Vagit Alekperov
Moscow, Russia
Bachelor of Science in Engineering, Azerbaijan Institute of Oil and Chemistry
Russia
oil, Self Made
$20,400,000,000
46
#47 Billionaires 2019
A former Caspian Sea oil rig worker, Vagit Alekperov became a deputy minister overseeing the oil industry in the Soviet Union. In 1991 he took three large ministry-controlled oil fields and set up Lukoil, now Russia's largest independent oil company. Lukoil, of which he owns nearly a quarter, was hit by U.S. sanctions in September 2014.Lukoil is the third largest company in Russia after state companies Sberbank and Rosneft.With partner Leonid Fedun, Alekperov owns Dutch shipyard Heesen Yachts, where his 230-foot yacht Galactica Super Nova was built in 2016.
Alekperov penned a book called "Oil of Russia: Past, Present and Future." Alekperov, who collects old coins, opened the Numezmatic Museum in Moscow where his collection is exhibited.
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