in Russia.
Vekselberg served as the plant’s general director from 1992 to 1996. They combined all these assets to form United Company Rusal. It went on to become the most successful aluminum manufacturer in the world.
Vekselberg bought a 9.5% stake in Swiss bank UBS. He sold this stake back to the bank in 2012. Vekselberg is a close ally of Russian president Vladimir Putin.
In 2013, Putin appointed him as a member of the Skolkovo Foundation’s Board of Trustees.
The Skolkovo Foundation is a state-sponsored initiative to develop Russia’s hi-tech sector.
How Old Is Viktor Vekselberg
Viktor is 66 years old, born on April 14, 1957, in Drohobych, Ukraine.
Viktor Vekselberg Height & Weight
Viktor Vekselberg is 6 ft 1 in or 1.85 meters (185cm) tall and weighs 78 kg or 171.9 lbs.
Other Quick Facts:
How Much Is Viktor Vekselberg’s Net Worth?
This Russian billionaire made his fortune from metals and mining.
He also has interests in oil and gas, machinery, banking, and real estate.
Besides being one of Russia’s richest men, he is also one of the world’s most powerful men.
Viktor Vekselberg is a man who knows how to make money.
He started his career in the 1980s as a metals trader. He then advanced to become one of Russia’s most successful businessmen.
In the 1990s, he founded Renova Group, one of Russia’s largest and most varied companies.
With a net worth of $5.3 billion, Viktor Vekselberg is one of the wealthiest people in Russia right now.
Viktor Vekselberg Net Worth Year By Year.
|$ Net Worth
Viktor Vekselberg Investments
Viktor is an investor and entrepreneur in various businesses. He owns Renova Group, a conglomerate with interests in various industries.
One of the biggest banks in Russia, Bank Rossiya, has him as its chairman of the board of directors.
Besides his business activities…
Viktor Vekselberg is a philanthropist and patron of the arts.
He has donated money to support education, culture, and science in Russia.
He started the Skolkovo Foundation in Russia to promote innovation and entrepreneurship.
He’s on the boards of the Hermitage Museum and Moscow State University.
That makes Viktor Vekselberg a Russian billionaire and business magnate.
In 2006, Vekselberg bought a 9.5% stake in Tyumen Oil Company (TNK-BP) from British Petroleum for $6.75 billion.
In 2013, he sold his TNK-BP stake to Rosneft for $28 billion. The venture became the largest private transaction in Russian history.
In 2007, Vekselberg acquired a controlling interest in Swiss engineering company Sulzer AG. He later increased his stake to 70%. In 2012, Vekselberg sold his Sulzer shares for $1.8 billion.
In 2008, Vekselberg invested $1 billion in Renova Management Company. In 2010, he increased his stake to 50%.
In 2009, he bought Vladimir’s 14.5% interest in Otkritie Financial Corporation for $500 million. He sold Otkritie for $1.75 billion in 2013.
Viktor, Mikhail Fridman, and German Khan bought TNK-BP for $28 billion in 2011. Rosneft bought their interest for $56 billion in 2013.
In 2012, Viktor bought a 20% stake in Russian aluminum company Rusal from Oleg Deripaska for $2.2 billion.
While In 2014…
He invested $1 billion in the Swiss-based nanotechnology company Nanoco Group plc. He currently holds a 36% stake in the company.
Viktor purchased Jurgen’s interest in Schindler Group for $1.2 billion in 2015.
Enel sold Renova Group TGK-4 for $2.5 billion in 2016.
Sumitomo Corporation sold Renova Group 46% of United Wagon for $800 million in 2017.
He is also a major shareholder in Oleg Deripaska’s Basic Element holding company. As of 2017, he owns a 14.8% stake in the company.
Due to his investments, Viktor Vekselberg is one of the wealthiest people in Russia. As of March 2022, Forbes magazine pegs its net worth at $5.3 billion.
The Young Viktor Vekselberg
In Drohobych, Ukraine, on April 14, 1957, Viktor Vekselberg was born.
He graduated from the Moscow Institute of Physics and Technology in 1979.
While serving as an engineer for quite some time…
He launched his own company and began importing copper and aluminum goods from the West.
In the early 1990s, he began investing in oil and gas companies.
As a child, Viktor Vekselberg was fascinated by machines and their workings. He enjoyed disassembling and reassembling them, looking for ways to improve them.
His early fascination with engineering drove him to pursue a degree in engineering.
Viktor Vekselberg began his career in the oil and gas industry.
He rose through the ranks, becoming one of the youngest executives in his company.
In the early 1990s, he founded Renova Group, an investment holding company. Through Renova, Viktor has made significant investments in the Russian economy.
Viktor Vekselberg is also an active philanthropist. He has donated billions of dollars to charitable causes.
In 2018, he was awarded the Order of Friendship for contributing to the country.
Viktor Vekselberg High School
You had a lot of fun during your school days. But for Viktor Vekselberg, it was a time of hard work.
He attended one of the best schools in his hometown of Moscow, Russia.
