Viktor Felixovich Vekselberg (Russian: Виктор Феликсович Вексельберг, Ukrainian: Віктор Феліксович Вексельберг; birthed 14 April 1957) is a Ukrainian-born Russian entrepreneur. He is the proprietor and also president of Renova Team, a huge Russian conglomerate. Inning accordance with Forbes, his ton of money is approximated at $13.6 billion, making him the 4th wealthiest in Russia, since August 4, 2015.
Vekselberg is close to the Moscow Kremlin, looking after jobs to update the Russian economic situation.
Early life as well as education and learning
Victor Vekselberg was birthed in 1957 to a Ukrainian Jewish dad and also a Russian mom in Drohobych, Ukrainian Soviet Socialist Republic (although some records state that he was birthed in Lviv). In 1979, he finished from the Moscow Transport Institute. After that, he functioned as an engineer and also research study supervisor at a state-owned pump producer.
Providing a presentation at the Skolkovo Institute of Scientific research and also Technology.
Occupation
In 1988, after the Gorbachev management loosened up limitations on personal company as component of his brand-new plan Perestroika as well as Glasnost, he established NPO Komvek which did work for the Irkuksk Light weight aluminum Plant as well as in 1990, he co-founded Renova Team with university schoolmate, Leonard Blavatnik. [9] KomVek had 67% of Renova as well as Blavatnik’s business Accessibility Industries had the rest. He profited from the privatization of the light weight aluminum sector in Russia under the Yeltsin management in 1993. In 1996, he co-founded the Siberian-Urals Aluminium Firm (SUAL) by means of a merging of the Ural as well as Irkutsk Light weight aluminum Plants. (SUAL would certainly later on be integrated right into United Firm RUSAL, the biggest light weight aluminum firm worldwide). Utilizing incomes produced from his light weight aluminum company, he acquired a minority passion in Tyumen Oil (TNK), among Russia’s biggest oil as well as gas business. In 1997, he safeguarded a managing passion in Tyumen as well as was selected to the Board of Supervisors; in 1998, he was assigned Chairman of the Board. Later on, he incorporated those and also various other properties under the umbrella of Renova Team, operating duties to supervisors.
In 2003, the Renova Team, together with Access Industries (had by Leonard Blavatnik) and also the Alfa Team (possessed by Mikhail Fridman, German Khan, as well as Alexei Kuzmichov) introduced the development of collaboration to collectively hold their oil properties in Russia as well as Ukraine, creating the AAR consortium. In the exact same year, they combined AAR with British Oil’s Russian oil properties in a 50-50 joint venture called TNK-BP, the biggest personal in Russian background. As a chairman of the exec board of TNK, Vekselberg in discussing as well as shutting the transaction.
Vekselberg is currently [when?] a huge restructuring of his properties: the department of residential or commercial property with companion Leonard Blavatnik, the merging of Renova’s aluminium properties with those of Oleg Deripaska, and also the combination of numerous electrical power and also telecom financial investment.
Vekselberg is chairman of Renova, the investment group that has a stake United Co. Rusal, Russia’s biggest aluminum producer. The Bahamas-based company also owns shares in equipment makers Sulzer and Oerlikon. He owns regional airports in Russia and sold 12.5 percent of a Russian oil venture for $7 billion in 2013.
Source:
- Wikipedia
- bloomberg