Vagit Yusufovich Alekperov (Azerbaijani: Vahid Yusuf oğlu Ələkbərov, Russian: Вагит Юсуфович Алекперов; birthed 1 September 1950) is an Azerbaijani as well as Russian business person, the of the leading Russian oil business LUKOIL.
He is presently ranked by Forbes publication as the 8th wealthiest in Russia with a total assets of $12.3 billion and also the 114th wealthiest person worldwide.
Bio
Alekperov was birthed in Baku, among the earliest facilities of the global oil sector. His dad, that passed away when Vagit was a child, operated in the oilfields all his life and also influenced Alekperov to comply with in his steps. Alekperov’s daddy was a Muslim and also his mom, Russian Orthodox. Alekperov is , however does not define himself as either Muslim or Orthodox. He was eighteen when he landed his very first task in the market.
Alekperov finished in 1974 from Azerbaijan Oil as well as Chemistry Institute. As a trainee he additionally functioned as a drilling operator in Kaspmorneft, a Caspian local manufacturing business.
After college graduation, he function there, and also by 1979 he progressed from to deputy head of a manufacturing unit. He needed to operate in severe problems on oil platforms. Once, an explosion on his gear tossed him right into the rainy Caspian sea, and also he needed to swim for his life.
Alekperov transferred to Western Siberia in 1979 and also operated at Surgutneftegaz in between 1979 and also 1985, making his credibility as a sector professional. He was rising placements as well as by 1985 came to be initial basic supervisor of Bashneft manufacturing firm. In 1987, he ended up being supervisor of the recently developed manufacturing business Kogalymneftegaz.
In 1990, Alekperov was selected deputy minister of the Oil as well as Gas Sector of the Soviet Union and also came to be the youngest power in Soviet background. During that time, Alekperov the facility of up and down incorporated state-owned power business, which would certainly unite the variety of companies in the power field that were, at the time, reporting to various Soviet bureaucratic establishments.
As minister of the oil as well as gas sector of the Soviet Union, Alekperov was taken part in the development of the initial incorporated state-owned power firm, Langepas-Uray-Kogalymneft, which was developed in late 1991 as a subsidiary of the Ministry of Gas as well as Power. In April 1993, Langepas-Uray-Kogalymneft ended up being LUKoil Oil Business, with Alekperov as its president.
Alekperov has actually continued to be of LUKoil because that time. greater than 100,000 , today LUKoil is the globe’s most effective oil firms, with books 2nd just to Exxon.
LUKoil has actually been the very first Russian business to get an American firm. In November 2000, LUKoil obtained Getty Oil Advertising and marketing and also its 1,300 gasoline station in the USA Like several various other Russian oligarchs, Alekperov has actually likewise relocated right into financial and also media. In May 2006 Alekperov was just one of both major proprietors of IFD Kapital .
Alekperov is chairman of Lukoil, producer of 2 percent of the world’s oil. The Moscow-based company employs more than 100,000 people and had revenue of $93.9 billion in 2017. Alekperov’s collected more than $4 billion in dividends and owns 25 percent of IFD Kapital, an investor in energy, construction and media.
Source:
- Wikipedia.
- bloomberg