Billionaire Profile
Viktor Vekselberg
Global Rank
#354

Image: Original uploader was Aleshru (Митя Алешковский) at ru.wikipedia | CC BY-SA 3.0 | via Wikimedia Commons

Viktor Vekselberg

CEO, Metals
RUSSIA
Real-Time Net Worth
$9.712B
Estimated based on Metals stock value as of April 20, 2026
-0.48% (24h)
Age
68
Source
Metals, investments
Industry
Metals & Mining
Citizenship
RUSSIA

Biography

Viktor Vekselberg is a Russian-Israeli businessman and oligarch, known for his significant investments in the metals, energy, and technology sectors. Born in Ukraine in 1957, Vekselberg has built a diverse portfolio through his Renova Group, a major investment holding company. His career highlights include founding Renova Group, co-founding the Siberian-Urals Aluminium Company (SUAL), and playing a key role in the creation of TNK-BP. Vekselberg's estimated net worth is $10.1 billion, reflecting his success in diversified industries. He is also known for his extensive art collection, including a notable collection of Fabergé eggs.

Fact Checked
Verified by Editorial Team
Live Data
Updated 4/20/2026

Wealth Over Time

In-Depth Profile

Early Life and Education

Viktor Vekselberg was born on April 14, 1957, in Drohobych, Ukrainian SSR. His father was Jewish, and his mother was Russian. He graduated with honors from the Moscow Institute of Transport Engineering (MIIT) in 1979, earning a degree in automation and computer engineering. He later pursued graduate studies at the Computing Centre of the Academy of Sciences, becoming a Candidate of Mathematical Sciences.

Rise to Success

Vekselberg's career began in the 1980s with research and engineering roles. In 1988, he founded NPO Komvek, and in 1990, he co-founded the Renova Group with Leonard Blavatnik. He benefited from the privatization of the aluminum industry in Russia in the 1990s. In 1996, he co-founded the Siberian-Urals Aluminium Company (SUAL), which later merged with other entities to form the United Company RUSAL, the world's largest aluminum company. Vekselberg also played a key role in forming TNK-BP, a joint venture with British Petroleum.

Key Business Strategies

Vekselberg's business strategy has involved strategic investments in key industries and capitalizing on privatization opportunities. He has focused on metals, oil, and technology. His Renova Group has investments across various sectors, demonstrating a diversified approach to wealth management and investment. Vekselberg also served as the chairman of the board of directors of UC Rusal and served on the board of directors of TNK-BP.

Philanthropy

Vekselberg is also known for his philanthropic endeavors, particularly in Jewish causes. He has supported the construction and restoration of synagogues and Jewish community centers, and has been involved with the Jewish Museum and Tolerance Center in Moscow. He has also contributed to the Skolkovo Foundation, a technology hub aimed at fostering innovation in Russia.

Career Milestones

1990

Founded Renova Group

Co-founded Renova Group, a major investment holding company.

1996

Co-founded SUAL

Co-founded the Siberian-Urals Aluminum Company (SUAL).

1997

TNK-BP Partnership

Became a stakeholder in Tyumen Oil Company (TNK), later TNK-BP.

2007

Chairman of Rusal

Served as Chairman of the Board of Directors of United Company RUSAL.

2010

Head of Skolkovo Foundation

Appointed head of the Skolkovo Foundation.

Philanthropy & Social Impact

Cultural and Religious

Jewish Museum and Tolerance Center

$4.5B

Donated to the construction of the Jewish Museum and Tolerance Center in Moscow.

Technology and Innovation

Skolkovo Foundation

Undisclosed

Supported the Skolkovo Foundation, a technology hub.

Cultural and Historical

Fort Ross Foundation

$1.7M

Donated to the Renova Fort Ross Foundation in the U.S. to support Fort Ross State Historic Park

Business Philosophy & Leadership

Notable Quotes

"For me, being rich means being responsible first and foremost. Money is hard to earn, but it is even harder to manage it correctly."

Leadership Principles

Strategic Investment

Focus on strategic investments in key industries such as metals and energy.

Diversification

Maintain a diversified portfolio of investments across various sectors to mitigate risk.

Philanthropic Engagement

Support cultural and community initiatives, including Jewish causes and technological development.

Controversies & Challenges

2018

U.S. Sanctions

Sanctioned by the U.S. Treasury Department for operating in the energy sector of the Russian Federation economy.

2018

Mueller Investigation

Questioned by Special Counsel Robert Mueller's team regarding payments to Michael Cohen.

2022

Yacht Seizure

U.S. authorities seized his superyacht Tango in Spain due to violations of U.S. sanctions.