Tuesday, 26 November 2013

Vagit Alekperov (5th Richest man in Russia)

Posted at  11:27  |  in  Richest Man in Russia

  •  Net Worth: $14.8 B                                                                      
  •  Source of Wealth: Lukoil
  •  Citizen: Russia
  •  Age: 63

Vagit Alekperov  is the 5th Richest man in Russia. Vagit Alekperov is another Russian businessman who derives his wealth from oil industry. He is the President of Lukoil which is the second largest oil producing company in Russia. An estimated 21% stake in Lukoil is owned by Alekperov which puts his net worth in billions of Dollars. He remains its largest shareholder. ExxonMobil was the second-largest investor until it sold out in 2010. During ExxonMobil's sale Alekperov bought shares using borrowed money.

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