Viktor Vekselberg



Viktor Felixovich Vekselberg (born 14 April 1957) is a Ukrainian-born Russian businessman. He is the owner and president of Renova Group, a large Russian conglomerate. According to Forbes, his fortune is estimated at $13.6 billion, making him the fourth richest person in Russia, as of August 4, 2015.
Vekselberg is close to the Moscow Kremlin, overseeing projects to modernize the Russian economy.

Viktor Vekselberg studied at the Moscow Institute of Railroad Engineering in the 1970s. He made his first million selling scrap copper from worn-out cables. He led Russia's first successful hostile takeover in 1994, when his Renova firm took control of the Vladimir Tractor Factory and installed a Russian-born Harvard M. B.A. to run it. He later bought several medium-size aluminum smelters and bauxite mines, united them into $1 billion (sales) Sual Holding in 1996. That group eventually became part of one of the world's largest aluminum producers, UC Rusal, in which he still has a stake. Vekselberg got $7 billion in cash when he and his partners sold their 50% stake in joint oil venture TNK-BP to state-owned Rosneft in 2013. He invested some of the proceeds into companies like Swiss industrial firms Sulzer and Oerlikon, Swiss steel company Schmolz+Bickenbach and Italian firm Octo Telematics, which makes software for insurance companies. Vekselberg owns a large art collection, including nine Faberge eggs he bought from the Forbes family for $100 million.
 

Why did the editor-in-chief of the newspaper "Kommersant" Sergey Yakovlev leave his post

Business16.07.2018

Why did his post leave the editor-in-chief of the newspaper Kommersant, Sergei Yakovlev.

Renova of Viktor Vekselberg wants to unite energy assets with Gazprom energoholding

Business12.07.2018

Corrupted in the corner by American sanctions, the oligarch intends to merge his energy assets with the company Gazprom energoholding, having received a blocking stake for it.

Vekselberg became the only beneficiary of Russian assets "Renova"

Business11.07.2018

Minority shareholders exchanged shares in the structures of Renova for packages in the Swiss holding Liwet Holding.

"Rosatom" renews pensions

Business09.07.2018

The oligarch's structures were included in the AtomGarant NPF.

Businessman Danil Khachaturov can sell a plot in the north of Moscow

Business09.07.2018

The businessman intends to sell his last property in Moscow.

Viktor Vekselberg spent 1.6 million dollars to lobby the interests of Russia in the US

Governance06.07.2018

According to the Associated Press, which did not disclose the source of its information, it was such a ridiculous amount spent in the US by a Russian oligarch.

Kenes Rakishev returned Pavel Maslovsky to Petropavlovsk

Business02.07.2018

The founder of the company plans to buy more shares to bring its stake to 10%.

Oleg Deripaska refused to borrow money from Promsvyazbank

Business30.06.2018

The businessman considered "state aid" bonded. Earlier Viktor Vekselberg received from the bank up to 1 billion dollars.

Aeroflot changes its course and flies to Moscow

Business26.06.2018

The carrier can change the development strategy.

Capital Group is aiming for a Moscow project with a volume of 1.3 million square meters

Business26.06.2018

To do this, the developer must agree with the co-owners of 97 hectares on the understudy of Kutuzovsky Prospekt.

Leonard Blavatnik bought a theater in London for $ 60 million

Business20.06.2018

Access Entertainment, owned by billionaire Leonard Blavatnik, paid three times the starting price for the Royal Haymarket Theater of the 18th century.

Former Senator Pavel Maslovsky is going to get gold again

Business07.06.2018

Pavel Maslovsky can again return to the operational management of the gold miner Petropavlovsk. Ex-Senator from the Amur region agreed to take the post of CEO of the group, torn apart by the corporate conflict, which he left in 2017.

The losses of Russian billionaires due to sanctions exceeded $ 6 billion

Business06.06.2018

Yesterday Vladimir Putin signed a law on counter-sentences. Forbes estimated how much the richest people of Russia who were under sanctions in April lost, while the Duma and the Kremlin came up with the US response.

German Khan: "We are ready to sell everything at any time"

Business05.06.2018

Member of the Supervisory Board of Alfa Group, Herman Khan, talked about his attitude to the Kremlin list, the reasons for increasing the role of the state in business and how much the Wintershall DEA could cost.

1 billion francs of Victor Vekselberg frozen in Switzerland

Business05.06.2018

Renova's lawyers are already preparing lawsuits against Swiss banks and their employees. According to experts, the chances of obtaining compensation for losses in court are not high.

Mikhail Prokhorov worked as a garbage for Viktor Vekselberg

Business31.05.2018

A professional oligarch bought out a share of toxic Vekselberg in an IFC bank.

Rostek may become an investor in Irkutsk airport

Business30.05.2018

Previously, Vekselberg's holdings, Deripaska and Trotsenko showed interest in the asset.

Oleg Deripaska tries to desert from Rusal

Business29.05.2018

EN + Group follows the advice of the US Treasury and replaces its representatives on the board of directors of the aluminum company with ordinary employees.

Vekselberg's Akado may lose support for Cisco

Business28.05.2018

Due to sanctions, the company may have problems with the tele-business.

The richest heirs of Russia

Business25.05.2018

Forbes presented the rating of the heirs of the richest businessmen of Russia for the third time. The first place was taken by Yusuf Alekperov, the second place was occupied by the children of Leonid Mikhelson, "bronze" - in the son and daughter of Andrei Melnichenko.

Promsvyazbank lay down on the bottom

Business23.05.2018

The bank has stopped disclosing its securities reporting, fearing possible US sanctions.

Victor Vekselberg goes into cash

Business22.05.2018

Having received a billion support from the state, the scandalous oligarch suggested that the structure of Gazprom - Gazprom Energoholding - be purchased at a fair price by PJSC "T Plus".

Russia repaid the debts of oligarch Victor Vekselberg for $ 1 billion

Business21.05.2018

Vekselberg's Renova Group has returned $ 1 billion to a consortium of European, Swiss and American banks, including JPMorgan, Credit Suisse and UBS.

Criminal businessmen helped Viktor Vekselberg

Business19.05.2018

Evgeny Olkhovik and Vladimir Kremer agreed to exchange their assets for shares in Vekselberg's European business, which fell under sanctions.

Russia saved Victor Vekselberg from sanctions

Business14.05.2018

The total cost of state support for the Renova Group may amount to more than $ 1 billion.

Arkady Dvorkovich invited to head the fund "Skolkovo"

Officials10.05.2018

The current president of the fund Viktor Vekselberg is hampered by sanctions.

CNN named the reason for the interest of Müller's agents to Vekselberg

Society09.05.2018

Investigators from the team of the special prosecutor Robert Mueller were interested in payments that were transferred to the accounts of lawyer of the US president Donald Trump, close to businessman Viktor Vekselberg, told CNN sources.

Viktor Vekselberg told the Americans everything

Society05.05.2018

Journalists learned about the conversation between people pepsprokurora US Robert Müller with Viktor Vekselberg in New York. The conversation took place at the airport in New York about two months ago, sources say The New York Times.