Billionaire Profile
Vitaly Orlov
Global Rank
#2938

Image: Torigabb | CC BY 3.0 | via Wikimedia Commons

Vitaly Orlov

CEO, Fisheries
RUSSIA
Real-Time Net Worth
$1.164B
Estimated based on Fisheries stock value as of March 6, 2026
0% (24h)
Age
59
Source
Fisheries
Industry
Food & Beverage
Citizenship
RUSSIA

Biography

Vitaly Orlov, born in 1964, is a Russian businessman and the CEO and co-founder of Norebo Holding, Russia's largest vertically integrated seafood company. With a childhood rooted in Murmansk and an early career in the fishing industry, Orlov built a significant fortune, earning him the moniker of "Fish King". His journey began in the 1990s, navigating the post-Soviet market economy and later expanding into international markets. Orlov's career includes roles at ScanSea and establishing Ocean Trawlers A/S. He has been involved in legal battles and faced scrutiny regarding his business practices. As of 2024, his net worth is estimated at $2.1 billion.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life and Education

Vitaly Orlov's early life was shaped by his upbringing in Murmansk, with his childhood experiences fostering a deep connection to the Barents Sea and the fishing industry. His education included six years at the Marine Academy, where he qualified to command a diesel submarine.

Rise to Success

After graduating from the academy in 1991, Orlov navigated the economic changes following the collapse of the Soviet Union. He started his professional career working in the seafood trading sector, holding a position at a seafood trading company. He then became the regional manager for ScanSea, a Scandinavian firm. In the late 1990s, Orlov and two partners started a business buying used fishing trawlers then exchanged for fish in Russia. This led to the founding of Ocean Trawlers A/S in 1997. In 2007, Orlov returned to Russia with the vision of building a world-class fishing industry. He is the CEO and co-founder of Norebo Holding, the largest vertically integrated seafood company in Russia.

Key Business Strategies

Orlov's business strategy focused on building a vertically integrated seafood company, Norebo Holding, which operates 15 companies and catches around 400,000 tons of cod, haddock, and pollock annually. Norebo has spent $600 million to acquire fishing companies in the North and Far East of Russia. The company supplies fish to major brands like McDonald's and Birds Eye.

Philanthropy

Information regarding Vitaly Orlov's philanthropic activities is not readily available in the search results.

Career Milestones

1997

Founded Ocean Trawlers A/S

Co-founded Ocean Trawlers A/S, a company that chartered Norwegian vessels for fishing in Russia.

2007

Returned to Russia to Develop Fishing Industry

Returned to Russia with the aim of building a world-class fishing industry.

2016

Acquired Full Ownership of Norebo

Completed the acquisition of shares in Norebo, becoming the sole owner.

Business Philosophy & Leadership

Notable Quotes

""My goal was never to build the biggest company or to make the most money. I grew up in Murmansk, looking out to the Barents Sea.""

Controversies & Challenges

2020

Legal Dispute with Alexander Tugushev

Involved in a long-running legal battle with Alexander Tugushev over a stake in Norebo.

2026

Lawsuit Against Norway

Sued Norway after Norebo was denied access to the Norwegian economic zone due to suspected intelligence gathering.

2026

Accusations of Espionage

Several of his vessels have been suspected of engaging in espionage activities in Norway and the Netherlands.