'Viktor Feliksovich Vekselberg' (; born
April 14,
1957, Western
Ukraine,
Soviet Union) is the owner and president of
Renova Group, a large Russian conglomerate.
Business empire
After working as an engineer in an obscure state lab for many years, Vekselberg moved to business in 1990. He rose to prominence after
Yeltsin's reelection in 1996 as co-owner and chairman of Tyumen Oil (TNK), one of
Russia's largest oil and gas companies. He took a controlling interest in the company in 1997 and has subsequently developed a joint venture with
BP. About the same time he co-founded
SUAL Holding, which since grew to control Russia's second-largest
aluminum business and is ranked ninth in the world. Later, he integrated those and other assets under the umbrella of
Renova Group, delegating operating responsibilities to managers.
Vekselberg is now overseeing a vast restructuring of his assets: the division of property with partner
Leonard Blavatnik, the merger of Renova's aluminium assets with those of
Oleg Deripaska, and the integration of various electricity and telecommunications investments.
Viktor Vekselberg is often considered to be one of the remaining
Russian oligarchs. The Forbes magazine estimated his wealth at 5 billion dollars in March 2005. Actual net worth is estimated over US$10 billion.
Repatriation of major art objects
In February 2004, Vekselberg purchased nine of the
Fabergé eggs from the
Forbes publishing family in
New York City. The collection was transported to Russia and exhibited in the Kremlin.
In September 2006, he agreed to pay the approximately $1 million in expenses to transport the
Lowell House Bells from
Harvard University back to their original location in the
Danilov Monastery and to purchase replacement bells. The historic bells are scheduled to be returned to Moscow in the summer of 2008.
Family
He is married to Marina and has two children, a daughter, Irina, and a son, Sasha.
External links
★
Forbes:Viktor Vekselberg
★
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