Image: Александр Мысякин | CC BY-SA 3.0 | via Wikimedia Commons
Biography
Leonid Fedun is a prominent Russian billionaire businessman, with an estimated net worth of $10.3 billion as of March 2026. His primary source of wealth stems from his significant stake in Lukoil, one of Russia's largest oil companies. Born on April 5, 1956, Fedun transitioned from a military career to become a key figure in the Russian energy sector. He co-founded Lukoil and served as Vice President for strategic development until 2022. Fedun's career is marked by his strategic involvement in the privatization of the Russian oil industry, making him a central figure in Lukoil's growth. His achievements include co-founding Lukoil and contributing to its global expansion and influence.