There, he learned the skills to help him become a successful businessman.
Viktor’s parents were both educated people. They instilled in him the importance of getting a good education.
So, from an early age, Viktor knew that he would have to study hard if he wanted to succeed in life.
And study hard he did!
Viktor excelled in all his subjects and was elected class president several times.
He was a natural leader, and his classmates looked up to him.
Viktor Vekselberg University
Growing up, he attended and graduated from the Moscow Transportation Engineering Institute.
Upon graduating, he worked as an engineer and research manager at a pump manufacturer.
He then went on to have a very successful career in business.
But he never forgot the teachings he had learned at school. Hard work and dedication are always important, no matter what you want to achieve.
Viktor Vekselberg Family & Relationships
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Viktor Vekselberg Partners
He is married to Marina Vekselberg and has two children, a daughter, and a son.
Viktor Vekselberg Children
Viktor and Marina Vekselberg children are Aleksandr Vekselberg and Irina Vekselberg.
Viktor Vekselberg Mother
Elena Evtropovna Morozova was Viktor’s mother, and she was a Christian.
Viktor Vekselberg Father,
Feliks Solomonovich Vekselberg, was his father, and he was Jewish. Viktor identifies himself as a multinational.
Viktor Vekselberg Career
If you’re looking for a successful career in business, Viktor Vekselberg is a role model to study.
This Ukrainian-born Russian national is the wealthiest person in the country right now.
So, how did he achieve such massive success?
Let’s take a closer look at Viktor Vekselberg’s Career!
The Russian billionaire’s accomplishments are astounding.
Vekselberg began his career working in the aluminum industry.
He rose through the ranks and became the head of one of the largest aluminum companies in Russia.
From there, he invested in oil and gas, mining, telecommunications, and more.
Today, Vekselberg is one of the richest men in Russia, with an estimated net worth of over $5.3 billion.
Viktor Vekselberg is a great example to follow if you’re looking for a successful career.
He has been successful in many industries and is one of Russia’s richest men.
Here’s a look at his career highlights…
Vekselberg started studying engineering and became a Moscow State Technical University professor.
He then went into business, co-founding the Renova Group in 1990.
This corporation is one of Russia’s largest private investment organizations.
In the early 2000s…
Vekselberg took on some leadership roles within the Russian government.
Besides serving as a member of the Presidential Commission for MEG. He is a chairman of the board of directors for Rosneft, the Russian state-owned energy company.
Vekselberg has been focused on philanthropy and investments in technology.
He’s a big backer of the Skolkovo Foundation, which is building a Russian innovation hub.
He’s also invested in leading-edge companies, including Boston Dynamics and Apollo Fusion.
There’s no doubt that Viktor Vekselberg is a powerful and successful businessman.
If you want to achieve similar success in your career, study his example closely.
Viktor Vekselberg Scandals & Controversies
You’re wondering what Viktor Vekselberg has been up to lately.
Recently, the Russian billionaire has made headlines—and not for the best reasons.
Vekselberg was in many scandals and controversies.
Here are some of the major Viktor Vekselberg-related controversies.
Vekselberg is no stranger to criticism over his links to Putin.
Vekselberg was one of the Russian oligarchs who met with Putin in 2000.
They allegedly discussed ways to help Putin’s election campaign during this time.
Vekselberg is accused of funding Putin’s daughter Katerina Tikhonova’s enterprise.
The Russian billionaire denies involvement, but charges persist.
Bribery and Money Laundering Allegations…
Vekselberg was sanctioned in 2019 for bribery, money laundering, and bank fraud. The Swiss Federal Finance Department is investigating.
The U.S. Treasury Department alleged Viktor bribed Russian authorities for Renova Group.
Renova Group has had to sell off assets and let people go, and Viktor’s wealth has decreased.
The Russian mogul is currently appealing the U.S. sanctions in court, but it is uncertain if he will succeed.
In April 2018…
Robert Mueller questioned him as part of an investigation into Russian election activity.
Vekselberg claims innocence. His lawyer said he didn’t realize he had done anything illegal.
In May 2018, Vekselberg appeared on a list of Putin-aligned oligarchs the U.S. might penalize.
How Viktor Vekselberg Spends His Money
According to Viktor Vekselberg’s website, the billionaire spends his money on various things.
Some of his notable expenditures include:
Viktor Vekselberg Houses
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Viktor owns several houses around the world. He has homes in Geneva, New York, and Moscow.
He also owns a property in the Czech Republic that he uses as a holiday home. Most Russian billionaires also own property there.
Apart from their houses and cars…
Viktor Vekselberg also owns some commercial properties. He has office space in Geneva and Moscow and a shopping center in Prague.
Viktor Vekselberg Cars
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Viktor Vekselberg is known for his love of cars and owns many luxury vehicles. His collection includes a Bentley Bentayga, a Rolls-Royce Ghost, and a Maybach S600.
Viktor Vekselberg Yacht
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Viktor Vekselberg’s Yacht is called Tango.
