Vagit Alekperov
Energy

Vagit Alekperov Net Worth

Vagit Alekperov is a Russian businessman and philanthropist who was born in Moscow in 1950. He began his career as a Caspian Sea oil rig worker and eventually became a deputy minister overseeing the oil industry in the Soviet Union. In 1991, he founded Lukoil, now Russia's largest independent oil company, and wrote a book called "Oil of Russia: Past, Present and Future." He also founded the foundation of regional social programs "Our Future," which promotes social entrepreneurship. In 2016, he received nearly $600 million in dividends.
Vagit Alekperov is a member of Energy

Age, Biography and Wiki

Birth Day September 01, 1950
Birth Place Moscow, Russia, Russia
Age 72 YEARS OLD
Birth Sign Libra
Residence Moscow, Russia
Alma mater Azerbaijan State Oil Academy
Occupation Chairman of the supervisory board of Basic Element Company
Awards Order "For Merit to the Fatherland" (2nd class) Order "For Merit to the Fatherland" (3rd class) Order "For Merit to the Fatherland" (4th class) Order of Friendship Order of the Badge of Honour Order Of The Madar Horseman (1st class) Order of the Crown (Commander) Shohrat Order Order of Friendship (2nd class)

💰 Net worth: $20.5 Billion (2024)

Vagit Alekperov, famously referred to as the "Energy in Russia," is a renowned figure in the world of oil and gas. As the CEO of Lukoil, one of the largest oil companies in Russia, Alekperov has amassed significant wealth throughout his career. With an estimated net worth of $20.5 billion projected for 2024, he stands as one of the wealthiest individuals in the country. Alekperov's success and accomplishments in the energy sector have fostered both admiration and recognition, solidifying his position as a prominent figure in Russia's energy industry.

2009 $7.8 Billion
2010 $10.6 Billion
2011 $13.9 Billion
2012 $13.5 Billion
2013 $14.8 Billion
2014 $13.6 Billion
2015 $12.2 Billion
2016 $8.9 Billion
2017 $14.5 Billion
2018 $17.08 Billion

Biography/Timeline

1974

Alekperov graduated in 1974 from Azerbaijan Oil and Chemistry Institute. As a student he also worked as a drilling operator in Kaspmorneft, a Caspian regional production company.

1979

Alekperov moved to Western Siberia in 1979 and worked at Surgutneftegaz between 1979 and 1985, earning his reputation as an industry expert. He was ascending positions and by 1985 became first deputy general Director of Bashneft production company. In 1987, he became general Director of the newly created production company Kogalymneftegaz.

1990

Alekperov is married to Larisa Victorovna Alekperova and has a son Yusuf born in 1990.

1991

As deputy minister of the oil and gas industry of the Soviet Union, Alekperov was engaged in the formation of the first vertically integrated state-owned Energy company, Langepas-Uray-Kogalymneft, which was established in late 1991 as a subsidiary of the Ministry of Fuel and Energy. In April 1993, Langepas-Uray-Kogalymneft became LUKoil Oil Company, with Alekperov as its President.

2000

LUKoil has been the first Russian company to acquire an American company. In November 2000, LUKoil acquired Getty Petroleum Marketing and its 1,300 gas stations in the United States Like many other Russian Oligarchs, Alekperov has also moved into banking and media. In May 2006 Alekperov was one of the two main owners of IFD Kapital Group.

2018

As of 2018 he is rated by Forbes magazine as the sixth richest person in Russia with a net worth of $17.2 billion and the 74th richest person in the world.

About the author

Lisa Scholfield

As a Senior Writer at Famous Net Worth, I spearhead an exceptional team dedicated to uncovering and sharing the stories of pioneering individuals. My passion for unearthing untold narratives drives me to delve deep into the essence of each subject, bringing forth a unique blend of factual accuracy and narrative allure. In orchestrating the editorial workflow, I am deeply involved in every step—from initial research to the final touches of publishing, ensuring each biography not only informs but also engages and inspires our readership.