Billionaire Profile
Vladimir Lisin
Global Rank
#75

Image: Public domain | via Wikimedia Commons

Vladimir Lisin

CEO, NLMK
RU
Real-Time Net Worth
$26.5B
As of December 2025
Age
69
Source
Steel, transport
Industry
metals-mining
Citizenship
RU

Biography

Vladimir Lisin is a prominent Russian businessman and steel magnate, currently ranking among the wealthiest individuals globally. Born on May 7, 1956, Lisin's wealth stems primarily from his controlling stake in Novolipetsk Steel (NLMK), one of Russia's largest steel producers, as well as his investments in transport and logistics. His career began in the Soviet era, rising through the ranks in the steel industry before gaining a significant share in NLMK. His estimated net worth is 26.5 billion USD. Lisin's career and achievements have solidified his position as a leading figure in the global steel market.

Wealth Over Time

In-Depth Profile

Early Life

Vladimir Sergeyevich Lisin was born on May 7, 1956, in Ivanovo, Russia. He started his career in 1975 as an electrical fitter in a Soviet coal mine. His early experience in the industrial sector laid the foundation for his future success. He graduated from the Siberian Metallurgical Institute in 1979 with a degree in metallurgical engineering.

Rise to Success

Lisin's career progressed through various roles in the steel industry. He worked as a welder foreman and rose through the ranks to section manager, shop manager, and deputy chief engineer. In 1992, he joined a group of traders who gained control of Russia's steel and aluminum industry. He later acquired a significant stake in Novolipetsk Steel (NLMK), becoming its chairman. Under his leadership, NLMK has grown into one of the world's largest steel producers.

Key Business Strategies

Lisin's strategic vision included the acquisition of key assets and the diversification of his holdings. He expanded NLMK's operations and invested in logistics and transportation. This strategy has been instrumental in fortifying his financial standing and ensuring multiple revenue streams. Lisin's expertise extends beyond business; he holds several patents for metallurgical processes and has published over 100 articles and 15 monographs on metallurgy and economics.

Philanthropy

While specific details about Lisin's philanthropy are difficult to find, it is known he has donated to various causes.

Career Milestones

1975

Electrical Fitter

Began career as an electrical fitter in a Soviet coal mine.

1979

Metallurgical Engineer

Graduated from Siberian Metallurgical Institute.

1992

Joined Trans-World Group

Joined a group of traders who won control of Russia's steel and aluminum industry.

2000

Sole Owner of NLMK

Became the sole owner of Novolipetsk Steel.

2018

President of the International Shooting Sport Federation

Elected president of the International Shooting Sport Federation.

Philanthropy & Social Impact

Sports

Shooting Sports

Undisclosed

Built one of Europe's largest shooting-range complexes in Lisya Nora.

Controversies & Challenges

2022

Sanctions

Faced sanctions from Australia due to his ties to the Russian government following the invasion of Ukraine.