Viktor Vekselberg Jet
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Viktor Vekselberg Jet is an Airbus A319
Viktor Vekselberg Philanthropy
What you need to know about this class of functions of his work is here.
Viktor Vekselberg is a Russian billionaire businessman and philanthropist.
Vekselberg has been active in philanthropy for many years.
The Viktor Vekselberg Foundation promotes education, culture, and research in Russia.
Over 1,000 students and young scientists have received scholarships. It’s also helped restore the Kremlin Armoury Museum and the Hermitage.
Vekselberg founded the Skolkovo Foundation to boost Russia’s high-tech sector in 2009. The foundation helped create the Skolkovo Innovation Center in Moscow.
Google, Microsoft, and Nokia have invested in Skolkovo’s more than 1,000 start-ups.
Vekselberg funded the 2012 Moscow Tolerance Center and Jewish Museum.
The museum promotes tolerance and cross-cultural understanding through its Holocaust exhibit.
We can all agree that Viktor Vekselberg’s philanthropy improves lives worldwide.
Fun Facts about Viktor Vekselberg
Viktor Vekselberg is one of Russia’s richest men.
But did you know that Viktor Vekselberg is also a passionate art collector?
The Russian oligarch bought nine Faberge imperial Easter eggs for $100 million.
At the time, these were the most precious pieces of art ever auctioned off.
Besides the Faberge eggs…
His collection includes paintings by Rembrandt, Renoir, and Picasso.
He has one of the largest private art collections in Russia.
Viktor owns over 4,000 paintings, sculptures, and pieces of jewelry!
Vekselberg is also a big fan of sports.
He’s an avid tennis player and enjoys skiing and snowboarding. He likes to read Russian literature and watch historical movies in his spare time.
He made his fortune in the aluminum and oil industries. He’s also the owner of the Swiss engineering firm Oerlikon.
Aside from that, Viktor has a degree in metallurgical engineering from Moscow State University.
So there you have it!
Some fun facts about Viktor Vekselberg.
We hope you found them interesting!
5 Lessons We Can Learn For Financial Freedom From Viktor Vekselberg
Set your spending priorities.
Viktor Vekselberg is a Russian billionaire who knows a thing or two about money.
He’s worth an estimated $17.2 billion! Not bad for a man who started as a simple engineer.
So, what’s his secret to amassing such wealth?
Well, one of the things he’s known for is being very frugal with his money.
He doesn’t waste money on things he doesn’t need. He knows how to list his spending and only puts his money into the best investments.
Invest in yourself.
Another lesson from Viktor is the importance of investing in yourself.
He didn’t get to be a billionaire by doing nothing. Instead, he looked for ways to invest in himself and his future. He continued his education later in life, completing an Executive MBA at INSEAD.
This commitment to lifelong learning has played a role in his success.
Another important lesson we can learn from Viktor is the importance of patience. He didn’t become an overnight sensation – it took him years of hard work and dedication to build up his wealth.
You can’t expect yourself to reach your goals overnight
You need to be patient and willing to put in the hard work required to reach your full potential
Viktor is also known for his focus and determination. He’s not easily distracted and is focused and laser-like in pursuing his goals. Without a doubt, his success has been attributed to this focus.
You must focus on what’s vital and resist being drawn away by dazzling distractions if you want to accomplish your goals.
Avoid unnecessary risks.
Finally, we can learn from Viktor that there’s no need to take unnecessary risks.
He’s a very successful businessman, but he’s not someone who takes unnecessary risks. He knows that to be successful, you need to be strategic and calculated in your approach.
There’s no need to take unnecessary risks – if something isn’t worth the risk, it’s not worth doing.
By following these lessons from Viktor Vekselberg…
You may prepare yourself to succeed. You must keep track of your money and only invest in the most profitable projects to reach your goals.
So use these skills immediately, and you’ll be on your way to being independent in no time!
Top 3 Quotes From Viktor Vekselberg
FAQs: Frequently Asked Questions
Q: Who owns Renova?
A: Viktor Vekselberg is the main owner and president of the company. He started the business in 1990. The Renova Group mainly does business in Russia, the C.I.S. states, Switzerland, South Africa, and the United States.
Q: How much is the net worth of Viktor Vekselberg?
A: Viktor Vekselberg net worth is $5.3 Billion.
Q: Who is Viktor Vekselberg’s wife?
A: His wife’s name is Marina Vekselberg.
Q: What is Viktor Vekselberg’s age?
A: Born in 1957, he is <getage> years old.
Q: What is the name of the Viktor Vekselberg firm?
A: His company name is Renova Group.
Conclusion: Viktor Vekselberg Net Worth
We hope you enjoyed reading about Viktor Vekselberg’s life and career!
It’s safe to say that he is a very successful businessman and one of the richest people in Russia.
He shows what can be done with a lot of hard work and dedication.
I like that you took the time to learn more about him.
We hope you have found this article interesting and informative.
Thank you for reading!
For more exciting articles about net worth, such as Ninja Net Worth, and Michael Phelps Net Worth, visit Insider Business School.